The reality in Spain's two large cities is that their supply of new construction compared to 2021 has decreased. compared to 2021 has decreased. In the case of Barcelona city and its metropolitan metropolitan area totals 3,132 new-build homes. of which 1.728 new homes are located in the city of Barcelona. Madrid city (within the M-30) has a total supply of 1,411 homes. of 1,411 dwellings of new buildings y Metropolitan Madrid has a total of 3,495 dwellings. of new new construction. This is clear from the latest report of Activum Real Real Estate Consultingwhich analyses the comparative offer of new construction in Barcelona city centre-Barcelona metropolitan area and Madrid capital.
Madrid and Barcelona city price of new build 3 bedroom flats
If you want to live in the heart of the city centre and have all the leisure options without having to use public transport, in this post we indicate some of the main average prices per district for a 3-bedroom flat.
Madrid city (within the M-30) has an average price of 1.104.147€ for a new 3-bedroom house of 141 m2.. In contrast, in Barcelona city has an average price of 575.348€ for a new 3-bedroom house of 105 m2..
The districts with the highest prices in Barcelona city areSarriá-Sant Gervasi with an average price of €839,900 for a new-build 3-bedroom property. Eixample is the second most expensive district with a price of €838,424.6 for a property with the same characteristics. The cheapest districts that we register are Sant Andreu with a price of €403,133 for a 3-bedroom typology and Sant-Montjuïc which offers the cheapest price at €379,500. The price in Sant Andreu has dropped by 5% for a 3-bedroom property and in Sant-Montjuïc by 7% over the period of one year.
In Madrid, the areas with the highest prices are; the Salamanca districtwith an average price of €1,769,612 for a 3-bedroom property, followed by Chamartín where the average price of a new-build 3-bedroom property is €1,705,340.
The lowest prices are found in the district of Tetuán. with a price of €455,000 followed by Retiro with an average new build price of €695,000 for 3 bedrooms. The Tetuán area has increased its average price by 30% in one year. Retiro has decreased by 11%.
In this last study we were also able to analyse prices in neighbouring districts in both Madrid and Barcelona city.. In metropolitan Madrid, two main areas stand out as the most expensive; Moncloa-Aravaca and San Blas.. For a newly built 3-bedroom property, the Moncloa-Aravaca district has an average price of 1,083,000€ and San Blas has an average price of 944,450€. The cheapest districts are Carabanchel with an average price of 309,574€, followed by Villaverde with an average price of 265,000€.
In the case of metropolitan Barcelona, the areas with the highest average price for a new-build home are with 3 bedrooms are; Sant Feliu de Llobregat at 550.000€ and Esplugues de Llobregat at 504.000€. And the most economical areas are Cornellá de Llobregat, Cornellá de Llobregat 327,000 and Sant Joan Despí at €333,500.
MAPS OF THE CITIES OF MADRID AND BARCELONA
AVERAGE PRICE OF A NEW-BUILD 3-BEDROOM PROPERTY
