Finint Investments, a company specializing in real estate investments, has announced the acquisition of two buildings in central Padua for redevelopment into student housing. This project is part of a broader strategy to expand affordable accommodation options for students and support the growth of the city’s education sector.
Padua, home to one of Italy’s oldest and largest universities – the University of Padua, has a high demand for modern and affordable student housing. In recent years, rental prices in the city have increased significantly, making this project particularly relevant.
Deal Details and Property Value
📍 Finint Investments has acquired two properties in strategic locations, close to university buildings and key transportation hubs.
💰 The total transaction value is estimated at €12–15 million, including both acquisition costs and upcoming renovations.
🏢 The combined area of the two buildings is approximately 8,000 m², which will accommodate over 250 students upon completion.
🔨 The renovation and conversion process is expected to take approximately 18–24 months, after which the buildings will be ready for student occupancy.
Increasing Demand for Student Housing in Padua
✅ Rising Student Population – The University of Padua enrolls over 60,000 students, including around 15,000 non-resident and international students.
✅ Rising Rental Prices – Over the past five years, rental prices in Padua have increased by 30–40%:
- Studio apartments (30 m²) – €650 to €850 per month.
- Single room in a shared apartment – €350 to €500 per month.
- Apartments near the university – 10–15% more expensive than in other areas.
✅ Limited Availability of Modern Student Housing – The city has a shortage of private and public dormitories, forcing students to seek accommodation in the open rental market, where prices continue to rise.
Project Benefits for Students
🏠 Affordable Pricing – Finint Investments has stated that rental costs in the new student housing will be 15–20% lower than market rates.
🔧 Modern Facilities – The buildings will include:
- Spacious rooms with modern furnishings.
- Study and lounge areas.
- A fitness center and communal spaces.
- On-site cafés and shops.
♻ Sustainability – The project incorporates energy-efficient materials and technologies, reducing operational costs.
🔑 Flexible Lease Options – Students will have both short- and long-term rental options, which is particularly convenient for international students.
Impact on the Padua Real Estate Market
📌 Reduced Rental Price Pressure – The introduction of new student apartments will help ease the housing shortage and slow rental price growth.
📌 Increased Investment in the Rental Market – The success of this project may attract further investments, leading to continued development in the student housing sector.
📌 Urban Infrastructure Development – Improved student living conditions contribute to the overall development of the city and its attractiveness for new residents and investors.
Conclusion
📌 Finint Investments has acquired two buildings in Padua, aiming to redevelop them into modern student housing, addressing the city’s housing shortage.
📌 The total investment is estimated at €12–15 million, with completion expected within 18–24 months.
📌 The new residences will provide students with comfortable and affordable accommodation, benefiting both the student population and the local real estate market.
This project marks a significant step forward in expanding student housing in Padua, supporting educational accessibility, and enhancing student living conditions. 🏡📚
