How to Buy Property in Barcelona
The listed price for flats and apartments is normally inflated by up to 20%. We get the important information needed to evaluate the property, then negotiate a price. If you agree to it, we guide you through the legal steps to purchase.
A Buyer’s True Story
Oliver from London bought a flat in Barcelona’s Born area. “I looked for almost a year. I wanted to explore Barcelona as each neighborhood has its own vibe”. Along the way he met dozens of real estate agents. “I would say 30% were very good; 20% were not good; and the rest were OK, but had to be closely watched. Always measure the flat’s indoor floor size yourself as Agents tend to embellish this.”
Oliver purchased the flat as a second home and visits Barcelona frequently. “I like Born. It’s in the Old Town and is trendy with mostly young people and innovative stores. There’s a large park (Ciutadella) and the beach nearby.”
Finally, Oliver shared his thoughts of the neighborhoods he visited during his flat search:
Poble Nou. “If I bought now, I might buy in Poble Nou. It’s spacious with wide streets, natural light and near the beach. It’s up-and coming with several renovation projects. A good investment.”
Poble Sec. “A traditional part of Barcelona with a central location and a lot of families. There are some nice pedestrian streets and a lot of renovation projects.”
Gracia. This used to be a small town north of Barcelona. “A very traditional Catalan area with trendy stores, lively streets and good restaurants; very popular.”
Eixample. The is the large grid area between Old Town and Gracia. “A general mix of urban city life, more conservative with families.”
Plaza Born, Barcelona
The Process
1.- Initial Phase
We talk to you about your plans, help you locate a property, explain the total costs and advise about mortgages (if necessary).
2. Visiting the Property
We visit the property, carefully assess its pro’s and cons, meet the Seller or their Agent and negotiate a fair price.
3.- You Decide to Buy
We analyze the property’s legal documents searching for outstanding mortgages, unpaid building repairs and related issues.
4.- Closing the Deal
We negotiate and draft the pre-sales Arras contract, advise on transferring funds and prepare for closing before the public notary.
Buying in Barcelona is Different
There is no ‘Market Value’ or standard price for property in Barcelona or on its coast nearby. The property is too varied and unique. Sellers simply list at the price they want and hope for the best. And sometimes Buyers pay too much. But how is one to know? It’s a foreign country and the Agent said it was a good price. Knowing the market and persistent negotiation are necessary.
