Find investment property in Barcelona
If you are thinking of buying property in Barcelona, apartments with two bedrooms are easily rented, making them the best option. Barcelona has ten districts to choose from, with renovated modern apartments being highly sought after in the Eixample, Ciutat Vella, Gràcia, and Barceloneta districts. The Eixample neighborhood, for example, is considered one of the most fashionable neighborhoods in Barcelona, as it offers many restaurants, bars, shops, and supermarkets - all within a short distance. Ciutat Vella is the oldest neighborhood of the four mentioned and is also the most visited by tourists. The Gràcia district is considered one of the most bohemian areas of the city, full of students, young families, and retirees. Barceloneta has an extensive beach and the best seafood restaurants. It is only a 10- to 15-minute walk from La Rambla and is a holiday zone where many foreigners have their second home.
Average property price:
€ 2,128.3 per square meter
Pedralbes, Sarria-Sant Gervasi, Sant Cugat del Vallès
Popular neighborhoods among students:
Eixample (through social life, restaurants)
Les Corts, Barceloneta (with sea view), La Rambla, Gràcia
Sant Antoni, Gracia Nova, Guinardó, Cornellà
For high-end international investors wishing to establish themselves in the city or wishing to simply invest, Barcelona is very attractive. These foreigners find buying properties easy, with several real estate agencies which speak almost any language helping to obtain the necessary documentation. International investors should be clear that in Spain all taxes and expenses associated with the purchase of a property must be paid. If the property is new, the value-added tax (VAT) is applied. If the property is second-hand, capital gains, agency fees, and notary fees must be included. International investors can apply for mortgages at some Spanish banks, such as CaixaBank, Banco Santander, and Banco Sabadell.
As the economy recovers, studies show that in the coming years Barcelona will continue to be a popular investment point with a constant return on capital. If you purchase a property with a value of €500000.00 or more, you also have the added benefit of qualifying for a Spanish Golden Visa.
Spanish Golden Visa
The Spain Golden Visa Program encourages investors outside the EU to invest in real estate, job creation and public debts. Under the program, investors and their families are eligible to obtain temporary residency in a matter of months through minimum property investments of €500,000.
The Spain Golden Visa Program is a true gateway to Europe, expanding your visa-free travel mobility within the Schengen Zone. This program allows the investor to consider residency acquisition as their first step towards permanent residency and citizenship acquisition if required. Further residency requirements will need to be met; after 5 years permanent residency can be obtained, and citizenship after 10 years living in the country. It is not necessary to live in Spain in order to retain and renew the residency visa permit. However, the route to permanent residency and citizenship requires the investor and their family to reside in Spain. The Spanish Golden Visa is an investment only route and does not require any contribution or donation to a fund.