Coliving: The Innovative Option for Young Adults and Professionals

Coliving in Spain is currently experiencing significant growth. A recent study by CBRE projects that by 2025, the number of beds available in coliving will reach 20,000, more than double the 8,000 registered in 2023. This housing model, which combines private spaces with common areas, is gaining ground in the face of the housing crisis and the difficulty of finding affordable rentals in the country’s major cities.

Currently, 75% of coliving spaces are located in Madrid and Barcelona, although other cities like Valencia, Malaga, and Vizcaya are starting to attract new projects. Robin Decaux, CEO of Equito, highlights that this trend emerges as a response to the need for housing alternatives in a context of rising prices. “Coliving is establishing itself as a viable solution for almost all audiences,” says Decaux.

Compared to countries where the model is more established, such as the United States, coliving in Spain is particularly popular among young professionals seeking flexibility. For those who still cannot access a full housing unit, coliving is seen as an ideal option, offering a more adaptable rental regime that includes services.

Prices for this type of accommodation vary considerably, ranging between 300 and 700 euros per month, depending on the location and services. This option is positioned as a favorable alternative compared to traditional renting by offering an “all-inclusive” package, which simplifies the lives of its tenants. Additionally, it promotes social interaction, something essential in urban environments where loneliness can be a problem.

However, Decaux warns that, despite the advantages, coliving faces significant challenges. It is crucial to meet the expectations of tenants, who demand quality and affordable spaces, requiring constant development of new offers to meet the growing demand. He also emphasizes that professional management is crucial to prevent conflicts and ensure proper maintenance of the facilities.

Despite its growth, coliving is not a universal solution. It is better suited for certain profiles seeking flexibility and community living, while those looking for long-term stability or greater privacy may not find this model to meet their housing needs. In summary, coliving is emerging as a growing phenomenon in Spain, with the potential to transform the conception and experience of urban life in a context of continuous change in the housing market.

Source: MiMub in Spanish

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