Considering buying into the Spanish property scene? We reckon cosmopolitan Barcelona has all the ingredients for a happy – and affordable – home away from home
What’s not to love about this coastal city, boasting striking architecture, long sandy beaches and renovated flats from just €200k?
When it comes to foreign buyers in Spain, Brits are top of the list, and with a blossoming expat community, balmy climate and low living costs, it’s easy to see the appeal.
Spain’s property market is beginning to thrive once more after 2008’s crippling recession. Rental prices are currently growing at double-digit rates, with major cities like Barcelona reaching record prices, so there’s no better time to cash in on a home here.
The buying process is relatively easy and there are no laws that say you must be a resident to buy in the country – Spain even encourages foreign investment.
Home rentals do particularly well here, and with the average ROI calculated at 18.78%, investors could rake in as much as £38,000 after deducting annual costs. So a buy-to-let in Barcelona isn’t just a popular choice, it’s a smart one too.
But where to buy? The beach district of El Poblenou, home to the 1992 Olympic Village, is a bustling spot with plenty of hip cafes, tapas bars and flea markets, while El Poble Sec, towards the Montjuïc hills, offers a quieter spot to set up home, whilst still being in walking distance of the bustling centre and port.
The established city centre is always a good choice to invest in too. Built on a grid system, the neighbourhood of Eixample boasts classical buildings, wide boulevards and every local amenity you could need.
For those hoping for a slower pace of life, or slightly more space than the city allows, look to the outskirts for larger villas with pools.
Here are some of our top picks on the market…
Two-bedroom apartment, Gothic Quarter, €249,000 (£220k)
This stylish modern apartment is located in the Old Town, so you’ll be right in the middle of the action and close to restaurants, bars and shops, as well as the pretty harbour promenade and beach.
Located on the fourth floor, this two-bed flat has a super spacious open-plan kitchen done out in white high-gloss, as well as a luxurious bathroom.
We love the contemporary split-level accommodation, with the second bedroom occupying the mezzanine, which could also work as an extra living area if you wanted more space.
A trendy little flat, its décor retains a cool, industrial look, with exposed brick and wooden ceiling beams. There’s also access to the communal terrace on the same level.
On the market for €249,000 with Larsson Estate.
Two-bedroom apartment, El Raval, €265,000 (£234k)
Here’s a newly refurbished flat that’s beautifully bright and airy, with doorways painted in a cheerful green hue to offset chic white walls.
Found on the first floor, it overlooks a quiet street in a trendy Old Town neighbourhood, within easy walking distance of the city's attractions.
Entering through a spacious open-plan kitchen, dining room and living area, the layout of this flat is thoughtfully designed for modern living.
There’s also a bar area with high stools – ideal for entertaining – along with two double bedrooms (complete with fitted wardrobes) and a generous bathroom.
On sale with Urbane international for €265,000.
Two-bedroom apartment, Sant Antoni, €385,000 (£341k)
This fabulous flat is bursting with interior design delights. Think exposed brick, wooden floors, marble counters, ceiling beams, tiled floors and gorgeous painted shutters – all in one place!
The well-lit property also comes fully furnished, so you can move right in with none of the stresses of kitting your new place out.
Featuring gorgeous high ceilings, the home has been divided up to form two spacious bedrooms, a bathroom and a lovely living area, with a gorgeous kitchen-diner at the heart of the apartment.
To the back of the property there’s also a balcony with fantastic city views, or if you fancy stretching out there’s a large roof terrace at the top of the building.
What better place to sit and sip a glass of Spanish red after a long day?
On the market for €385,000 with Larsson Estate.
Five-bedroom house, Sant Pere de Ribes, €450,000 (£389k)
For those seeking a quieter spot a stone's throw from the city, you’d be wise to look a little further down the coast.
This pretty family home is built over two levels and boasts a landscaped garden and barbecue station.
Living in a sun-soaked paradise also calls for a private swimming pool, and this one comes complete with a Jacuzzi and mood lighting, so you can enjoy a dip come day or night.
Inside, the home boasts five bedrooms, two living rooms, a solarium, two kitchens, two bathrooms and a large terrace that offers spectacular views over the surrounding countryside.
The home comes fully furnished with private parking for residents. Only 20 minutes by car to Barcelona Airport, this is a great option for buyers hoping to get lots of use out of their holiday home.
On Rightmove for €450,000 with Coldwell Banker.
Four-bedroom house, Vallromanes, €795,000 (£704k)
A secluded home surrounded by nature in a quiet rural area, this holiday home is just the ticket for families in need of a sun-soaked break.
Four bedrooms are on offer in this attractive pale yellow property, as well as a beautiful solarium and chic modern living accommodation arranged over two floors.
Splendid views over the Spanish countryside can be enjoyed from almost every angle, while a private swimming pool, large garden and barbecue terrace offer plenty of spaces to relax and unwind.
Keen golfers will appreciate the proximity to Golf Club Vallromanes, while the Catalunya Formula 1 Circuit is also just minutes away.
We’re sure both will be an attraction for potential holiday lets!
On Rightmove for €795,000 with Engel and Volkers.
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