Valencia is the capital of the autonomous community of Valencia and the third largest city in Spain after Madrid and Barcelona, with around 809,000 inhabitants in the administrative centre. Valencia is also Spain's third largest metropolitan area, with a population ranging from 1.7 to 2.5 million. The city has global city status. The Port of Valencia is the 5th busiest container port in Europe and the largest on the Mediterranean Sea.
Valencia was founded as a Roman colony in 138 BC. The city is situated on the banks of the Turia, on the east coast of the Iberian Peninsula,
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