Published 08/03/2017 by Carrie Frais

Top 10 Reasons to Invest in Barcelona

The Catalan capital consistently tops polls for its quality of life thanks to its enviable Mediterranean lifestyle and established reputation as a hub for business innovation and creativity. The lure of the city appeals to lifestyle investors who recognise the city’s long-term potential. Aside from its attractive property prices, here are Lucas Fox’s Top 10 reasons to invest in Barcelona.

1 Location, Location, Location

Barcelona is perfectly positioned. It is the gateway to Southern Europe, the capital of the Mediterranean area, a bridge to Africa and a springboard to Latin America.

2 Access And Connectivity

Barcelona is one of Europe’s best-connected cities and a major Mediterranean port. It has a high-speed train station, an international airport, motorways linked to the European network, the second biggest trade fair site in Europe and one of the biggest logistic zones in Southern Europe.

3 Diversity And Growth

Barcelona is at the heart of an economic area with a long industrial tradition and a dense business fabric. The city is geared towards the region’s diverse economy and knowledge-intensive activities.

4 Foreign Investment

Catalonia is the headquarters of more than 5,000 foreign companies, with 90% based in the Barcelona area. More than 50% of Japanese, Italian, North American, French, Austrian and Swiss companies operating in Spain are based in Catalonia.

5 Strategic Drivers

In Barcelona sectors linked to new technologies and sustainability are developing rapidly and offering considerable business and investment opportunities.

6 Talent Appeal

Nearly half of Barcelona’s active population work in knowledge-intensive services. The city’s 8 prestigious universities include those ranked as the best in Spain and offer studies in a broad range of fields.

7 State-Of-The-Art Urban Projects

Barcelona is Spain’s leading ‘Smart city’. It is constantly immersed in large-scale urban redevelopment involving major public investment and substantial opportunities for private investment.

8 A Global Business Attitude

Barcelona is entrepreneurial and business-friendly, with long-established creative and commercial traditions. Its people are enterprising, committed and open to doing business with people in other markets.

9 Quality Of Life

Barcelona constantly tops polls as the European city with the best quality of life for employees and families, with a perfect Mediterranean climate, world-beating cuisine and some of the most spectacular natural wonders in Europe.

10 A Global City Brand

Various independent, international and comparative studies consider Barcelona to be an internationally recognised city that is fully deserving of its prestige and reputation on the global stage.

“The Barcelona property market continues to attract investors from all over the world, thanks to its exceptional lifestyle and investment potential. In 2017 we expect New Development sales to drive the residential property market in Barcelona. We expect prices in the city centre to continue to increase, by between 6% to 8%. Other larger New Development projects that should come onto the market in the second half of 2017 are located in the areas of Eixample Left, Diagonal Mar and Poble Nou. They are perfect rental investments and will also attract non-European buyers looking to take advantage of the Golden Visa residency scheme. Our prediction is that sales in these developments will make up a high percentage of the mid-market transactions by foreign buyers. We predict further growth in the national market, more specifically in the Zona Alta, as the economy recuperates and financing becomes more accessible. We believe that Barcelona will continue to be an investment hotspot for several years to come, and capital gains growth will be consistent throughout.”

Rod Jamieson, Lucas Fox Head of Operations

View properties for sale in Barcelona on the Lucas Fox website

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