Although the idea of buying property in Horta-Guinardó would be far from obvious for most foreign buyers, this really is a great district with some extremely plesant areas.
Starting with the Guinardó districts, the district ascends through the Valley of Horta into Sant Genis up in the Collserola hills and is possibly the most varied of Barcelona's ten district.
Located on the edge of Gràcia and Sagrada Familia, Guinardó and Baix Guinardó are located closest to Barcelona City Centre and their good transport connections along with the presence of monuments such as the modernista Hospital de Sant Pau and the Parc de les Aigües makes them a very attractive option.
My favourite area, though, is the old village of Horta itself, which also includes the Font d'en Fargües neighbourhood and for anyone considering living permanently in Barcelona, the area should definitely be taken into consideration.
As a permanent resident, I can definitely see the charm of the El Carmel area and the other neighbourhoods further into the hills but appreciate that for foreign buyers this would be definitely an acquired taste with few options of making a profit on your investment.
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The graphic below shows the change in price per square metre of real estate in Horta-Guinardó between April 2015 and March 2016.
The average price of property in Horta-Guinardó as a whole has risen moderately from €2,302/m2 to €2,493/m2, which is over 1,000 euros below the Barcelona average of €3,879/m2.
Given its location close to the city centre, El Baix Guinardó was least affected by the economic crisis and has maintained its value whilst the worst hit areas such as El Carmel and Sant Genis.
This means that property prices for the district are unrealistically low and are starting to pick up as local buyers re-enter the market following the worst of the crisis.
Looking at the drop in Horta and Font d'en Fargues, I strongly recommend investing in property in these areas in the current climate.
I tend to update my Barcelona district property pages relatively regularly (famous last words) but if you want to see the latest trends in Horta-Guinardó, Please Click Here to Visit Internet Property Portal Habitaclia, where prices are updated every month.
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