Honest answer: it might be, and it might not be — it depends on the entry price, the market and your investment thesis. The facts on the table:
- Pros. Supply is still tight in the short term (the stock is growing slowly and new authorisations take years to be granted), demand for platforms is rising, and the index is rising by around +4/+5 per cent year-on-year in the main markets (VTC360 series, July 2026). When let, the asset generates monthly rental income whilst appreciating in value.
- Cons. Real regulatory risk that varies by region: markets subject to legal challenges, changing urban planning regulations — and, above all, scarcity is no longer a guaranteed factor: the CJEU (2023) and the Supreme Court (2024) overturned the automatic application of the 1/30 ratio, so the long-term trend points towards more supply. This sustains market activity, but may temper the value derived from scarcity.
- Neither a fixed-income investment nor a get-rich-quick scheme. It is an operational-regulatory asset: you buy it based on data, manage or let it effectively, and sell it with certification.
Our stance is uncomfortable but simple: don’t buy the thesis, buy the numbers. Provincial index with sample data, verified history of the specific licence, regulatory status with source and date, and a price that stands up to that scrutiny. All of this is published: index, regulatory map and current listings.
→ Full guide: Investing in VTC licences: the non-driver's guide
LAST REVIEWED · Jul 19, 2026 — VTC360 guide: general criteria, not advice for your specific case.