The necessary initial savings stand at 44,913 euros, a figure highlighting one of the major barriers in the real estate market: it's not enough to afford the monthly payments, but one must also have a sufficient down payment. The report calculates that Valencian buyers must contribute an average of 31% of the property price for the down payment, taxes, and associated purchase expenses.

The province of Alicante leads the initial effort, requiring 47,316 euros, followed by Valencia (45,543 euros) and Castellón (34,384 euros). The study is based on a typical 80-square-meter second-hand property and data from the Ministry of Housing for the fourth quarter of 2025.

The combination of limited financing and initial expenses is the main problem. Financial institutions typically grant mortgages up to 80% of the property's value, obliging the buyer to provide the remaining 20% as a down payment, in addition to transaction costs (notary, registry, taxes), which can amount to an additional 15%.

Qualis Credit Risk warns that this prior outlay excludes individuals with the solvency to pay a mortgage but without the necessary savings from the market. This unmet demand is pushed towards the rental market, which has seen prices rise by 24% in two years, while supply has fallen by 17% and demand has surged by 79%.

The head of client relations at Qualis Credit Risk Spain, Mariola Municio, points out that there are "thousands of potential buyers" with the capacity to pay but insufficient savings. The company proposes mortgage credit insurance as a way for banks to offer mortgages above 80%.

The study's conclusion is that access to homeownership in the Valencian Community depends on a prior barrier that is unattainable for many families, requiring them to gather an amount that in Alicante and Valencia exceeds 45,000 euros.