Barcelona, Spain
Property prices · 2024 · Europe
Property price trend in Barcelona (2024–2026)
Property comparison — cities in Spain (2024)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Barcelona |
|---|---|---|---|---|
| Barcelona | EUR 6,200 | EUR 4,000 | EUR 1,500 | — |
| Madrid | EUR 5,500 | EUR 3,400 | EUR 1,300 | -11.3% |
| Bilbao | EUR 3,800 | EUR 2,500 | EUR 1,000 | -38.7% |
| Malaga | EUR 3,500 | EUR 2,300 | EUR 950 | -43.5% |
| Valencia | EUR 3,200 | EUR 2,100 | EUR 900 | -48.4% |
| Seville | EUR 2,800 | EUR 1,800 | EUR 800 | -54.8% |
Other Europe cities (2024)
Frequently asked questions
How much does property cost in Barcelona in 2024?
In Barcelona, the average price per sqm in the city centre is EUR 6,200, and EUR 4,000 outside the centre (2024 data). Prices have risen 7.5% since 2024.
How much is rent in Barcelona in 2024?
A 1-bedroom apartment in Barcelona rents for approximately EUR 1,500 per month in 2024. A 3-bedroom apartment costs around EUR 2,400/month.
Is it better to buy or rent in Barcelona?
Renting is generally more cost-effective in Barcelona. The price-to-rent ratio is 21.0x — it would take approximately 21.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 3.90%.
What are mortgage rates in Spain in 2024?
The average mortgage rate in Spain is approximately 3.90% as of 2024. With a price-to-rent ratio of 21.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Barcelona?
The average property price per square metre in Barcelona city centre is EUR 6,200 in 2024. Outside the centre, expect to pay around EUR 4,000/sqm.