The University of Valencia (Valencian: Universitat de València, UV; IPA: [univeɾsiˈtat de vaˈlensia]) is a university located in the Spanish city of Valencia. It is one of the oldest surviving universities in Spain,and the oldest in the Valencian Community, and is regarded as one of Spain's leading academic institutions. The University was founded in 1499, and currently has around 55,000 students. It is located in the Mediterranean Spanish baseline, in the city of Valencia which is the capital and most populous city of the Autonomous Community of Valencia and the third largest city in Spain, with a population of 810,064 in 2008. One of its campuses is located in the metropolitan area of Valencia, in the municipalities of Burjasot and Paterna. There are three campuses: The University is committed to keeping and establishing links with universities world-wide, either through bilateral agreements or by taking part in international programmes and networks. Thanks to international exchanges, students from different nationalities and cultures live and work together at the Universitat de València.