Why are the owners of Gràcia one of the luckiest in Barcelona?

The owners of Gràcia are lucky that its real estate market has a chilling potential.

Oliver Thansan
Oliver Thansan
26 July 2023 Wednesday 04:36
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Why are the owners of Gràcia one of the luckiest in Barcelona?

The owners of Gràcia are lucky that its real estate market has a chilling potential. The difficulty of erecting new buildings on limited land means that the demand, both from tenants and buyers, far exceeds the supply.

The district of Gràcia has an average rental price (€1,091.69/month) slightly higher than the Barcelona average, according to public data based on deposits deposited with INCASÒL in the first quarter of 2023. The price is more high in Vallcarca and the Penitents, where the average reaches €1,128.54/month.

In the same period, a total of 1,005 rental contracts were signed throughout the Gràcia district. This is 9.23% of the total for the city of Barcelona.

The latest study by Housfy concludes that Vila de Gràcia is the third neighborhood in Barcelona where apartments are rented the fastest. Only a week passes from the time the announcement of a flat for rent is published on real estate portals until the rental contract is formalized with the tenants.

An example of this would be this bright property rented by Housfy on Carrer de Ferrer de Blanes, in the Vila. He spent just 4 days published on the internet before finding a tenant:

Home sales also flow in the Gràcia district. During the first quarter of 2023, the average price per square meter amounted to €4,679.81/m², according to public data on registered homes.

But, of all, Vila de Gràcia is in the ranking of the 10 most expensive neighborhoods in the whole city of Barcelona, ​​with an average price of €5,129.20/m². The new construction in the Villa is the second most expensive in all of Barcelona, ​​at €7,714.44/m², only surpassed by Dreta de l'Eixample.

Vallcarca, for its part, is one of the neighborhoods in Barcelona where a flat sells faster. The average of homes for sale are transmitted in 27 days on average, according to Housfy.

Formalizing the sale in such a short time is a milestone in the real estate sector. This 106 m², 4-bedroom apartment on Carrer del Baró de la Barre, in Vallcarca, found a buyer in less than a month:

La Vila de Gràcia, the heart of this charming district in the upper part of Barcelona, ​​has all the ingredients to want to live in it.

Small art galleries stand out in the streets of the Vila around which numerous independent artists are polarized and that conquer the attention of art lovers and tourists willing to enjoy themselves.

Local and international writers are welcomed in its thirty independent bookstores specialized in various branches of literature. Children's books, social movements, travel literature, Asian and Anglo-Saxon culture, among others, stand out.

Bohemian brushstrokes, exoticism in its greatest essence. You only need to walk through the commercial area of ​​Gran de Gràcia to discover sustainable and authentic fashion stores.

Vila de Gràcia coined the urban and informal trends that are already triumphing in the most renowned cities in the world of fashion and magnetize that part of the population that is in search of that style.

The evenings in Gràcia are magical, especially because of its wide range of nightlife. The streets around Plaça de la Revolució are home to moviegoers and dramagoers who go to see performances at the Teatreneu, the Free Theater or the Verdi Cinemas.

In the Plaça de la Vila de Gràcia and Plaça del Sol, young people gather together, perhaps after their day at the surrounding theater schools —Nancy Tuñón and La Bobina, for example— and before going to one of its taverns and small alternative concert halls, where nights of live music, 'open mics', monologues and poetry are organized.

A lucky location. A stone's throw from Sant Gervasi and Passeig de Gràcia, the Barcelona neighborhood is very well connected to the rest of the city on one end and serves as the entrance to Parc Güell on the other.

Antoni Gaudí's garden, of international architectural interest, is a UNESCO World Heritage Site and one of the first on the list of things to visit when tourists arrive in Barcelona.

For the most passionate, Casa Vicens is also in the Gràcia district. It is a modernist building from the 19th century and stands as the first transcendental work of Gaudí.