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Girona Storage Market Report – 4T 2019

The Girona storage market report for the fourth quarter of 2019 reflects a mixed evolution, with significant fluctuations in the number of sales and prices. In the city of Girona, 15 storage room sales were recorded, representing an extraordinary increase of 6,667% compared to the previous quarter and a year-on-year increase of 3,636%. However, these figures should be interpreted with caution due to the low comparison base, as the storage room market in Girona has historically recorded a limited volume of transactions.

As for prices, the average value of storage rooms in Girona city reached €1,277/m², which represents an increase of 12.51% quarterly and 41.10% year-on-year. This increase continues the upward trend observed in previous quarters, driven by increased demand and a limited market supply.

At the provincial level, the storage market showed a different dynamic. 108 sales were registered, which represents a fall of -18.18% in the quarter, although with a notable increase of 22.73% year-on-year. The average price in the province stood at €909/m², with a quarterly increase of 1.52% and a significant year-on-year growth of 5.90%, consolidating a recovery trend that began in 2018.

This report shows the volatility of the storage market in Girona, with large variations in both sales and prices, reflecting an evolving market that still faces challenges in terms of stability and limited supply.

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