Valencia is the capital of the autonomous community of Valencia. Also the third-largest city in Spain after Madrid and Barcelona, with around 800,000 inhabitants in the administrative centre. Its urban area extends beyond the administrative city limits with a population of around 1.5–1.6 million people. Valencia is Spain’s third largest metropolitan area, with a population ranging from 1.7 to 2.5 million. The Port of Valencia is the 5th busiest container port in Europe and the busiest container port on the Mediterranean Sea. After all, the city’s ranked at Gamma+ in the Globalization and World Cities Research Network.
The city is situated on the banks of the Turia, on the east coast of the Iberian Peninsula, fronting the Gulf of Valencia on the Mediterranean Sea. Its historic centre is one of the largest in Spain, with approximately 169 ha (420 acres). This heritage of ancient monuments, views and cultural attractions makes it one of the country’s most popular tourist destinations. Due to its long history, this is a city with numerous famous celebrations and traditions. Such as the Fallas (featuring the traditional Spanish dish paella), which declared as Fiestas of National Tourist Interest of Spain in 1965 and Intangible cultural heritage by UNESCO in November 2016.