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"The damage has already been done", investors "have place the brakes on" in Barcelona and may ought to wait for a next couple of weeks, and especially the elections on December 21, to determine the way the situation evolves. This is how Emmanuel Virgoulay and Anna Molgo, founding partner of Barnes Spain and real-estate manager in Madrid, respectively, define the panorama from the luxury real estate market in Catalonia and the Ciudad Condal following the illegal consultation on October 1 as say pisos lujo barcelona
According to the data from the firm, which landed inside our country in mid-2016, the values of luxury homes within the Catalan capital have fallen by around 20% between November 1 and November 15 because of reluctance from the buyers -mainly foreigners- because of the political crisis the region is experiencing along with the demand has contracted by 50%. "It's an issue of confidence," Virgoulay explained. Buyers choose to wait until your situation returns to normal before October to generate their investment decisions and possess their sights intent on next month's elections to resume the game prior to October. "It's something temporary," he assured, however that does not stop the connection between uncertainty have previously begun to notice. "You do not know what's going to happen" and that may cause those who are interested to buy a property over 500,000 euros to choose "to avoid Barcelona and get it in other cities including Madrid". Real estate, dedicated to the posh sector, has seen a paralysis within the operations which were geared towards Catalonia, with special emphasis on French investors, who in recent months "were very encouraged" there. Because of this, in the company usually do not dare to make forecasts with the evolution with the sector in the community for next season. On the contrary, they're very optimistic about other points such as Madrid or the Balearic Islands, where they prefer to open offices in 2018. In the capital it might be the 2nd, encouraged through the great attraction the city represents for national and international investors. "45% of luxury homes in Madrid are ordered being an investment," people say. The demand is concentrated in properties at a price ranging between 800,000 then one . 5 million euros; by zones, 60% of sales are closed inside the Salamanca district, 20% in Chamberi, 10% in Justicia and another 10% within the surroundings of the Santiago Bernabeu. The Spaniards mainly go for this last area, even though they aren't probably the most active buyers inside the city. That position is available Mexicans, who jump out in front of Venezuelan and Colombian investors. Up against the Latin American profile that opts for Madrid, oahu is the Nordics preferring Barcelona, although in cities there's increasingly more demand from Asia and countries in the Middle East. The resurgence of real-estate vacation as well as the growing interest of investors encouraged the firm to land in our country as well as prospects after a year and a half are still optimistic. Also within other countries for example France, Switzerland or Belgium, they observe that the luxurious market has not endured the crisis, which has allowed them to grow by 25% in year-on-year terms in 2017. Its sales reaches 4,625 million euros, when compared with 3,700 million the year before; the number of assets from the portfolio comes from 37,125, a figure higher than the 29,700 in 2016 and buyers have risen from 85,000 to 106,250 in 2010.
piso de lujo Barcelona.
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Barnes puts on the block 7 luxury homes during Barcelona
This really is one of several three homes in Ronda Sant Pere / Barnes International
If your Ciudad Condal led in 2017 the quest for luxury homes on holiday, in 2010 could offer what these buyers are searching for. It had been recently learned that KKH Real estate investors invested 180 million euros to build 34 luxury homes inside the unique Paseo de Gracia. Now, Barnes International announces that it's going to market 7 high-end homes in the middle of the city, in Ciutat Vella. The properties are valued between 700,000 and 1.5 million euros as say pisos en pedralbes
Of the seven properties, three come in Ronda Sant Pere, a street leading to Plaza Catalunya, two in Palau Street as well as the rest from the old town center: one out of Portaferrissa street and another in Petritxol street. They are currently while being reformed, even though the company has detected a powerful demand, both by domestic and foreign buyers. "The location and also the competitive price would be the main attractions", explain from Barnes.
