Real Estate Articles
Should I still invest in barcelona
Barcelona real estate:
To find affordable href="http://www.staygaybarcelona.net" target="_blank">real estate in barcelona spain is getting more and more complex: Spain in general and Barcelona in particular used to be considered cheap countries where you could get, in the 90s, a house with a pool or a 3 bedroom apartment in the center for less than 50.000 dollars.
However, Barcelona has experienced one of the highest rise in western Europe and ahs become Spain's most expensive city and is now in Europe's top 5 most expensive cities. This week, the first week of March, will be sold the most expensive apartment in Barcelona, for more than 3, 9 million Euros, i.e., more than 5 million US dollars. It has 6 bedrooms and around 520 square meters. For this price you won't even get a brand new apartment, but one to be totally refurbished.
So you may ask, is it worth it to buy in Barcelona or is the bubble going to burst? My opinion as a realtor in Barcelona is that even though prices will not rise as much as they used to they will remain stable in central Barcelona. If you are planning to buy an apartment as an investment, we would advise you to invest in a loft, or a penthouse in the center, eixample, old quarter or poble sec.
If you need more information or some advice, please click on the Barcelona real estate and real estate barcelona links of this article.
Company: Staying in Barcelona
Author: Philippe Pesenti
Author email: info@stayinbarcelona.net
Date:
March 7 2007
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