A £1m upgrade of the student village at Storthes Hall Park finishes this month.
Property investment company Ubrique Services Ltd bought the village from Huddersfield University last year.
Ubrique, part of Israel-based Worldwide Property Investments Ltd, plans to spend £7m on the site to turn it into a `Club Med' style accommodation site.
Operations manager Shay Meshulam said a lot of work had been done in the last year to upgrade the facilities.
The main aim was to provide something that was better than the average student facilities, he said.
"Our concept of accommodation is basically a self-contained village with all the services that students would need - a sort of a Club Med for students," he said.
"We were looking for a flagship site for quite a long time that matched all those expectations and we found Storthes Hall.
"We provide all the services associated with accommodation and the university provides all the academic facilities."
The company, which also owns Ashenhurst student accommodation in Newsome, is the biggest provider of student accommodation in Huddersfield.
It houses 10% of the town's student population - just over 1,700.
"Since we bought the site last year we have upgraded all the main features and have built a new gym, which is also open to the public. Membership costs just £130 a year.
"There is also a new launderette and the general store is going to be relocated. It will be four times bigger than the current shop.
"We have another retail area which we have yet to fill. It could be anything from a stationery shop to a beauty salon or video shop," he said.
There are also two bars on the site, a TV lounge and an entertainment centre.
"We have a range of entertainment including live music, comedians, magicians and hypnotists and we had a film night on the big screen."
A restaurant selling a range of food including Mexican, Indian and Italian dishes is expected to open shortly.
The security system includes CCTV coverage, 24-hour security offices and a 24-hour telephone emergency line.
But when the students are not at the site the village is available to hire for conferences of private parties.
"We came here with the purpose of investing £7m over the next few years and we have invested £1m so far.
"We have big plans," he said.