Find investment property in Barcelona
If you are thinking of buying property in Barcelona, apartments with two bedrooms are easily rented, making them the best option. Barcelona has ten districts to choose from, with renovated modern apartments being highly sought after in the Eixample, Ciutat Vella, Gràcia, and Barceloneta districts. The Eixample neighborhood, for example, is considered one of the most fashionable neighborhoods in Barcelona, as it offers many restaurants, bars, shops, and supermarkets - all within a short distance. Ciutat Vella is the oldest neighborhood of the four mentioned and is also the most visited by tourists. The Gràcia district is considered one of the most bohemian areas of the city, full of students, young families, and retirees. Barceloneta has an extensive beach and the best seafood restaurants. It is only a 10- to 15-minute walk from La Rambla and is a holiday zone where many foreigners have their second home.
Average property price: € 2,128.3 per square meter
Luxury neighborhoods: Pedralbes, Sarria-Sant Gervasi, Sant Cugat del Vallès
Popular neighborhoods among students: Eixample (through social life, restaurants)
Family neighborhoods: Les Corts, Barceloneta (with sea view), La Rambla, Gràcia
Growing neighborhoods: Sant Antoni, Gracia Nova, Guinardó, Cornellà
For high-level international investors wishing to establish themselves in the city or wishing to simply invest, Barcelona is very attractive. These foreigners find buying properties easy, with several real estate agencies which speak almost any language helping to obtain the necessary documentation. International investors should be clear that in Spain all taxes and expenses associated with the purchase of a property must be paid. If the property is new, the value-added tax (VAT) is applied. If the property is second-hand, capital gains, agency fees, and notary fees must be included. International investors can apply for mortgages at some Spanish banks, such as CaixaBank, Banco Santander, and Banco Sabadell.
As the economy recovers, studies show that in the coming years Barcelona will continue to be a popular investment point with a constant return on capital.