Pearson Avenue is one of the most emblematic streets of Barcelona, located in the neighborhood of Pedralbes. This area is known for being one of the most exclusive and luxurious in the city, characterized by its large mansions, private gardens and panoramic sea views. Want to know more? Keep reading our Bcn Advisors article.
History of Pearson Avenue
The property that we now know as Pearson Avenue had its origin in 1842, when it was acquired by Francesc Buxó. In 1904, the Sarrià City Council approved the development of the land to facilitate access to the mountain of San Pedro Mártir. In 1915, the avenue was named in honor of Frederick Stark Pearson, an American engineer who led the electrification of Catalonia. Three years later, the Sociedad Anónima San Pedro Mártir bought the Buxó’s land and created a Garden City, which led to the first owners settling on Pearson Avenue, including figures such as the society’s director, Baron Güell, and banker Vicente Muntadas Rovira.
The most prestigious educational and business institutions located in Pearson Avenue
Over time, Pearson Avenue has become one of the most exclusive areas of Barcelona, chosen by people who are looking for to buy a luxury house in Barcelona. In fact, it’s quite normal, because this area is surrounded by natural spaces such as Cervantes Park and Castell de l’Oreneta Park: so it attracts people who want peace and calm. This privileged location, together with its elegance, security and good connection to the urban center, have led to this area being highly sought after. Homes here tend to have large outdoor spaces and an average size of more than 150 square meters.
In addition, the area has some of the most prestigious educational and business institutions, such as IESE Business School, Aula Escuela Europea and St. Paul’s School, as well as luxury stores, exclusive restaurants, gyms and other businesses. Nearby is the campus of the International University of Catalonia, a private university specializing in graduate and master’s degree programs.
Pearson Gardens and its three villas
The most common homes on Pearson Avenue are villas surrounded by large plots of land. An example of this is Pearson Gardens, a plot of 7,179 square meters that has three villas: Villa Grande, Villa Alta and Villa Botánica, designed by A-cero and promoted by the Iniala group, owned by Mark Weingard. From here, the further you go down towards the center of Barcelona, the less houses you will see, being replaced by luxury apartments in Pedralbes, some of which are for sale in our catalog.
Pearson Avenue and real estate
Despite these inequalities, Pearson Avenue continues to be one of the preferred destinations for both national and international real estate investors. The demand for properties in this area is high due to its exclusivity and tourist appeal, making it one of the most expensive areas in Barcelona to buy or rent a home.
Most of the properties on Pearson Avenue are mansions or luxury villas, with large plots and private gardens. The prices of these properties usually range between 10 and 20 million euros, although there are some that can exceed this figure.
In recent years, there has been an increase in the construction of luxury apartments in the area, with prices that can reach 5 million euros. These apartments are usually located in newly constructed buildings, with private swimming pools, 24-hour security and concierge services.
Despite the economic crisis caused by the COVID-19 pandemic, the Pearson Avenue real estate market has continued to grow, albeit at a slower pace. Investors continue to bet on this area due to its exclusivity and tourist attraction, which makes it a safe and profitable investment in the long term.
Another option that our real estate agents in Barcelona will recommend when making a real estate investment in bcn city, is to take a look at our catalog of penthouses for sale in Sarrià: the neighboring neighborhood of Pedralbes, and also considered one of the most luxurious where to start a life if you decide to come to live in Barcelona.
Bcn Advisors: your luxury real estate agency in Barcelona
In conclusion, Pearson Avenue is an exclusive and luxurious area of Barcelona, one of the wonders of living in Pedralbes, highly sought after by real estate investors and people looking for a life of luxury and comfort, as it is considered one of the best areas to live in Barcelona.
Recognized as the best luxury real estate in Barcelona, Bcn Advisors has extensive experience in buying and selling properties in Pearson Avenue and other exclusive areas of the city. If you are interested in investing in this area or in other luxury properties in Barcelona, Bcn Advisors can help you find the perfect property for you.