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Habyt to open largest coliving in Spain

Habyt to open largest coliving in Spain
  • 2,900m2 coliving complex located in Madrid’s attractive Salamanca district will include 128 rooms.
  • The building scheduled to open in Q3 of 2023 will consist of two connected buildings equipped with a gym, restaurant, solarium, rooftop, reception and coworking space.
  • Alcalá building to become the third largest coliving in Europe.

Madrid, May 18, 2022 - Habyt - the largest coliving provider worldwide - and ENEAS Alternative Investments join forces opening the biggest co-living property in Spain called “Alcalá” after the street it’s located on, which is set to open doors in Q3 of 2023 in Madrid’s fashionable Salamanca neighborhood, with a total area of 2,900m2.

Following its rise in countries across the world, the residential coliving phenomenon became a trend in Spain’s real estate industry. Madrid has been seeing a lot of development in recent years, making it attractive for young digital talent that are always seeking flexible living solutions. This turned one of the largest European capitals into a strategic location for Habyt’s further development in the context of the company’s global expansion.

The project is made up of two connected buildings located in one of the most attractive areas of the capital. The residential complex will be fully managed by Habyt, hosting tenants in a total of 128 rooms. 23 rooms are located in the first building measuring 650m2, with further 105 units located in the second building of 2,250m2. Renting conditions will be flexible, with Habyt offering medium and long-term stays at the property.

This building, which will become the largest coliving in Spain, promotes a dynamic and efficient residential experience, by offering tenants all amenities for a comfortable, and enjoyable lifestyle. Residents will have access to several different areas including a gym, a restaurant, a cozy co-working space, and an incredible roof terrace from which to enjoy Madrid’s landscape.

Habyt will fully manage the property, acting as a landlord for the tenants staying at Alcalá. The Habyt portfolio of entire coliving buildings includes 8 000 units spread across the world in 20 different cities. This allows the company to respond to the tenants’ needs quickly and effectively, providing the best housing experience. Habyt’s locations include Germany, the Netherlands, Spain, Italy, Portugal, France, Switzerland, as well as Singapore, Hong Kong and Japan with the company’s recent expansion into the Asian market, through a merger with Hmlet - the biggest Asia Pacific flexible living company.

Guido Bianco (COO): “We are very excited about this new project and the partnership established with such a strategic player like ENEAS. Our strategy of focusing on purposely built buildings is proving very effective: residents enjoy an incredible customer experience, while landlords are happy to partner with an established and professional operator like Habyt.”

Javier Fernández-Couto (General Manager Spain): “This deal is a great achievement for Habyt Spain: the combination of size and prime location makes this asset the most unique pure co-living building in the country. This consolidates us as leaders in the market.”

About Habyt GmbH

Habyt is the fastest growing global co-living company with a mission to provide the best housing experience anywhere, for anyone. The company has set itself the task of creating the best residential experience for customers through great design, a diverse community, a high degree of digitization and simplicity - worldwide. Habyt was founded in 2017 by Luca Bovone, former early employee of Dropbox Europe, and is now present in 10 countries and 20 cities. Habyt’s tech-enabled experience allows customers to access services at the touch of a button and move effortlessly between countries with no hassle. Today, Habyt manages over 8,000 units worldwide, supporting 15,000 customers every year. Total capital raised by Habyt exceeds USD $50m from investors including Burda Principal Investments, Sequoia Capital, HV Capital, P101, Picus and Vorwerk Ventures, Inveready.

For more information, please visit: www.habyt.com

About ENEAS Alternative Investments

Eneas Alternative Investments is an independent firm dedicated to investing in unique real estate opportunities in Spain.

For more information, please visit https://www.eneasai.com

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