Llunare Paterna Review: Aedas Valencia Metro Spain 2026
Llunare Paterna review from €328,000: Aedas Valencia metro apartments, bank guarantee checks, and investor due diligence guide.
By Invest Spain Property Editorial · Updated June 17, 2026 · 14 min read
Quick answer: Llunare Paterna is an Aedas Homes promotion in Paterna, Valencia metro, with indicative entry around €328,000 in June 2026 materials. Foreign buyers need an NIE, Spanish bank account, independent lawyer, and licence and community checks before notary. Off-plan buyers need Ley 57/1968 guarantee verification on every stage payment.
Related research: Valencia city property investment · Spain property investment guide · Can foreigners buy property in Spain.
Llunare Paterna sits within Aedas Homes’ Valencia metropolitan pipeline. See the Paterna, Valencia metro investment context, our Spain property investment guide, and Aedas Homes developer review before you reserve. Figures are indicative: confirm live list price, inventory, and timelines with a licensed broker before any deposit.
About Llunare Paterna and Aedas Homes

Aedas Homes positions Llunare as a Paterna scheme complementing Aleria with family apartments, communal pool, and northwest Valencia metro access.. Read our Aedas Homes developer review for AEDAS listing context, Castlelake backing, and Ecoliving sustainability standards. Marketing highlights 2 to 4 bedroom apartments with terraces and open-plan kitchens with communal pool, landscaped gardens, parking, and Ecoliving finishes.

Before reservation, request the full commercial pack: unit schedule, surface areas, parking and storage options, community fee estimate, and draft purchase contract. Cross-read with the due diligence on Spain property hub and off-plan property Spain guide.
| Data point | Indicative value (June 2026) | Source to verify |
|---|---|---|
| Entry price | From €328,000 | Developer price list |
| Developer | Aedas Homes (AEDAS) | Contract header |
| Municipality | Paterna, Valencia metro | Escritura / catastro |
| Build standard | Ecoliving Class A/B | Energy certificate |
| Status | off-plan | Lawyer + licencia |
Location and why Paterna, Valencia metro matters
Llunare extends Aedas’ Paterna cluster for buyers who want Valencia metro access with institutional developer security. Compare against peer new-build stock in the same municipality before you treat marketing renders as proof of finish.
| Distance / factor | Typical context | Investor relevance |
|---|---|---|
| Beach / coast | 5 to 25 minutes | Rental seasonality |
| Town services | Walkable to short drive | Owner convenience |
| Airport (Valencia (VLC)) | 15 to 25 minutes | Owner and guest access |
| Comparable resale stock | Same municipality | Price negotiation anchor |
Pair location due diligence with the cost of buying property in Spain and tourist licence rules in Alicante and Málaga.
Off-plan payment plan and Ley 57/1968 guarantee
Aedas Homes typically issues individual bank guarantees through CaixaBank, Banco Sabadell, or BBVA group institutions, but buyers must verify each certificate before transferring funds.
| Stage | Typical share | Buyer action |
|---|---|---|
| Reservation | €6,000 to €11,000 | Written refund terms before pay |
| Private contract | 20 to 30% | Named aval bancario for exact amount |
| Construction milestones | 30 to 40% | New guarantee or rider per transfer |
| Completion at notary | Balance | Licencia de primera ocupación issued |
Read our bank guarantee off-plan Spain guide before signing.
Unit mix and who Llunare suits
Llunare Paterna targets buyers who want listed-developer deposit protection on staged payments. Marketing describes 2 to 4 bedroom apartments with terraces and open-plan kitchens. Investors should model occupancy, management fees, and non-resident tax before treating brochure yields as net returns.
| Buyer profile | Why Llunare fits | Caveat |
|---|---|---|
| Lifestyle owner | Branded developer, modern amenities | Community rules on short-lets |
| Long-let investor | Regional employment + tourism mix | Gross yield is not net |
| Family relocator | Schools and suburban services | Verify commute to main city |
| Yield hunter | Entry tiers vs coastal premiums | Licence rules vary by municipality |
Pros and cons for international buyers
| Pros | Cons |
|---|---|
| AEDAS-listed developer with institutional backing | Premium vs older resale in same district |
| Ecoliving Class A/B energy standard | Municipal tourist-licence rules vary |
| Individual aval bancario on stage payments | 6 to 12 month LPO admin delays possible |
| Regional airport access for owners and guests | Limited layout changes once factory phase starts |
Rental outlook and net yield discipline
Underwrite net yields after IBI, community fees, insurance, management, and non-resident income tax. Municipal tourist-licence rules vary, model net, not gross brochure yields.
| Cost line | Typical planning range | Notes |
|---|---|---|
| IBI (annual property tax) | 0.35 to 0.9% of cadastral value | Municipality specific |
| Community fees | €90 to €420 per month | Pool and gym push higher |
| Management | 15 to 25% of gross rent | Short-let operators |
| Non-resident tax | 19 to 24% on net rental | Model with accountant |
Risks and how to mitigate them
- Deposit security: Never transfer without a named aval bancario matching your payment.
