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Cluttons appointed to sell new development in Sant Antoni

24 January 2017

Cluttons have been appointed as agents on a new development in Sant Antoni. 

On the quiet tree lined Carrer de la Cera in Sant Antoni, only a few hundred meters from Sant Antoni market, two buildings are being redeveloped by the famous architecture studio of Juli Pérez-Català into 10 new apartments with courtyard garden, roof terrace and swimming pool.

Preserving original features and adding modern architecture, the buildings one and two bedroom apartments will range in size from 58sqm to 89sqm and each comes with a storage room.  The apartments would be ideal as a first buy to let investment in the city, or a second home. Estimated completion is spring 2018. Mortgages of 60% LTV are available through Caixia bank.

Wonderful weather, a historic old town with atmospheric tapas bars, plus easy access to mountains or the beaches of Costa Brava make Barcelona the perfect city by the sea and one of the world's most visited cities. Property in Barcelona offers outstanding value, and with limited supply and rapidly growing demand, prices rose 7.5% last year and are due to rise significantly over the coming years. Rental demand is high with yields from long term lets around 4 - 6%.

Locations to watch include Sant Antoni which is part of Barcelona’s most prime central district, Eixample, but has up to now been quite run down. Located in central Barcelona between the prime streets of Eixample and the Gothic District, Sant Antoni is set to transform. Sant Anthoni market, Barcelona’s oldest market is currently undergoing a 4 year restoration due to complete at the end of this year, and many new trendy restaurants are opening in the area. The area is expected to see significant capital growth in the next 2 - 5 years. Rental yields are estimated at around 5%.

Prices from €269,300 to €398,600.