The real estate sector is greatly influenced by changes in lifestyle. The rent is every day more common. So we are going to explain what does it mean build to rent. This trend is entering our country rapidly.
What is build to rent and how does it work?
This term can be translated as "built for rent”. In other words, it is a real estate activity based on the construction of properties with the aim of renting them.
As for the how does the build to rent, the mechanism is simple. A developer takes care of the construction of houses. Once the work is completed, the investor, usually companies, takes care of its exploitation.
The origin of buildings for rent
The Anglo-Saxon world is the cradle of this trend. In both the United States and the United Kingdom, rental housing is much more common. In fact, in the last country the growth of this trend is very large. In 2019 it registered a 19% growth compared to the previous year, reaching almost 150000 homes.
Who is the build to rent
This activity is aimed at investors and tenants. Facilitates access to housing for people with shopping problems. In addition, it is an investment instrument for those interested in making a profit from the sector.
Upward trend also in Spain
El build to rent in Spain it is spreading little by little. Young people show a change of mentality, and are more prone to rent. Add to that the increased mobility and hassle-free shopping. Madrid, Barcelona, Valencia and Malaga are some of the cities in which this model is developing more rapidly.
Either you want rent a house as if you want to put yours on the market, we can help you.
