A data hub established by one of Spain’s leading property experts is helping to make Barcelona the most transparent housing market in the country.
Mark Stucklin of real estate intelligence consultancy Spanish Property Insight says a common concern of foreigners buying property in the country is the difficulty of finding relevant, reliable and authoritative market information, especially in some parts of the Spain where data is patchy.
However, Stucklin says this is not the case in Barcelona – although until now it’s been difficult to find.
He has collated material from sources such as the notaries’ association, city housing department, property portals, trade associations and Barcelona City Hall, amongst others, to create the Barcelona Data Hub. It’s in English, publishes data in standardised tables with interactive charts to help interpretation.
“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 Stucklin.
“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.”
He says this degree of transparency is key for foreign investors without local knowledge.
Barcelona is witnessing record numbers of foreign buyers with interest heightened by it hosting the 37th America’s Cup this summer.
Most of Spanish Property Insight’s Data Hub is behind a paywall, but the Barcelona section is free with the subscription fee 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. Our clients will benefit from access to valuable information, whilst we as home builders benefit from greater confidence in the market” says Philippe Camus from Shaftesbury Asset Management, the developer of Antares.
https://www.spanishpropertyinsight.com/
