Insights > Deals
SmartRental and RC Celta team up for Celta360's 400‑bed residence
10 September 2026 | Management agreement | Spain | 400 beds | Development
SmartRental Group will operate the student residence and co‑living element of Celta360, RC Celta's mixed‑use sports and education campus outside Vigo, under its Lemonade brand.
Key details
Asset type | Development |
Location | Vigo, Spain |
Capacity | 400 beds |
Developer | Real Club Celta de Vigo |
Operator | SmartRental Group |
Value | Undisclosed |
Source: ElConfidencial
The residential element includes an 8,650 sq m residence planned for 400 beds and 1,950 sq m of co‑living space. It will serve young athletes and students joining RC Celta's academy and international education programmes.
The wider Celta360 campus is already under construction, although the residence is scheduled for a later phase after the first education and club buildings open in 2027. SmartRental will apply the Lemonade model it launched in Santiago de Compostela, where its first student residence is already operating.
Strategic context
For SmartRental, the mandate extends Lemonade into a second Galician market and adds a destination‑led scheme combining education, sport and accommodation.
RC Celta secures a specialist operator before delivery of the residential phase, allowing the product to be shaped around future users and operating requirements. The agreement also provides a route to accommodate international academy participants within the club's campus ecosystem.
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