Home B-Exclusives A Snapshot of...

A Snapshot of the Housing Market in Barcelona

San Martín and Sants Montjuic saw the most significant declines in housing prices, though prices are still over €4,200 and €3,500 per square metre, respectively, according to Brainsre.

Mapa vectorial de barcelona

In the fourth quarter of 2020, the average sales price of housing in Barcelona reached 4,662 euros per square metre, while the average price per property rose to 495,416 euros. Despite the decreases experienced in recent months, these figures are more than double the Catalan region’s average price.

According to data from the real estate big data platform Brainsre, the average price per square metre of homes in Catalonia as a whole stood at 2,111 euros. At the same time, the average cost per property rose to 310,803 euros.

The price of housing in Catalonia and, above all, in Barcelona were well above the national average. The average sales price of a home in Spain reached 1,796 euros per square metre between October and December, with an average price per home of 261,521 euros.

However, the Covid-19 crisis has also had an impact on the residential market in Barcelona. The price of homes on sale declined by 1% year-on-year and by 0.2% quarter-on-quarter.

Read the full article in Spanish

B-Exclusives

Increased Demand for Houses in Madrid Leaves Supply at Six-Year Low

The demand for houses in Madrid following the coronavirus pandemic reduced supply by 28% in 2020, with interest concentrated on the city’s periphery. However, Moncloa-Aravaca still has the most detached properties for sale in the capital, according to Brainsre.

Where are the Highest Housing Yields in Madrid and Barcelona?

According to Brainsre, buying a property to let is currently yielding a gross profit of 4.6% in Madrid and 4.1% in Barcelona, the lowest value in the last five years.

A Snapshot of the Spanish Residential Market

Between March and December, the supply of single-family homes fell by 12%, falling twice as quickly as that for flats, due to a sharp increase in demand, according to Brainsre.

A Snapshot of the Housing Market in Barcelona

San Martín and Sants Montjuic saw the most significant declines in housing prices, though prices are still over €4,200 and €3,500 per square metre, respectively, according to Brainsre.

Latest news

Domo Activos Bids for 5,600 Homes from Sareb

The former socimi will present its bid for Sareb’s Darwin Project next Monday. Other potential bidders include Altamira, Haya, Servihabitat and Intrum.

Cement Consumption Grows by 8% to March, Back to Pre-Pandemic Levels

The figure represents the highest level of production in March alone in the last five years, according to Oficemen data.

Culmia and Aedas Bid to Build the First 6,646 Homes in Madrid’s Vive Plan

Isabel Díaz Ayuso, the president of the Community of Madrid, announced that "there has been sufficient competition to be able to start the construction of the first 6,646 homes," in a statement last week.

IHG to Open Luxury Hotel in Barcelona After €14-Million Investment

IHG's new luxury hotel in Montjuïc will have 273 rooms and is set to open its doors this summer. Bookings are already being accepted.