Octopus Capital has published a new report, “Shaping the Future of Care in Spain,” examining the country’s widening mismatch between demographic demand and care home provision, and drawing on demographic analysis, market data and insights from the United Kingdom’s more established care market to explore the scale of undersupply and the role of long-term institutional capital.
Spain has the highest life expectancy in the European Union at 84 years, placing it at the forefront of Europe’s ageing demographic, yet care infrastructure has not kept pace. Spain already faces a shortfall of nearly 100,000 care beds, even before future demand is factored in. To meet projected needs, the report finds that care bed capacity must increase from approximately 384,000 today to around 616,000 by 2033. This challenge is compounded by the fact that much of the existing stock is outdated and expected to fall out of use, further tightening already constrained supply.
Demand is b
