Why don’t you try Coliving?

Coliving refers to a modern housing arrangement where individuals rent private bedrooms within a shared living space. It is a breach in our traditional way of life that appeared in the United States in the 2000’s.

Co-living are homes that combine both private and shared spaces. The private spaces consist of a bedroom, a small kitchen, a bathroom and the shared spaces include a living room, a library, a terrace and sometimes a coworking space or a gym. Today other services are often offered to occupants such as cleaning, laundry, sports classes, swimming pool, sauna or even a Netflix subscription and concierge service.

Coliving is a way of life that relies on building social ties and that offers a less expensive solution than traditional housing, which is why it recently has gained popularity among young professionals, students, and digital nomads.

Rising urbanization, increasing housing costs, changing lifestyle preferences, and the growing number of young professionals and students in cities are all contributing to the demand for co-living options. Additionally, the rise of remote work and the gig economy have also played a role in the popularity of co-living, as it provides flexibility and a ready-made community.

But potential for co-living can vary significantly across regions and cities, as it depends on factors such as local housing markets, population density, and cultural acceptance of shared living arrangements. In some cities with high housing costs or limited rental options, the co-living market has experienced significant growth.

Indeed, according to a report by Cushman & Wakefield, the global co-living market was estimated to be worth around $6 billion in 2019 and was projected to reach $13 billion by 2025.

And this increase is not ready to stop because co-living is very profitable for investors. The better optimization of the m² thanks to the mutualization of the common spaces offers a very interesting profitability.

Coliving is an evolution which sticks to our society movements, students who are more and more numerous and older, a phenomenon of decohabitation which is growing, the number of people living alone which is always increasing.

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