Malaga is beginning to adapt to the trends in the new ways of life prevailing in major European capitals, Madrid and Barcelona.

Investors have their sights set on the Build to Rent (BTR) and co-living residential models due to the current shortage of supply in the residential rental housing market, the demand requirements in terms of quality and the upward trend in the number of households in Malaga.

In recent months, several land deals have taken place which are expected to be used for BTR and which herald the intense activity that the city will experience in this type of development in the medium term.

As a provincial capital with one of the most consolidated residential markets in Spain, Malaga has the potential for growth in these housing formats, driven by socio-cultural changes and the financial difficulty of buying a home. BTR and co-living would help to reduce supply-demand pressure.

However, there is still a long way to go. For the time being there are only 636 BTR dwellings in the city. In the coming years an increase to 1,452 units is expected and two co-living projects will be added to the residential stock.