Spanish data Hub boosts transparency of Barcelona property market and its free to use
Data drives good decision making
A common concern of foreigners buying property in Spain is the difficulty of finding relevant market information from reliable sources, which is certainly true in some parts of Spain where data is hard to come by. But in Barcelona there is a wealth of housing market information if you know where to find it.
The problem is finding it. The data comes from different sources like the notaries’ association, the Housing Department, property portals, trade associations and Barcelona City Hall, amongst others, and is published in different formats that can be time-consuming to make sense of. And most of the information is published in Spanish or Catalan, which can create a language barrier for foreign investors.
Spanish Property Insight lifts the lid - in English
To address this problem Spanish Property Insight, a real estate intelligence company, has created a Barcelona Data Hub in English that brings together all the publicly available data in standardised tables with interactive charts to help interpret the data, and shine light on the Barcelona property market. Quarterly reports that synthesise and interpret the data are also provided.
“Investors hate the feeling of ‘flying in the dark’ and appreciate independent market data to inform their decisions, so the Data Hub is of obvious value to them,” explains Mark Stücklin of Spanish Property Insight. “There is a wealth of housing market data available for Barcelona but it comes from various sources and is spread across different websites that are not always easy to navigate, even if you understand the language. The Data Hub gives them all the information on a plate.”
Market confidence - free to access
Transparency is good for buyers and vendors, and increases confidence in the market. It is especially important for foreign investors who might not have local knowledge at a time when foreign buyers in Barcelona are hitting record numbers, and the 37th America’s Cup is expected to give them a further boost this summer. Investors in Barcelona will benefit from the most transparent market in Spain.
Most of Spanish Property Insight’s Data Hub is behind a paywall, but the Barcelona section is freely available to all as the subscription fee is sponsored by Antares Barcelona, a super-prime residential development in the city’s waterfront Diagonal Mar district.
“Transparency with our clients is one of our guiding principles, so we are delighted to support this initiative,” says Philippe Camus from Shaftesbury Asset Management, the developer of Antares. “Our clients will benefit from access to valuable information, whilst we as home builders benefit from greater confidence in the market.”
Access the Barcelona Data hub free of charge here, via the Spanish Property Insight website