- Licence feasibility: Confirm tourist rental rules for your unit and building in Paterna, Valencia metro.
- Tax shock: Model IVA/AJD plus notary and registry in year-one cash flow.
- Comparator neglect: Visit a completed Aedas phase where possible.
- Airport-noise zones: Verify flight-path exposure on lower-floor units near regional airports.
Step-by-step buyer path for foreign purchasers
- Obtain NIE and open a Spanish bank account (NIE guide).
- Instruct an independent lawyer before paying reservation.
- Request guarantee wording, payment schedule, and community fee estimate in writing.
- Model net yield with IBI and management included.
- Request a shortlist if you want broker-vetted alternatives in the same municipality.
Invest Spain Property field notes
Aedas Homes promotions in Paterna, Valencia metro benefit from AEDAS listing, Ecoliving framing, and guarantees typically issued through major Spanish banks. We log list price moves and community fee estimates for active schemes. Compare €328,000 entry against two peer comps in the same municipality before you treat render quality as proof of finish.
| Check | What we see in 2026 files | Your action |
|---|---|---|
| List price vs comps | Peer stock within district | Negotiation anchor set |
| Community fees | 3-year AGM pack | Reserve fund healthy |
| Handover standard | Prior delivered phase | Site visit or owner reference |
| Guarantee issuer | Named Spanish bank | Lawyer sign-off per stage |
Closing verification checklist
- Verify promoting entity matches guarantee issuer on reservation contract.
- Confirm parking, storage, and appliance pack in writing on the offer sheet.
- Model net yield with real IBI and community figures, not brochure gross.
- Visit a completed phase by the same developer when possible.
- Compare peer project pricing in the same region before reservation.
- Request refund terms on reservation deposit in writing before pay.
Llunare extends the Aedas presence in Paterna at a €328,000 entry, slightly below its sister scheme Aleria, and aims at the same northwest-Valencia tenant base. Paterna’s combination of the Parc Tecnològic, logistics employment, Metrovalencia access, and family districts gives Llunare a job-rich catchment, and the modest discount to Aleria is the main reason a buyer would choose one cluster scheme over the other.
Treat Llunare as a long-let asset anchored to local employment. The realistic tenant is a tech-park or warehouse worker, a Valencia commuter, or a family wanting suburban space with metro access, which favours 12-month contracts over tourist turnover. The Comunidad Valenciana is tightening short-let rules, so do not bake a holiday-rental yield into a residential Paterna unit without the licence confirmed in writing first.
Run €328,000 through the cost stack. Paterna IBI sits in the 0.35 to 0.9 percent cadastral band, community fees for a pool-and-garden scheme run €90 to €420 a month, management takes 15 to 25 percent of rent on a long let, and non-resident tax claims 19 to 24 percent of net. Notary, registry, and IVA add roughly 10 to 13 percent over list price in year one. Set Llunare directly beside Aleria, since the two schemes share a municipality and the real decision is unit, phase, and price per square metre rather than location.
Because Llunare and Aleria compete head to head, get both price lists on the same day and compare price per buildable square metre, parking inclusion, and milestone dates. Sister schemes from one developer often differ more on terms than on the brochure.
Considering this development? Our Spain advisors can verify bank guarantees, compare units, and connect you with independent lawyers before you reserve.
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Frequently Asked Questions
Llunare Paterna is developed by Aedas Homes (AEDAS). Confirm the promoting entity on the reservation contract matches the guarantee issuer before any transfer.
June 2026 indicative entry from approximately €328,000. Verify live inventory and parking options before offer.
Yes. Non-residents need an NIE, Spanish bank account, and independent legal counsel. Off-plan buyers must verify bank guarantee on every stage payment.
Underwrite net yields after IBI, community fees, management, and tax. Gross marketing figures commonly overstate take-home returns.
Lawyer review of contract, bank guarantee documentation, tourist licence feasibility for your unit, and a net yield model using real IBI and community figures.
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