Investments in student housing in Spain break records in 2024
Investments in student housing in Spain in 2024 have reached incredible heights, becoming the object of close attention from investors around the world. According to the latest JLL report, the volume of investments in this sector increased by 71% in 2023, reaching an impressive amount of €147 million.
This unique growth is due to several factors that make student housing in Spain an attractive investment. Firstly, the constant growth in the number of students in the country leads to increased demand for housing. The limited supply of quality housing makes it an even more valuable asset. The second attractive factor is the average yield of 5%, which exceeds the profitability of other real estate segments.
It is also worth noting that the Spanish student housing market is resistant to economic fluctuations, which makes it more preferable for investors seeking to minimize risks.
There are a number of major trends in the Spanish student housing investment market. Investors prefer facilities in premium locations or with convenient transport accessibility. There is also a growing interest in acquiring land for the construction of student residences. The leading market players are actively expanding their portfolios, which indicates the long-term sustainability and prospects of this segment.
Future forecasts foreshadow the continued growth of the student housing market in Spain in 2024. The volume of investments is expected to maintain its level from last year. At the same time, the international consulting company JLL predicts an increase in market activity from both local and foreign investors.
This study highlights the dynamic growth of Spain's student housing sector and highlights its high potential for investment. The growth stage of the market creates excellent opportunities for those who are considering purchasing real estate in this segment.
In conclusion, when choosing an object for investment, you should pay attention to its location, transport accessibility, quality of construction and management.