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What Is the Nursing Home Sector Like in Spain?

In Spain, there are 363,581 beds in nursing homes, which are asymmetrically distributed across the country. The province of Barcelona has a shortage of 11,124 units; whilst Madrid needs to add another 5,220 beds to its supply.

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According to data from the National Institute of Statistics, by 2050, Spain will have the fourth oldest population in the European Union. The estimates published by the official body forecast that the dependency rate of the population over 64 years of age will continue to increase progressively before reaching a maximum point of 56.9% in 2050.

This scenario has not gone unnoticed by many national and international real estate investors, who have been focusing on the nursing home sector. In fact, despite the fact that the Covid-19 crisis has been in the spotlight these past few months, the sector is continuing to generate interest, experts say.

Read the full article in Spanish.

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