Except for one, how big the buildings doesn't exceed 200 m2. All are between 110 and 190 m2. The homes have been designed and renovated by Fhaus, a Barcelona company that since 2013 is among the best international players dedicated to bespoke residential properties. Pisos Pedralbes barcelona
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The typical expense of luxury housing on holiday increased 6% year-on-year at the conclusion of 2017, to a average of 6,600 euros per square meter, inspite of the paralyzing effect of the Catalan independence struggle in your community until mid-November, which impact are not welcomed in a couple of months. These data are obtained from the Barnes Report 2017 about the luxury market. In large cities such as Madrid, Barcelona, Seville, Valencia or Alicante, as well as in regions with great tourist affluence for example the Andalusian Costa del Sol, the Valencian coast, the Catalan Costa Brava, the Balearic Islands and also the Canary Islands, the rise in prices was above 12% year-on-year, with absolute values exceeding 10,000 euros per square meter as say piso de lujo barcelona
Within this sense, the typical duration of sale of the luxury property during 2017 was 5.5 months nationally and a couple of months from the regions of greatest tourist demand. For nationalities, french were the buyers of luxury properties more fast, having an average of 2.5 months and 4 appointments with your house. Spaniards and Italians needed about 7 months and between 8 and 9 visits to make the final purchase decision. Chinese people were individuals lengthened the process further, having an average time period of 8.5 months and an average of 14 visits. In terms of financing is involved, Spanish buyers of luxury homes required 42% financing to buy. The French were those who needed less funding (15-18%), while Germans and Italians needed more funding to close the operation (25-40%). "Historical year" The founding partner of Barnes Spain, Emmanuel Virgoulay, stressed how the real estate property sector has enjoyed a "historic year" in 2017, since "not has only the cost-effective crisis been definitively left behind, however a stability necessary for the market industry. " "The annual balance is very positive, especially as a result of nice beginning recorded in the first three quarters as well as the prominence in the first house", underlined Virgoulay, who seen that in the last quarter, in spite of the influence with the political conflict in Catalonia , the response with the sector was "great capacity of reaction and altitude of view". The effect with the Catalan crisis Regarding the political conflict in Catalonia, Barnes suggests which it stood a "paralyzing effect" due to the generation of the latest operations through the period between 1-O and mid-November of 2017, having a fall within the demand and also the average expense of luxury housing, specially in the capital of scotland- Barcelona. Nevertheless, there were ongoing operations which are "stand by" pending the clarification of the situation, Barnes notes that there was not domino effect or perhaps an investment leak to Madrid, the Balearic Islands, the Valencian Community or other markets , since the remaining country is "politically alien" towards the Catalan question as well as the profile with the buyer that invests in other areas of Spain differs from that regarding Barcelona, being compatible and complementary markets. "The political situation in Catalonia is temporary, hence the effects of the conflict will likely be welcomed in 3-4 months once the tranquility is reestablished and buyers and investors come back to see Catalonia and Barcelona because they had always perceived it: one of several regions economically more prosperous in Europe with lots of investment opportunities, "said Virgoulay. You'll be able to Desire for piso de lujo Barcelona
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Luís Miguel Romero, neighbor of Ronda Sant Antoni, dedicates 60% of his income to the rent
Luís Miguel Romero, in his round apartment Sant Antoni in Barcelona, where he grew up and lived for mre than 50 years. / CARLOS MONTANYES (THE NEWSPAPER)
"For the Catalan Andalusian". So says this little dedication in the left corner of a black and white photograph in which you see a spirited miura in full thrust. The animal is besieged by the sinister by a bullfighter, while with the right horn engages in the foreground the testicles of a young and terrified banderillero. The snapshot was taken in Seville in 1992 by today's prestigious photographer Emilio Morenetti and for years hangs on the wall of the round floor Sant Antoni by Luis Miguel Romero. "He gave it to me because I knew I was a bullfighting anti bullfighter", recalls with a smile this Barcelona born in the Andalusian capital as relate pisos obra nova barcelona
The life of Lluís, as his friends know him, is hanging on the walls of this apartment for rent. Floor where he and his five older brothers grew up and now he shares with his cat Malena. Once his parents died and the condition of rental of old rent expired, Lluís went from paying 200 euros to 600. In February he had to renew the contract and this time the rise was up to 750 euros. "I sat down to negotiate with property managers, Fincas Gras, and told them that my salary had not risen so much and that, therefore, it was only fair to adapt the rent increase to the evolution of salaries. , Explain. Lluís is administrative of the Servei de Trànsit de la Generalitat and charges 1,250 euros. To continue living in your home means spending 60% of the income to pay the rent. To which you then have to add the expenses of supplies. "Luckily I have some savings for the unexpected," he says.
"This is my house, this is the neighborhood where I grew up, I have experienced the transformation of when Raval was known as al Chino and when in Sant Antoni only neighbors of all life lived," says Lluís with a nostalgic look. An estate whose facade is covered by scaffolding and pallets that are fixing it. The walls of the interior staircase of this building without elevator have chipped everywhere and the lack of investment jumps at first sight. "All the renovations of the floor have been paid for by us", says Lluís to justify the contrast between the interior of the dwellings and the common areas.
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Lluís renewed two months ago for three years of tranquility, but already begins to think about what he will do when presented with the next upload, which he knows he will not be able to tackle. "Fight to stay in what is my home, to force the property to negotiate a fair rent, but I can not pay", affirms with optimism this affiliate of the Sindicat de Llogaters de Barcelona, a citizen movement that works politically against abusive rents. "It seems that in this city only the money comes in. Of the 12 families that lived on my farm when I was little, we only had three left, we are the resistant ones," he concludes as say pisos nuevos Barcelona.
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