Why Buy a Flat in Barcelona?
It is now widely reported that the property market in all of Spain is expected to return to a much more robust condition, but some hotspots are already seeing the benefits of an improving economy. Chief among these is the capital of Catalonia which has done reasonably well even through the economic downturn of the last decade. Due to the availability of work, one of the chief reasons that investors might buy a flat in Barcelona is to let it. Rental yields are impressive given the relatively low cost of property in the city plus the demand for decent living quarters from the local population.
Flats in Barcelona published recently
Apartments in a beautiful building, built at the beginning of the 20th century. The building is located in the San Gervasi area. In total there are 23 apartments for sale, which will be completely renovated. We offer different types of apartments according to the orientation and counters distributed as follows: apartments with 2 or 3 bedrooms facing the street or overlooking the garden. There are also apartments on the top floor with 2, 3 or 4 bedrooms, all with large terraces and magnificent views of the city. The surface of the apartments varies from 82.14 m2 to 200.43 m2.Ground floor apartment with 2 bedrooms, ...
607 320 €
Apartment of 225 m2 in the upper area of Sarria in Barcelona. The apartment is located just 100 meters from the metro station, which goes to Plaza Catalunya. There are private schools and universities next to the apartment. Also in the area there are shops, supermarkets and restaurants. Only 500 meters from the famous Turo Park - City park with a pond, a playground, dog walking area. The apartment is located in a building with a closed territory. Building with concierge. There is a small garden with a pool that can be shared only by the residents of the house. The apartment has a large living room with access to the ...
1 300 000 €
Apartment located in the first line of the sea in a modern building in the first line of the sea. The residential complex has a closed area with swimming pools and a playground. The complex is located in the trendy modern Diagonal Mar. This area has become very attractive to buyers from all over the world due to its location away from the noisy center, with excellent infrastructures and transport links to the center of Barcelona.The apartment has a total area of 230 m2, of which 160 m2 are for an apartment and 70 m2 is a terrace. From the terrace there is a beautiful view of Barcelona and the sea. Apartment with 4 ...
2 800 000 €
Totally refurbished apartment located in Ciutat Vella, Barcelona. The apartment has a total area of 104 m2, of which 90 m2 correspond to the apartment and 14 m2 are terrace. The apartment has three bedrooms and two bathrooms, a large living room with access to the terrace. Equipped kitchen that is combined with the living room. The apartment has air conditioning and heating. The renovation was carried out in 2017. The building is in good condition, there is an elevator.The apartment is within walking distance of the important architectural monuments of Barcelona.
500 000 €
Apartment in the Born area of 125 m2 in excellent condition. 30 meters from the metro station in the heart of Barcelona. The apartment is located in a historic building with elevator. The apartment has 4 bedrooms, all have access to the balcony. Large living room with kitchen, also has 2 balconies, two bathrooms: one with shower and the other with bathtub. The design of the apartment uses elements typical of the Catalan style: authentic wooden beams are preserved. The apartment has an air conditioning system that works in the heat / cold mode.
900 000 €
See more Properties in Barcelona
Of course, if you are looking to buy a flat in Barcelona in order to rent it, then there are some key considerations. Mid and high-quality apartments are the most sought-after by renters and access to the city's underground train network is another consideration worth factoring in. Having said that, the ultra-low mortgage credit that is currently available means that flat buying in the city is relatively risk-free no matter where you happen to look.
For some UK investors, it is the unknown factor of Brexit which is causing an upturn in interest in Barcelona's burgeoning property market. With so much still unknown about the UK's relationship with the rest of Europe, some see overseas investment as a sound way of spreading financial risk. Should the pound weaken against the Euro once negotiations begin in earnest, Barcelona's property prices may seem impossibly high.
Therefore, many see now as the right time to invest. Should UK citizens face a rough ride with pound as it plummets and rallies, a more stable return in the form of Euros means that the riskier elements of Brexit are mitigated for. So long as the investment is made in an up-and-coming and easy-to-reach place like Barcelona, why not?