2024 has been a year of consolidation and growth for our offices in Barcelona and Sant Cugat. While the stabilisation of interest rates boosted property transactions, the limited supply continued to push prices upwards. Barcelona strengthens its international appeal, and Sant Cugat consolidates as one of the most sought-after areas in the metropolitan region.
Barcelona 2024
Moderate growth and strong demand
2024 has been a year of transformation for Barcelona’s property market. The stabilisation of interest rates and the easing of inflation have created a favourable environment for buying and selling, particularly in prime areas such as Sarrià-Sant Gervasi and Les Corts, where the demand for spacious, well-located homes is once again setting the trend.
While new-builds have seen a slight price contraction (-4%), the resale market continues to lead with a +3% increase, reaching an average of €4,722/m². Additionally, international buyers have strengthened their presence, now accounting for 12% of our transactions.
Sant Cugat 2024
Dynamism and consolidation
Sant Cugat’s property market has experienced a remarkable surge. New-build sales soared by an impressive +287%, following the completion of several long-delayed projects. The resale segment also saw strong growth at +48%. The average price now stands at €4,856/m², driven by high demand and limited supply.
This boom reaffirms Sant Cugat’s position as one of the most in-demand areas in the Barcelona metropolitan region, particularly among families and domestic buyers seeking quality of life, international schools, and proximity to the city.
2025
Our forecasts for 2025 point to a continued upward trend in both markets. However, the shortage of supply, especially in prime locations, will remain a defining factor. At Proddigia, we remain committed to providing strategic, personalised, and meticulous guidance to maximise the value of each transaction.
