NuvoBarcelona provides end to end property investment services, which helps take on some of the burden when you decide to invest in a property in Barcelona. Nonetheless there are may nuances to property investment in Barcelona which you may not be entirely clear on.
Know the city
Barcelona is a city with contrasting areas, and property prices. Before you decide on which property to invest in we recommend familiarising yourself with what each zone has to offer. The downtown district tends to be a lot busier and in the centre of all the action whereas the surrounding areas are more chilled out. Nuvo has a varied portfolio of investment opportunities dotted around the various upmarket areas of the city such as San Gervasi, Gracia, Eixample, and Les Corts.
Have your finances in order
Needless to say investing in a property will require you to have all your finances in ship shape. NuvoBarcelona’s finance team specialize in investing in Barcelona properties and will be able to provide with all the help and support you need to get you off the ground. NuvoBarcelona negotiates with local banks in order to create the best investment package for you.
Beware of short term rental laws
Properties are often bought in Barcelona for short term rental to tourist and business travellers. If you plan to invest in a property for short term rental be sure to check the new rules and regulations behind this. Although regulations change according to barrio, generally speaking you can now only rent out an apartment to tourists if you have a licence from the town hall, and in order to cap tourism the town hall has stopped handing out these types of licences. The only way to obtain a licence is through buying a licence from someone who has one or buying an already licenced property. Nuvo has a fully knowledgeable legal team to keep you up to date with the rules and regulations behind property investment in Barcelona.
Deal with the right people
Making the decision to invest in real estate in Barcelona is a big deal. Nuvo specialise in providing an honest end to end investment service to ensure that your Barcelona property investment experience runs smoothly. When making a decision to move forward be sure to find certified property professionals before you spend your hard earned savings.