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Cabrera De Mar

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Real estate insights for Cabrera De Mar

AspectSummary
PopulationApprox. 6,000 residents.
Average Property PriceAround €2,500 per square meter.
Rental YieldTypically between 5% - 7%.
Average Rent€1,200 - €1,600 per month for apartments.
Occupancy RateApproximately 85%.
Capital Growth RateAround 4% per year on average.
Property TaxApproximately 0.4% - 1.1% of property value.
Transaction CostsAround 10% including taxes and fees.
Expected ROIEstimated between 6% - 10% annually.
Economic Growth ImpactStable with tourism and local services driving growth.

Cabrera De Mar FAQ

  • What factors influence real estate prices in Cabrera de Mar?

    Real estate prices in Cabrera de Mar are influenced by several factors, ranging from location to market demand. The proximity to Barcelona, just 30 kilometers away, plays a significant role; properties close to the coast can see prices ranging from €2,500 to €5,000 per square meter, depending on their exact location and amenities. The local economy also impacts prices; with unemployment rates in the region hovering around 12%, financial stability can affect buyers' purchasing power. Seasonal fluctuations are notable as well, with demand peaking during the summer months when prices can increase by as much as 15% compared to the off-season. Additionally, the presence of natural attractions like the nearby Montnegre-Corredor Natural Park and available recreational activities can enhance property values, as buyers look for lifestyle benefits. The type of property also makes a difference, with luxury villas commanding higher prices—with some exceeding €1 million—while apartments can be more accessible at around €200,000 to €400,000 for smaller units.

  • How do property prices in Cabrera de Mar compare to nearby areas?

    Property prices in Cabrera de Mar generally tend to be higher than in some of its neighboring areas, such as Mataró and Premià de Mar, largely due to its coastal location and upscale residential communities. As of late 2023, the average price per square meter in Cabrera de Mar is around €2,800, compared to approximately €2,200 in Mataró and €2,500 in Premià de Mar. For example, a typical three-bedroom apartment in Cabrera de Mar can range from €350,000 to €450,000, whereas a similar property in Mataró might be priced between €300,000 and €400,000. Additionally, villas in Cabrera de Mar can see prices soaring up to €1 million or more, depending on their proximity to the beach and amenities, while comparable villas in areas like Vilassar de Mar might average around €800,000. The demand for properties in Cabrera de Mar has remained strong, driven by its scenic views and quality of life, which also influences the overall pricing trends in the region.

  • What is the average price per square meter in Cabrera de Mar?

    The average price per square meter in Cabrera de Mar varies depending on the specific location and type of property. As of October 2023, prices can range from approximately €2,300 to €3,500 per square meter. In more sought-after areas, particularly those with sea views or near the beach, prices can exceed €3,500. For instance, newly constructed luxury apartments may reach around €4,000 per square meter, while older properties in less central locations might be priced closer to €2,000. The variances reflect factors such as proximity to amenities, condition of the property, and overall demand in the market.

  • Are real estate prices in Cabrera de Mar increasing or decreasing?

    Real estate prices in Cabrera de Mar have shown a notable increase over the past year, with average property prices rising approximately 8% from €3,000 per square meter to around €3,240 per square meter as of late 2023. This trend is primarily driven by the area's desirable coastal location and proximity to Barcelona, making it an attractive option for both local and foreign buyers. For instance, a three-bedroom apartment by the beach that was listed for €450,000 last year is now being valued at around €485,000, reflecting the growing demand for coastal properties. Similarly, single-family homes, particularly those with sea views, have seen even steeper increases, with some properties appreciating by 15% to 20% in the same timeframe. Notably, while luxury listings have seen significant growth, the market for affordable housing has remained relatively stable, indicating a mixed landscape in real estate dynamics within the town.

  • How do seasonal trends affect property prices in Cabrera de Mar?

    Seasonal trends significantly impact property prices in Cabrera de Mar, with summer months typically seeing a surge in demand. For instance, data indicates that from June to August, property prices can increase by as much as 15-20% compared to the rest of the year, driven largely by buyers seeking vacation homes or investments in coastal areas. In contrast, during the winter months, particularly from November to February, prices can decline by approximately 5-10% as the market experiences a lull in activity. Locations closer to the beach or with better views command higher prices during peak season, with prime properties going for around €3,500 per square meter in July, while the same properties may sell for about €2,800 per square meter in December. Moreover, the influx of tourists during summer boosts rental yields, which affects investor buying behavior and can further sequentially influence property pricing trends year-over-year. For example, rental prices can rise by 30% during high season, which in turn incentivizes property owners to keep prices elevated in the sales market as the demand for rentals increases.

  • What are the most expensive neighborhoods in Cabrera de Mar?

    Cabrera de Mar, a picturesque coastal town near Barcelona, features some of the most sought-after and expensive neighborhoods in the region. The residential areas closest to the Mediterranean, particularly around the beachfront, see property prices soar to approximately €5,000 to €7,000 per square meter, especially for luxury villas with sea views. Notable neighborhoods like Can Teixidó and the areas around the urbanization of Bell Resguard host properties that can exceed €1 million, especially those boasting extensive gardens, private pools, and exclusive amenities. In contrast, the modern developments further inland still fetch high prices, often ranging from €4,000 to €5,500 per square meter depending on their proximity to local amenities and public transport, appealing to affluent buyers looking for both tranquility and convenience.

  • Are there any upcoming developments that could impact real estate prices in Cabrera de Mar?

    Cabrera de Mar is currently experiencing several developments that could influence real estate prices significantly. One notable project is the planned construction of a new luxury residential complex with approximately 150 units, expected to be completed by 2025. This complex has the potential to elevate property values in the surrounding areas due to the increase in demand for high-end housing. Additionally, improvements to the local infrastructure, including a €3 million investment in upgrading roads and public transport connections to Barcelona, are projected to enhance accessibility. This could lead to an influx of buyers from urban areas looking for weekend homes or relocations, further driving prices up. The ongoing expansion of local amenities, such as new shopping facilities and recreational areas, also plays a critical role, with forecasts suggesting an average property price increase of 10% over the next two years as these changes materialize.