Villa Olímpica, or 'Olympic Village' in English, is just that; a village within the Sant Martí district of Barcelona, which was created for the sole purpose of hosting world athletes that would be coming to take part in the 1992 Olympics. Sitting right beside the ocean, the neighbourhood is awash with relatively new-build properties, which have taken over the once-derelict, industrial zones of the city.
As a property developer, the district of Villa Olímpica is often seen as a highly-attractive investment opportunity. Situated on the coastline, the views afforded by flats with closest proximity to the ocean are breath-taking, and as such, command higher rental prices for those investors who are looking for a buy-to-let in Barcelona.
As part of the major urban regeneration that took place in this district, numerous housing blocks were erected, creating a large number of flats that still rise in value to this day, as the neighbourhood continues to grow and see further development.
Embedded within the Village is the Olympic Marina, with more than 40 eateries and bars open around the clock; this is certainly a major selling point for tenants letting out properties in the area, or house buyers looking for a holiday home within a bustling social hub. Flats for sale in Vila Olímpica don’t come cheap, but they are well worth the investment.
Damlex Reality experts can make the process of purchasing a property in Villa Olímpica far more straight forward. They'll assume responsibility for pursuing suitable mortgages, selecting the appropriate bank and mortgage package, and handling documentation throughout. Professional legal advice will be relayed to all clients, ensuring that any investors seeking permanent residence in Spain are assisted with their applications.