Student Housing. From consolidation to institutionalization
A growing number of international students are choosing to pursue their university studies in Spain, drawn by the quality of our education system.
Spain remains one of international students’ preferred destinations. The acceleration and consolidation of its PBSA sector – already considered one of Europe’s most interesting markets – has largely been driven by rising numbers of domestic and international students and the attractive market metrics that have led more private sector players to get involved.
The university market in Spain is very wide and varied. Madrid and Barcelona offer high quality education with global renown, while cities such as Valencia, Málaga, Bilbao, Seville, San Sebastián, Pamplona and Salamanca are also home to prestigious and highly reputable universities.
The mobility of enrolled students, both domestic and international, is increasing every year. More and more Spanish students are moving to other provinces in search of specialized studies that are not offered closer to home or to attend more prestigious universities.
In recent years, Spain has positioned itself as a leader in terms of the number of students sent and received through the Erasmus+ programme. JLL estimates that some 526,300 young people needed accommodation during the 2019/20 academic year, a figure that has risen steadily since the 2015/16 academic year at a compound annual growth rate (CAGR) of 5.7%.