Barcelona is a dream location, not just for the 1.6 million locals but clearly for the tourists and business visitors who flock there by the millions each year.
Property prices are perking up, and property investors’ attention is refocusing on Spain. As you’ll see, now is a good time to buy property in Barcelona. But for the income investor seeking the high yields of short-term leases, you’ve got some new emerging challenges.
Catalonia’s Sparkling Gem Is On The Move
Barcelona has many well-known attractions such as its exquisite Modernist architecture, the Gothic Old Town, galleries, monuments, theaters, restaurants, and shopping…not to mention 4.5 kilometers of great beaches and boardwalks overlooking the Mediterranean coast.
Capital of Spain’s Catalonia region, Barcelona is within two hours’ drive of France and a short flight or boat journey to the rest of Europe.
The climate is “easy”—45ºF to 80ºF—with blue skies for most of the year…so you can get out and enjoy everything about the city without fighting the elements, just about every day of the year. No question, it’s a lively, buzzing, cosmopolitan, thrilling place to visit and live in.
No question, it’s a lively, buzzing, cosmopolitan, thrilling place to visit and live in. Continue reading