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The Co-living Market: Spain Embraces Flex Living

2025 is expected to be a pivotal year for the Co-living market, as new trends gain momentum and establish themselves. According to Araceli Martín-Navarro, founder and president of Coword—the Association of Shared Real Estate Spaces, which represents industry leaders driving co-living and co-housing projects in Spain, these developments signal a maturing sector with strong growth potential.

In an interview with El Mundo Financiero, the consultant asserts that the Co-living market is set to continue its upward trend, as it aligns with the growing demand for flexible and sustainable housing models that support community living. “As cities grow and working patterns change, particularly with the expansion of remote working and digital nomads, Co-living adapts perfectly to these new needs. Furthermore, it provides an ideal solution for seniors seeking a more independent lifestyle but within a community offering support and companionship. This is a model that caters to all generations,” the expert explains.

As previously discussed in this blog, the Living market could emerge as a significant property trend in Spain, given the country’s strategic geographic location, pleasant climate, a lifestyle that promotes cultural integration, and a highly competitive business and academic network operating on an international level. In this context, Senior Living is projected as a model with great potential for the over-65 demographic, but what about other segments interested in shared living spaces? The Living market is paving the way for a new concept: Flex Living.

Martín-Navarro further emphasises that real estate developers are working to create projects designed to meet the needs of clients seeking flexibility that suits their lifestyles. Investment funds, family offices, and financial institutions are particularly interested in Flex Living solutions, as they offer high profitability potential while attracting clients looking for innovative real estate options.

In these communities, residents find functional spaces designed for professional or academic activities, modern and sustainable architecture, and stylish interior design. They share interests and activities with neighbours and enjoy services such as concierge, laundry, coworking spaces, gyms, and more, all included in the management package, with no additional costs.

Martín-Navarro highlights, “Flex Living projects will offer a wide range of options, from Co-living to Senior Living, and will stand out for their ability to provide not only living spaces but an experience that connects work, personal life, and well-being. As it establishes itself as a distinct sector, it is poised to become a key pillar of the global real estate market.”

As experts in real estate innovation, Arum Group will closely monitor the evolution of the Co-living market in Spain and provide further insights on the various solutions developing within the sector.