Barcelona's Passeig de Gràcia is Spain's most expensive street

Iconic boulevard ranks 16th in global ranking, led by Via Montenapoleone in Milan and New York's Fifth Avenue

Tourists in front of Casa Batlló, on Passeig de Gràcia boulevard
Tourists in front of Casa Batlló, on Passeig de Gràcia boulevard / Albert Hernàndez
Catalan News

Catalan News | @catalannews | Barcelona

November 20, 2024 04:29 PM

November 20, 2024 05:36 PM

Barcelona's Passeig de Gràcia boulevard is the most expensive street in Spain.

The monthly rent per square meter on this iconic boulevard is €3,180, an increase of 6% from last year.

The second most expensive street in Spain is Madrid's Serrano Street, one of the city's most prestigious areas, with rents reaching €3,060 per square meter.

In third place is another Barcelona street, Portal de l'Àngel, one of the city's most popular shopping destinations, where rents are €3,000 per square meter.

Shoppers on Barcelona's Portal de l'Àngel
Shoppers on Barcelona's Portal de l'Àngel / Maria Asmarat

Madrid's Gran Via ties with Portal de l'Àngel, also commanding €3,000 per square meter in monthly rent.

Passeig de Gràcia also ranks as the 16th most expensive street in the world, according to the Main Streets Across the World 2024 report.

The most expensive street in the world this year is Milan's Via Montenapoleone, with rents exceeding €20,000 per month, marking an 11% increase from last year.

This is the first time a European street has topped the global rankings.

In second place is New York's Fifth Avenue, with rents of €19,357 per square meter, followed by London's New Bond Street, where rents reach €17,210 per square meter.

Filling the Sink

Home to architectural masterpieces, luxury brands and very expensive flats, Passeig de Gràcia is celebrating 200 years.

Press play below to listen or subscribe on Apple Podcasts, Google Podcasts or Spotify to our Filling the Sink podcast episode released in 2023.

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