Residential rental is becoming a giant leap in the great attraction of large and small investors in Spain, and this is not new since the macroeconomic prospects of the Spanish economy are accompanying this awakening of the real estate sector. There are some factors that explain the change in these trends in rent:
Economic: the real estate bubble and the credit restriction have been the main triggers of the beginning of the increase of market share of rent versus the property. At the same time, the agents involved in the sector, such as listed real estate investment companies or international investment funds, have also played an important and decisive role.
On a smaller scale the small investor has also focused on investing in real estate assets as an alternative to the low returns offered by deposits and funds.
Sociodemographic: geographical mobility, limitation of disposable incomes, changes in the structure of households, changes in the population pyramid, among others, generate new real estate uses, therefore new ways of providing value to the sector.
The importance of use over property, flexibility and adaptability of uses and spaces to new socioeconomic trends such as co-working, co-housing, vacation rentals and a long etcetera will lead to the emergence of new companies with innovative business models that will add value To these new residential needs.