22 Jun Property investment in Barcelona is expected to bloom in 2017
Here, at Casamona, we except the property investment to bloom in 2017 in Barcelona. In fact, Barcelona has much to offer to people who want to invest in the Catalonia’s capital. The proximity to the beach, it’s weather and it’s history attracts a lot of people each year.
Barcelona is the perfect city for property investors to earn capital
A growing economy and decreasing unemployment rate mean that property investment in Barcelona is growing steadily. At the same time, low mortgage rates and high demand for property also hint that property prices have the potential to grow further in the future. Of all cities, Barcelona is highly anticipated to take a big leap in this aspect. Barcelona holds such a great appeal to investors as property prices are currently quite low yet expected to rise in the near future. Meanwhile, minimal loan rates create great advantage for investors as well.
Property investment in Barcelona can yield approximately 12-15% in profit per year
Given the current situation in Barcelona, experts believe the city is a promising land for redevelopment projects. Investors can buy cheap property, renovate it then have it for sale a few years later. Besides, another profitable option is to purchase under-construction property for future resale. Furthermore, with the current political situation in Catalonia the prices are lower than usual.
In conclusion, we Believe that it’s a perfect time to invest in a property in Catalonia’s capital. Find out more about investing in Barcelona here.