According to data from the Notarial Statistical Portal, the era of the foreign 'speculator' in Barcelona is fading. While French and Italian citizens remain active, they are increasingly buying as residents rather than investors. In the city of Barcelona, non-resident purchases have dropped from 8.11% in 2013 to just 4.99% last year.
“"The problem in Catalonia is the need to build massively to cover all demands."
Industry experts suggest that high property prices and new rental regulations are driving this divestment. This trend could lead to a stabilization of prices in high-end areas like Passeig de Gràcia, as the pressure from wealthy international buyers begins to ease.
