Wealthy investors bank on barcelona

Photo: Moyan_Brenn

Wealthy investors are increasingly banking on Barcelona's property market, as they diversify their portfolios beyond the traditional hotspots of New York, Paris and London.

Indeed, over the last decade, Barcelona`s status as a leading gastronomic and cultural hub has spread beyond Europe's borders, drawing in entrepreneurs and businessmen from all over the world, as well as some big name celebrities – including Rolling Stones guitarist Ronnie Wood, who bought a large city Centre pad in 2013.

Last year saw the launch of Barcelona's Superyacht Marina, ideally positioned in the heart of the city and which regularly welcomes Roman Abramovich's fleet of yachts. 

Culinary superstardom is now within the Catalan capital's reach, reflected in the city's 23 Michelin starred restaurants.

Lucas Fox International Properties has seen increasing numbers of clients with budgets over 10 million euros. The company has now launched a new venture, LF, designed to capitalise on these increasingly affluent buyers.

On TheMoveChannel.com, searches have risen for Barcelona, with the city the fifth most sought after location in Spain on the portal.

"Barcelona is a very seductive city." explains Lucas Fox co-founder Alexander Vaughan.

"Progressive, creative and constantly re-inventing itself, it has always attracted a discerning, creative crowd but now we are seeing new wave of super-affluent investors, who recognize the city's global appeal as well as its growth potential. A number of high profile industry leaders, businessmen and personalities such as Ronnie Wood have chosen to buy through Lucas Fox in recent years and, as Barcelona continues to establish itself as one of the world's leading cities, we believe this trend is set to continue."