At Jecama and Dasha Living Space, we want to share the key takeaways from the recent 2024 Housing Outlook panel hosted by Valencia Plaza, which featured our CEO, Jesús Boix, among the expert contributors.
1. Strong demand despite constraints
Despite rising interest rates, increased construction costs, and limited land availability, Valencia’s residential market shows strong resilience. Demand remains solid, and both rental and sale prices are experiencing moderate growth.
2. Land scarcity as a key challenge
The lack of developable land was identified as a major barrier to launching new projects. Experts stressed the need to unblock key areas such as the PAI del Grao and Benimaclet to meet growing demand.
3. Rise of flexible housing solutions
New residential formats such as coliving, flex living, and senior living gained visibility in 2023, driven by shared lifestyle trends and the influx of digital nomads. These models are expected to grow further in 2024.
4. Technological innovation and sustainability on the rise
Digitalization (BIM, augmented reality) and industrialized construction are transforming the sector, alongside increasingly demanding regulations on sustainability and energy efficiency.
5. Jesús Boix’s analysis (CEO)
Our CEO highlighted that while the build-to-rent model faces challenges from rising costs and regulatory complexity, flex living models are gaining traction. Seasonal rentals now represent 13% of the available stock in Valencia.
To read the full analysis and insights from other real estate professionals, visit the original article in Valencia Plaza:
Housing Market Forecast for 2024: Insights from the Experts – Valencia Plaza