Properties for sale in Barcelona
For many years buying properties in Barcelona
as an investment was beyond the posibilities of many foreign home buyers. Prices have been rising since 2001 and reached a peak last year. However, this year as a result of the global economical crisis as well as the local crisis in Spain, prices of properties in Barcelona started to go down and it seem much more likely to find a decent apartment for sale that what it used to be before.
Here are some examples of apartments for sale in Barcelona that can be interesting for the foreign buyer:
75 m2 apartment for sale in the old city of Barcelona (Guardia street), in an old building, 3rd floor with no elevator. The apartment need some fixing, not much and depending on the buyer’s criteria. Price: 180,000€
45 m2 apartment for sale in the Eixample district (Balmes Street), in a classical building, 4th floor with elevator. The apartment is second hand and might need some actualization.
Very nice property! 220,000€
In the case of the first property for sale you can expect an income from rent of about 850€ per month. That means a return on the investment of about 5.5% which is quite good these days (not counting with possible future increase in value of the property). In the case of the second apartment you can expect a monthly income of 950€ per month, which is about 5% return on your investment.
For more information about properties for sale in Barcelona for foreigners and how to invest successfully in Barcelona property market you can visit www.homesearchbarcelona.com
