BidX1, the digital property investment platform, will offer a stunning apartment in Barcelona via online auction on 29th April, with a price tag of €3.1m.
Situated on Avenida Diagonal in the heart of the city, the 343m² property occupies the 7th floor of an elegant building constructed in 1929, and boasts a balcony which offers spectacular views over the city.
The three-bedroom apartment is bright and spacious, with a recent refurbishment providing interiors designed to the highest specifications, beautiful details throughout, and innovative technology to ensure energy-efficiency.
BidX1 holds an auction of residential and commercial property throughout Spain each month, with the catalogues available to view on the platform 3-4 weeks in advance. The firm's online approach is more efficient and transparent than traditional methods, reducing the average closing time from 10 months to between 6 and 9 weeks.
The Irish company has recently opened an office in Barcelona, which will allow it to serve the province more effectively. BidX1 sold more than 70 properties in Barcelona last year, raising over €12m, and this new opening is in line with the company's expansion plans, which will see it increase both sales and headcount in Spain this year.
BidX1 enables buyers and sellers from around the world to access real estate assets via a transparent and efficient digital platform.
The firm's model, novel and disruptive in Spain, is simple. In order to purchase a property, interested parties must register in advance, providing proof of identity and proof of address, as well as a deposit that is fully refunded if they are not the successful bidder on the day of the sale.
BidX1's approach has already seen success in markets like Ireland, the UK, South Africa and Cyprus; the company has sold more than 10,000 properties to date, raising more than €2bn.
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