Discover spacious and quiet apartments for sale with high ceilings in the heart of the Gothic Quarter, the oldest and most emblematic district of central Barcelona. In a completely renovated building, these 13 apartments are the perfect combination of history and contemporary homes.
Why is this opportunity so exciting?
Dating back to 1890, this historic building has been through a complete renovation to transform it into beautiful apartments for sale. All the characteristic features of the original building have been preserved to create a perfect balance between tradition and modernity: the Catalan ceilings with wooden beams and the vault arches have been restored and the exterior woodwork with wooden shutters have been kept.
In the most traditional part of Barcelona, the Gothic Quarter, these apartments are extremely well located. In the very heart of the city, all the main tourist attractions and points of interest are close by. The Barceloneta beach is just ten minutes away by foot - ideal to enjoy sunny Barcelona all year-long. The Lady of Mercy Basilica is 100 metres away and the famous shopping street La Rambla is a five-minute walk. All restaurants, clubs and bars, including the La Boqueria food market, are within walking distance. Generally speaking, the best way to get around in Barcelona is on foot, but a metro line is also available close by.
What’s the investment potential?
These apartments are already delivered, so owners are able to visit them and even move in straight away after the purchase has been completed. As building licenses are increasingly difficult to acquire in Barcelona, new-build properties here are becoming rare, especially in the Gothic Quarter, so this development is a needle in a haystack, especially with such a location and the quality of its finishes.
Prices in Barcelona are on the rise following the recovery from the 2008 crisis and the Catalan political issue, with prices reaching up to €8,000 per square metre for new projects. This development is well ranked on the property market with an average of just €6,000 per square metre. With this price tag in mind, and considering prices in Barcelona have risen approximately 5% annually in recent years, there is a lot of potential for capital appreciation in future. On the rental side, the Gothic Quarter is a very attractive area for both tourists and locals, meaning owners can expect to see up to 4.5% in rental yields which equates to up to €2,000 per month for the smaller apartments.
What about the properties?
Composed of 13 apartments, this renovated building consists of four levels with apartments ranging from two to three bedrooms. With interiors of up to 148 square metres, these apartments boast exceptionally high ceilings, especially on the ground floor where the ceilings reach 5 metres, and an internal courtyard brings plenty of natural light into the interiors. Parquet flooring, mosaic tiles and glass sliding doors feature in most of the apartments and all of them are air-conditioned. All apartments come with equipped kitchens and bathrooms. The communal parts of the building have been renovated and the charm of the old has been preserved.
Why the Gothic Quarter?
In the centre of the old city of Barcelona, the Gothic Quarter stretches from La Rambla to Via Laietana, and from the Mediterranean seafront to the Ronda de Sant Pere. Part of Ciutat Vella district, the quarter encompasses the oldest parts of the city and includes the remains of the city's Roman wall and several notable medieval landmarks.
Barcelona is full of culture, festivals and different events, which happen throughout the year. The lifestyle here is one of the best in the world, with beautiful beaches on one side and mountains on the other side. If you wish to swim, you can go to the beach and if you wish to ski the Pyrenées are only three hours away!