Singold Inversiones is investing more than €20 million in a new flex living development in Madrid, adding 126 apartments to the city's growing flexible accommodation market.
Located on Calle Berrocal, in the Butarque neighbourhood of the Villaverde district, the project will occupy a 1,574 sqm tertiary-use plot and comprise approximately 6,500 sqm of built area. The scheme will include studios, one-bedroom apartments and penthouses with terraces, targeting short- and medium-term stays.
The development will operate under the GreenVillage Inn by Sharing Co brand. Sharing Co, which already manages a portfolio of more than 500 units in Spain, will oversee the building's operations, including reservations, services and guest relations.
The investment model will allow individual investors to acquire apartments separately, with their operation entrusted to Sharing Co under a centralised management structure. BD Capital Real Estate is responsible for marketing the units.
The project will also feature a range of shared amenities, including reception, coworking areas, a gym, cinema room, swimming pool with solarium and a landscaped rooftop terrace. It will provide 73 parking spaces.
For Singold CEO Juan Jurado, the development responds to growing investor interest in flexible accommodation, offering private investors access to the segment through individually owned units backed by professional management. The scheme adds to the expansion of flex living in Madrid, where operators and investors are increasingly targeting accommodation formats positioned between traditional residential rental and hospitality.
