Gótico district in Barcelona is the oldest area of the city, which has still preserved most of its history to this day. This district has been hosting Street art exhibition with a multitude of inspiring graffiti as a true symbol of eternal modernity.
Since the well-off Barcelona residents have for so many years turned their backs on Gótico and acquired real estate in other areas of Barcelona because they believed they could find more comfortable and modern properties elsewhere, now this old town is acquiring a new look that comes mainly from the idiosyncrasies of foreign buyers.
This historic town turns irremediably into the epicentre of the latest luxury offers in Barcelona. At the inauguration of the new exclusive Soho House club, in a historic plaza close to the seafront, there are hotels such as the Wittmore, which has turned its bar into a meeting point for the crowds. The latest proposals for new companies, art galleries or handmade jewelery boutiques sprout continuously through these ancient narrow and labyrinthine medieval streets.
The fact is that no other European city can quite match the characteristics of Barcelona when you take into account its unique combination of beaches, climate, cultural and commercial offers, schools and communications. This is why buyers of new real estate properties in the historic centre are looking for a second home or holiday home in order to enjoy virtually all that the area has to offer.
The decrease in real estate prices is already seen as something of the past and with the incipient recovery, this neighbourhood is now considered as an excellent investment and advantageous compared to many other major international cities. For this reason, renovations that convert old buildings into luxury apartments with high-end finishes continue to appear in a fast and sustained way.
It has been shown that, in the case of British buyers, not even Brexit has dampened their enthusiasm. On the contrary, the number of British buyers have even increased by 10 per cent during the last year. The entire buildings in the old town of Barcelona, purchased for about one million euros by British customers, are now becoming exclusive apartments. These investors are either renovating the apartments for rental purposes or selling them for profit.
The success of the real estate market has become reality for this urban district that increasingly combines modernity with glamour and exclusivity with a unique historical setting. That is why a visit to Engel & Völkers Barcelona, a real estate company with more than 36 years of experience in the sector is a must. This company specialises in all types of luxury properties and will find you the latest apartments that meet your expectations.