It is a small area with an industrial past that borders the Ciutat de la Justícia and has been in the process of redevelopment for a decade. We are talking about La Bordeta, the Barcelona neighborhood where Housfy Rental rented his apartments in an average of 3 days. The average time throughout Barcelona is 22.5 days.
The study, carried out by Housfy with data from 2022, measures the time from when a property is published on the internet until the lease contract is signed.
The inhabitants of the Sants-Montjuïc district are no strangers to Housfy's services. As a comprehensive real estate services platform, it has a large presence in its neighborhoods: its agents manage the rental of dozens of apartments in the area, resolve incidents arising from the rental and guarantee payment to the owners.
Proof of this are properties like this 64 m2 apartment on Carrer de Gavà, in La Bordeta, recently rented by Housfy for €1,050 per month.
La Bordeta also borders the Sants neighborhood, with which, for socio-urban reasons, it maintains a strong connection.
Sants is establishing itself as a good residential neighborhood, with high standards of living and great commercial and leisure activity. Although its rental demand does not seem as voracious, the center of Sants rents its properties much more quickly – an average of 16.5 days – than in the entirety of Barcelona.
An example is this apartment on Carrer de Vallespir, with 2 bedrooms, which has recently found tenants for €940 thanks to Housfy.
The first quarter of 2023 consolidates an average rental price in Barcelona above the threshold of one thousand euros. Specifically, it records €1,087.3 compared to the €965.4 it documented in the same period last year. In 2000, nothing more than €408.3 was paid on average per month in the capital of Catalonia.
These are data from the Housing Studies and Documentation Service, based on rental bonds deposited in INCASÒL, data that show an upward trend in this value month after month, year after year.
The districts of Ciutat Vella (€1,054.0), Gràcia (€1,091.7) and Sant Martí (€1,084.3) also consolidate a figure over a thousand. The district of Sants-Montjuïc has surpassed that line for the first time (€1,015.9) and Horta-Guinardó (€880.9) and Sant Andreu (€878.5) are coming very close.
The La Bordeta neighborhood, where homes are rented the fastest in the entire city of Barcelona, has seen its prices catapulted to rank as the ninth neighborhood with the most expensive rent in all of Barcelona.
With an average of €1,393.9 per month for the first quarter of 2023, it already competes with high-income neighborhoods such as Sarrià, Sant Gervasi, Vila Olímpica or Diagonal Mar and the Front Marítim.
This shows us the power of demand against price increases. And how an urban renewal fully influences the resurgence of a neighborhood.
