In our Market Report 2018 Guifré Homedes, CEO of Amat Immobiliaris, reflects on the luxury real estate market in Barcelona this 2018:
This 2018 has been a very inconsistent year for us in the Luxury Real Estate market and we could not find clear reasons why.
Both in the city of Barcelona and in its surroundings, we have not carried out operations on a regular basis, either in Sale or Rent. The number of foreigners who bought to us this 2018 has been significantly lower and, in our case, the high-end market of this 2018 has been dominated by local buyers. This is one thing should be highlighted because it has been different from previous years.
In the surroundings of Barcelona the most active market has been the sale of lands to build single-family houses. This is a very specific market and in which we consider ourselves very expert in the surroundings of Sant Just Desvern and Sant Cugat del Vallés. Self-promotion allows customers to build sustainable housing and other energy benefits. It also allows to housing personalization and to find offer in places where perhaps there is not any. Nowadays with modern constructive methods, construction times are quite fast. This allows us to give a global advice in urban planning with the professional advice of architects, offer our market knowledge and to bring creativity to the projects.
There is a most to highlight that in Barcelona city we recovered again Pedralbes as an area where we have done many operations and where have seen the higher impact of this 2018.
CEO Amat Immobiliaris