The wellness real estate market will grow by 15% annually until 2030. Buyers will spend over a trillion dollars annually on homes in projects that include dedicated wellness spaces.
According to experts surveyed by Forbes Australia, post-COVID-19, homeowners are increasingly investing in health and wellness spaces, both inside and outside the home.
The wellness real estate market is currently worth approximately $900 million and is expected to exceed $1.1 billion by 2029.
Until recently, this term usually referred to projects that included fitness centers, pools, gyms and other health-related infrastructure. Luxury projects are now also using systems for purified air and filtered water, as well as circadian lighting, which changes its intensity throughout the day to match a person’s natural rhythms.
In the near future, this concept will expand even further. Consumers will demand homes that “sync with the body,” with spaces that track biometric data, adapt lighting and temperature based on sleep cycles, and offer built-in tools to optimize health.
Tim Gurner, CEO and founder of Gurner Group, which specializes in such projects, says: “Our customers, more than ever, prioritize health and longevity. They want to not only live longer, but also live more fulfilling and fulfilling lives. Consequently, their purchasing preferences certainly reflect this shift. It is no longer enough to have a large, state-of-the-art gym or sauna.
Detailed statistics on average property prices in Bulgaria by city and neighborhood can be found at imot.bg