Barcelona building prices up 30pc in 6 months

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This topic contains 5 replies, has 5 voices, and was last updated by Profile photo of angie angie 2 years, 3 months ago.

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  • #182419
    Profile photo of Mark Stücklin
    Mark Stücklin
    Keymaster

    Barcelona property for sale

    Barcelona

    Talking to a Barcelona developer the other day they told me their cost of purchase for buildings in Barcelona has gone up by around 30% in the last 6 months. Another developer has put up retail prices 15% in the last few weeks, yet continues to sell at the same pace. I’m seeing a clear change of cycle in prime Barcelona. And as elsewhere, the change is being driven by foreign demand.

  • #182767
    Profile photo of OuiFind
    OuiFind
    Participant

    Hi Mark

    Interesting news. For residential market the foreign demand is also a key point of increase of volume of sales in Q1 and Q2 in Barcelona.

    Congratulations for the site !

    Kind Regards,

    Julien from OuiFind

     

  • #182779
    Profile photo of katy
    katy
    Spectator

    Are comments on your articles censored? I have noticed a couple of my posts never appeared even though they were not contentious. Ms puzzled!!

  • #182787
    Profile photo of Anonymous
    Anonymous
    Participant

    building prices are up 25% at least all over the country; higher social security charges, new legislation, higher price materials and difficulty in raising finance are affecting builders in their tendering. Also, the builders that are left don’t want to work for nothing and require a good return or don’t bother bidding…….. 😥

  • #182788
    Profile photo of Anonymous
    Anonymous
    Participant

    not to mention banks now putting up the prices of their repossessions – just like the downturn in the early nineties !!!

  • #182789
    Profile photo of DBMarcos99
    DBMarcos99
    Participant

    I personally know someone, based in London but with Catalan connections, who has bought an apartment in Barcelona this summer. On the one hand I can understand that it’s a good time to buy, when prices are at their floor (or as close as they can be), and of course you’ll still get a lot more for your money than in London. However I do wonder whether this independence quarrel could turn out as  bad news for stability and prices  (Catalunya, not Scotland! )

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