In January 2015 prices were up 0.5% in Catalunya, with +1.7% in Barcelona at 3 242 euros per square meter still down 31% from Q1 2007 peak.
In 2014, Barcelona property prices went up +3.5% in 2014 at 3 188 euros per square meter. Barcelona district which went up the most is Sant Marti at +9.1% (3 226 euros per square meter) then the sure area called the Eixample +4.3% (3 640 euros per square meter), sarria- sant gervasi +3.7% (4065 eur per sqm), les corts +3.4% 94 173 eur per sqm).
These 4 districts where buyers cf properties in barcelona can make a safe bet to play the Barcelona property market recovery.
In Sant Marti district the area which went up the most has been diagonal mar and Poblenou due to its proximity to the sea up +19.6%. In the Eixample, an area which seems to be picking up is called la dreta de l’eixample were prices have been up in 2014 +5.4% at 4 528 eur per sqm and la nove esquerra de l’eixample +4.2% at 3 292 eur per sqm.
In the past, the average contribution of the property and construction sectors to the Spanish GDP have been around 7% and we are presently around 5 %...
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