This intimate project of just 15 new-build apartments for sale in Barcelona ranging from two to three bedrooms, is a welcome addition to the property market. Due to be delivered in Q1 2020, the apartments are perfectly located, just two minutes’ walk from Gaudi’s Sagrada Familia and surrounded by Barcelona’s vast array of shops and restaurants. Designed by a renowned new-build property developer, the residence will include three entrances via different streets, a modern lobby and concierge services.
The apartments will be open-plan with the option to customise interiors pre-delivery. As standard, they will boast: a quality kitchen with integrated appliances; bathrooms with porcelain floor tiles; and natural oak parquet flooring throughout. There will be double-glazed windows for thermal and acoustic insulation and an eco-friendly air-conditioning system to stay cool in summer months.
The apartments offer views of the city and/or the interior patio, whilst two three-bedroom penthouses will boast stunning views from top-floor private terraces.
What’s the investment potential?
Prices in this area can reach up to €9,000 per sqm, yet this project offers a lower average with prices starting at €6,000 per sqm, which is excellent value when taking into consideration its central location. Strong capital gains can be expected in the coming years, with property prices in this area rising by approximately 5% per year.
New-build apartments such as these are also particularly rare in the heart of Eixample. Therefore, this project will be popular for short-term (minimum 32 days) and long-term rentals with estimated rental yields of around 4% with the option to use Athena Advisers’ rental property management service, Athena Collection. Investors can take great comfort in knowing this reputable developer offers a 10-year warranty and delivers projects on time.
Eixample is the most iconic district in Barcelona due to its grid-like layout, a hallmark of Barcelona, and is popular with both wealthy locals and tourists due to its central location. It is also home to some of the city’s finest Modernist architecture (Gaudi’s Casa Mila and Casa Batllo), shopping, bars and restaurants. In terms of transport, the area is known for its cycling and walking routes and is extremely well-connected to the rest of the city via metro and bus. By car, it is a 15-minute drive to Barceloneta beach and a four-minute drive to Passeig de Gracia, the most famous high-end street in Spain.
Lastly, it goes without saying that an investment in Barcelona gives access to one of the best lifestyles in the world: full of culture, festivals and different events going on through the whole year with beautiful beaches on one side and mountains on the other.