Investors wake up to Spain’s student bed opportunity
Real estate investors searching for yield are turning to Spain’s burgeoning student accommodation sector as the current supply falls short of demand.
Spain has witnessed a sharp increase in the number of people studying at university level, which coupled with official estimates of an 11 percent rise in the population of 18 to 24 year-olds between 2018 and 2025, is fuelling the development of purpose-built accommodation by the private sector.
So far, however, the number of developments has been insufficient to cover the shortfall, with many students unable to secure a place at a student residence. JLL estimates that the unmet demand totals around 380,000 students …