Article
Living 2026: investment, new models and the offer challenge
Residential sector is consolidating its position as the leading property asset class in Spain, driven by institutional capital, product diversification and demand that continues to outstrip the capacity to generate new supply.
September 23, 2026
Living sector continues to consolidate as one of the main investment areas of the Spanish real estate market. At the beginning of 2026, it represents about 36% of total investment, driven by strong demand, interest from institutional capital and increasing product diversification.
However, the market continues to be conditioned by a structural deficit of more than 750,000 homes, which maintains pressure on prices and focuses on the need to generate new supply. Administrative streamlining, public-private collaboration, flexibility of uses and transformation of existing assets will be fundamental to respond to this challenge.
At the same time, capital is reshaping the sector. Affordable housing, Flex Living and student residences are gaining prominence and consolidating an increasingly diversified, specialized and selective market. Likewise, the privatization strategies of BTR portfolios are gaining momentum, favored by the gap between sales prices and rents. In this context, identifying the right product, location and strategy will be key to capturing new opportunities.
Discover in Trends Living 2026 the keys that will mark the evolution of the sector and the main opportunities for the coming years.