The Spain international midfielder will be 36 in September and believes that the time is right to experience a new country and a new league before he retires.
"There is a 95 per cent chance I will not continue at Valencia when the season ends," said Albelda.
"Could I stay? You always leave a small door open, but it depends on me and not the president or sporting director.
"I have always believed that I should leave at a time when it feels right. My first few months this season were complicated because I could not contribute anything."