San Sebastián, with its coastal charm and unique architecture, remains one of the most attractive cities for buying and renovating properties in Spain. These are the main trends shaping its real estate market:
1. **High demand for apartments in the historic center and Gros**
Central neighborhoods such as the Old Town and Gros continue to be highly sought after due to their proximity to the beach, amenities, and vibrant cultural life. Properties in these areas are consistently appreciating in value.
2. **Boom in renovations of old buildings**
Many buyers, especially expatriates, are investing in old apartments to modernize them while preserving historical elements like high ceilings, original moldings, and traditional balconies.
3. **Growing interest in sustainable properties**
Sustainability is gaining traction in San Sebastián. New developments and renovations are incorporating technologies such as efficient insulation, solar panels, and energy-saving systems.
4. **Remote work drives interest in villas and houses with outdoor space**
Remote work has motivated many people to seek larger homes in peripheral areas such as Igeldo, Zubieta, or Añorga, where they can enjoy gardens and sea views without straying far from the city center.
5. **Competitive market for international buyers**
San Sebastián attracts international buyers looking to invest in a city with an exceptional quality of life, increasing competition in the premium property segment.
**What does this mean for buyers and sellers?**
If you’re considering buying or selling in San Sebastián, now is the perfect time to take advantage of these dynamics. Do you own an old apartment and are thinking about renovating it? Or perhaps you’re looking for advice on the most promising areas. Let’s talk and explore your options!