Barcelona will close the year with an average housing price drop of up to 7%. This descent is related to the search for new spaces in the urban rings. Badalona, Sant Cugat, Manresa and Terrassa, among the most popular places.
More square meters, outdoor spaces and shared common areas lead the search for housing to areas located in the urban rings, where, generally, these characteristics can be found for quality-price, that is, in towns located between 10 and 50 km from the city. city.
The exodus to these new locations is impacting home purchase and rental prices, where they are expected to drop between 3 and 7% in the city of Barcelona in 2021 , according to Vicenç Hernández Reche, CEO of Tecnotramit and president. of the Association of Real Estate Agents of Catalonia (AIC).
Ibiza, Donostia and Sitges dethrone Madrid and Barcelona as the most expensive cities for renting flats
Madrid and Barcelona get off the podium of the most expensive cities for renting a flat
“An expulsion effect is being generated. Those who have a flat in Barcelona will not leave, because they have an asset that will be worth more, but given the possibility of choosing, families are prioritizing open-air areas that are well connected to the city. “explains Hernández Reche.
In this sense, the regions that are increasing the most in price as a result of the increase in demand are Maresme and Vallès Occidental and Oriental, with cities such as Badalona, Sant Cugat, Terrassa and Manresa as the main destinations in demand .
Sant Cugat del Vallès, among the municipalities in Spain with the highest price for second-hand housing
An example of this is that Sant Cugat del Vallès in the month of July was among the Spanish municipalities with the highest price for second-hand housing, 4,407 euros per square meter, registering an interannual increase of 3.2%, according to the Fotocasa data.
“These spaces are also close to Barcelona city, but the financial capacity required by families is higher, so many family nuclei choose neighboring cities,” says Hernández Reche.
With regard to the most sought-after neighborhoods in Barcelona, Diagonal Mar, Poblenou and Sarrià- Sant Gervasi are at the forefront for offering homes with the desired residential characteristics .
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