Barcelona Property Market
May 3, 2021Still an Excellent Investment in 2o16!
After years of sharply falling prices, it appears that the Barcelona Property Market is finally beginning to upturn so now really is the time to buy property in the Catalan capital.
In 2015 property prices in Barcelona rose by 6.6% and 2.5% in the first quarter of 2016, which from a property point of view makes it the most dynamic city in Spain.
Experts are beginning to say that, particularly in the Catalan capital, the economic recovery is now in full swing and the reason for this is mainly due to the fact that Barcelona projects its international image so successfully, particularly as far as tourism and the Barcelona brand is concerned.
Combining this with the fact that throughout the worst years of the crisis property prices in Barcelona fell by 50% when you take inflation into account means that prices are still relatively cheap from the point of view of certain buyers, particularly foreign ones.