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Diari Valencià

Valencia promotes five new student residences with 653 places

Valencia City Council is processing licenses for new centers that will add 653 places, aiming to ease pressure on the rental market.

Generic image of a modern student residence in a Mediterranean city.
IA

Generic image of a modern student residence in a Mediterranean city.

The city of Valencia continues to be a magnet for investors in student residences, with five new centers under processing that will offer an additional 653 places, seeking to balance housing supply and demand.

The growing student population in Valencia, coupled with the scarcity of affordable rental apartments, has transformed the capital of the Turia into a strategic point for real estate investors. Currently, the Valencia City Council is processing licenses for five new student residences, which will add a total of 653 places.
Among the notable projects, a subsidiary of an Italian group is finalizing the construction of a residence with nearly 300 beds. Additionally, another company acquired over 8,000 square meters in Benicalap to build a residence with 271 rooms. Another large project under construction is a building with 620 places in the Ayora neighborhood. A 650-place project on Ingeniero Fausto Elio Street is also being developed, designed for university students and professionals.
These accommodations under processing are in addition to the 2,073 places that the City Council has authorized since 2023, distributed across 16 residences. Once all projects in the administrative phase are built, the city will have a total of 21 student residences. It is estimated that the approval of these 2,726 places will allow the recovery of approximately 900 homes for residential rental, according to Council calculations.
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"With an average occupancy of three to four students per apartment, the 2,726 approved or in-process places will free up approximately 900 homes for the conventional rental market."

a City Council spokesperson
Despite the construction activity, the sector still shows a significant imbalance between supply and demand. With a university population exceeding 110,000 students in the 2025-2026 academic year, the supply of specialized accommodation, ranging between 6,500 and 7,000 places, is insufficient. This provision rate, close to 6.5%, is well below the European average of 12%.
Sector analysts suggest that Valencia would need between 4,000 and 5,500 new beds to balance the local real estate market. The lack of specific accommodation has led to direct competition for conventional housing, with over 85% of displaced students opting for shared apartments in neighborhoods like Benimaclet, Cedro, or l'Amistat, which drives up prices and displaces demand towards peripheral areas like Benicalap or Malilla, where new licenses are concentrated.

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