Data from major real estate agents states that students prefer to rent a flat rather than reside in a college or student residence. In fact, 70 per cent of young people who, in order to study, prefer to move to another city than the one they usually live in because they want to feel more independent.
In addition, this has contributed to rental prices lowering. Generally, private rentals are more in demand than residences. This is something that has encouraged parents to let their children try their luck in this way. For its part, the same goes with respect to thousands of investors who have decided to use their capital in property to rent out to students.
Generally, the flats purchased for this purpose usually have a fairly low price and, in addition, are located in areas near university. Likewise, they also often require major remodeling. However, it seems clear that a low monthly mortgage, coupled with the prices at which the rental market is currently managed throughout Spain, make the balance ostensibly lean towards the profit side.