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Barcelona, the Only Major City Where House Prices Are Lower Now Than Before the Pandemic

Currently, the price of new build homes in Barcelona amounts to 6,452 euros per m2, which represents an increase of 4.7% over the last year.

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With more than 1,639,900 inhabitants, Barcelona is the second most populous city in Spain, behind only Madrid. The most heavily populated districts of the Catalan capital are El Ensanche, San Martín and Sants-Montjuïc, according to data from Barcelona City Council.

Despite being one of the most attractive locations to live in Spain thanks to its cosmopolitan character, its great cultural, leisure and gastronomic offering, and the wide options in the labour market, house prices in Barcelona equal 4,637 euros per m2, on average, which makes it the only large city where house prices are lower now than they were before the coronavirus pandemic, according to data from the real estate big data platform Brainsre.

Read the full article in Spanish.

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