This was one of the main conclusions of the Aprova Lab forum, organized by the Association of Developers of Valencia. During the meeting, held at the Territorial College of Architects of Valencia, real estate experts agreed that the imbalance between supply and demand is the main current problem.
“"The market is clearly strained, with a structural imbalance between supply and demand that continues to worsen."
Álvarez also pointed to a change in the tenant profile, with the arrival of new demanders such as digital nomads, expatriates, or seniors opting for rentals. He added that many owners do not rent out of fear, and that strengthening legal certainty could bring a significant portion of that housing onto the market.
For his part, the president of the Firmus group, Juan Valero, warned that various factors have hindered investment in recent years. Since 2021, rising interest rates, increased construction costs, and new regulatory layers have disincentivized investment. Valero advocated for reviewing the legal framework, streamlining judicial processes, and strengthening public-private collaboration to promote affordable housing.
Similarly, José Manuel Lorite, head of DeA Capital Real Estate in Europe, highlighted a clear mismatch between supply and demand, with a structural deficit of available housing that is straining access. He explained that increasing supply sustainably requires regulatory stability, fewer administrative hurdles, and economic conditions that allow projects to be developed.
“"The rental market has experienced a sharp increase in prices in recent years, while supply has significantly decreased. Otherwise, the problem could become chronic and structural."
The forum also addressed the role of emerging formulas such as flex living, coliving, and senior living, which are gaining traction due to more diverse demand. Experts agreed that these models do not replace traditional rentals but complement them and can contribute to expanding supply in the coming years.
