Flex living and apartahotels attract €812M in 2026, emerging as alternative real estate investment

Spanish real estate investors are increasingly allocating capital to flex living and apartahotel assets, with €812 million deployed year-to-date and €4.5 billion over five years. This marks a structural shift in investment preferences away from traditional residential, driven by demand for flexible urban housing and tourism-related accommodation. The trend signals sustained growth in the alternative lodging segment, though long-term viability depends on regulatory and demand dynamics.