The desire to purchase a new, top-of-the-line home has increased recently, although few developers had the financial capacity or determination necessary to start up new projects.

Although the number of premium developments is still low, those that do exist sell very quickly. This has been the case of the building of 27 homes and three retail spaces in the Sant Gervasi neighbourhood (Augusta-Residential Builing), which finished construction in 2013 and is already 75% sold.

“We’ve seen that the market is picking up speed because in the past 6 months sales have risen considerably” Fina Jiménez | Head of Sales for the development.

The scarcity of land for new constructions in Barcelona makes it necessary to convert buildings previously used for other things. In this case, the residential development was created on the site of a former office building, of which only the façade remains, adding a rooftop pool. In this type of building, a privileged location, top quality finishes and rooftop pools are essential.