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The PBSA Market in Spain

The Spanish university system continues to modernize and internationalize. Spain has

become the leading destination for Erasmus programs by welcoming over 50,000 students,

or 20,000 more than France or Germany.

This high influx of foreign students, primarily from Latin America and the USA,  as well as Italy and France, demonstrates its strong appeal but also exacerbates the shortage of student accommodation in the region.

In 2021, with 560,000 housing requests per 100,000 available units, the shortage is was four times higher than the European average. This context establishes a sustainable market, with a strong need for growth in the park living sector and serious robust prospects for secure profitability for investors.

All regions have a shortage of student accommodation and present real tangible opportunities.

This is the case of Valencia, Salamanca and Seville where we have chosen to develop our new PBSA (*) and coliving units, the first steps toward our a goal of approximately twenty residences over five years across Spanish territory.

(*) Purpose Built Student Accommodation

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