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Is it a good time to buy a property in Barcelona?

The Catalonian capital owns this year’s one of the top positions in real estate investment. Is it a good time to buy a property in Barcelona? Now is the right time, as it is the perfect option. Let our consultants at Hermes & Mathew reveal several reasons for your consideration.

According to different studies by real estate specialists, 2017 is currently being a favourable year for the sector, as only in the first quarter of the year the evolution shot up to 50%. Out of this percentage, 70% of the investment was done between Madrid and Barcelona, although it was the latter which received the most business volume. Among other reasons pointing this takeoff in Barcelona, the following stands out,

Why is it a good time to buy a property in Barcelona? Competitive prices to consider when buying a property

When comparing average costs of housing with other European cities such as Munich or Paris, Barcelona offers slightly lower prices, even though forecasts point to a significant increase in the coming years. Therefore, now is the perfect time to buy a property in Barcelona as after a while, it will be fully revalued.

Adjusted interest rates

Related to our previous item, mortgage prices are still low. That is, the interest payable remains -in most cases- at historically low levels. Mortgages at fixed interest are nowadays those to offer more advantages with a very affordable tax rate. We recommend to read our previous article on how to take out a mortgage, where all the details you need to take into account are analysed when applying for a real estate loan and buying a property in Barcelona.

Tourism relaunches the rental market

Barcelona is among other cities in preferance for European and international tourism. The average tendency when visiting the city is to stay temporarily in private homes. Buying a tourist licensed flat is an excellent opportunity to get the most out of it, and obtain interesting economic benefits while allowing a quick amortization of the investment cost.

Barcelona booming neighborhoods

Apart from the most traditionally wellknown quarters in Barcelona – Eixample and center – where the real estate profitability investment has always been guaranteed, new areas have been added. Since the creation of the 22 @ business center at Poble Nou quarter, also Les Glòries area, Sant Antoni and even La Barceloneta, next to the beach, are hot real estate areas with a significant expansion and rising value.

A city with great economic activity

It is that approximately 5.000 foreign companies are located in Catalonia, and 90% are in Barcelona metropolitan area. In addition, Barcelona features has deserved it to be recognized as the city with the highest European quality of life for workers in the last decade. We should add its technological level, with a long tradition at industrial and productive levels. For these reasons, investing in a property in Barcelona is an interesting and very profitable option.


After reading these arguments in favour of buying a flat in Barcelona, if you decide to invest in the city,
Hermes & Mathew offers a wide portfolio of properties for sale adapted to any needs and demands. Do not hesitate to contact us and we will advise you.