In terms of number of galleries, it is the second largest contemporary art fair in Spain.
In 2007 23,000 visitors and 20 million Euros in sales were surpassed.
[citation needed] Arte y Asociados, Art Madrid's organizing company, is launching the first edition of FIART Valencia, the "International Fair of Modern and Contemporary Art of Valencia".
The fairgrounds will include 4,000 square meters of exhibition space and a projection of 50 participating galleries.
FIART Valencia will be held from September 25 to October 1, 2008, at the Feria de Valencia pavilions, coinciding with Habitat Valencia Forward, an event that includes the International Furniture Fair of Valencia and the International Decoration Fair which, in the last edition, received more than 80.000 professional visitors.