Coliving

COLIVING

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Coliving was born out of the coworking concept. First, coworking is about sharing workspaces, and now, coliving is about sharing housing.

How?

Coliving is the new concept that has revolutionised the sector. These are house-hotel-coworking spaces with different premium suites. Fully equipped, designed to welcome any tenant, especially students and executives for medium to long stays.

The collaborative economy, the interaction of people who work together in pursuit of a common benefit, each contributing their resources, their capital or even their enthusiasm, has long ceased to be seen as a passing fad. The use of the Internet, which makes it possible to be in contact with people on the other side of the world, has been one of the key and determining factors.

According to a Juniper Research study published in July last year, this new economic model is expected to generate an industry worth more than $40 billion by 2022.

If we talk about Co-livers are  young people linked to new technologies, freelancers, creatives, entrepreneurs... Their purpose in sharing housing is not just to have a space they can afford, but to create a inspiring and participatory community.

This new way of life, in which everyone helps everyone else to grow intellectually and professionally, includes sporting, artistic and cultural activities.

How does it relate to the digital nomadism (+)?

This concept is also related to the concept of digital nomadism. This is a type of professional who has consolidated their presence thanks to the technological revolution. They are workers who use IT tools to carry out their tasks, so they can afford to work from anywhere in the world. Thus, travelling and an unbound lifestyle are some of the ideas linked to this. The professional can carry out his or her more adventurous side and living in different coliving residences on a temporary basis.

Coliving is a form of shared housing that has become an increasingly popular alternative for young professionals and digital nomads. It is a a form of cohabitation in which several people, usually with similar interests and lifestyles, share a common living space, including areas such as the kitchen, dining room, living room and sometimes even the bedroom. Coliving is often seen as a more flexible and economical way of living compared to traditional flat or house rentals, and can also offer residents a community and social environment that allows them to develop personally and professionally.

Colivings usually offer services such as furnished accommodation, internet connection, utilities and common expenses included in the price, laundry and cleaning services, and often also offer additional services such as yoga classes, workshops and social events. In addition, coliving can also be beneficial for entrepreneurs and business people, as it offers the possibility to create a community of professionals and collaborate on joint projects. Some colivings even have work areas and coworking spaces to facilitate remote working and professional collaboration.

In short, coliving is a form of cohousing in which several people share a common living space and can enjoy a community and social environment. It offers a more flexible and cost-effective alternative to traditional rentals, and can be especially beneficial for young professionals and digital nomads, as well as entrepreneurs and business people looking to create a community of professional collaboration.

Advantages of coliving for entrepreneurs

Colivings offer several advantages for entrepreneurs and business people, some of them are:

  • Cost reduction: colivings usually offer cheaper rents than traditional flats or houses, which allows entrepreneurs to save money on accommodation costs and allocate more resources to their business.
  • Community and networking: colivings are usually inhabited by people with similar interests and lifestyles, which allows entrepreneurs to establish relationships with people who share their goals and needs. In addition, some colivings offer work areas and coworking spaces, allowing entrepreneurs to work in a productive environment and collaborate on joint projects.
  • Flexibility: colivings tend to offer more flexible rental contracts than traditional flats or houses, allowing entrepreneurs to adapt their accommodation to their needs and time.
  • Services included: colivings usually include services such as internet, utilities and common expenses in the rental price, which allows entrepreneurs to have a more precise control of their expenses and dedicate more time to their business.
  • Lifestyle: colivings often offer a social and active living environment, which can be beneficial for entrepreneurs seeking a balanced lifestyle between work and personal life.

In short, colivings can be an excellent option for entrepreneurs looking to reduce their accommodation costs, establish relationships with people who share their interests and needs, work in a productive and collaborative environment, and have a social and active lifestyle.

How to search and select a coliving?

Below are some tips on how to search for and select a coliving:

  • Define your needs: Before you start looking for coliving, it is important to be clear about what you need in terms of space, location, amenities, and community. For example, if you need a workspace, make sure to look for a coliving that offers work areas or coworking spaces.
  • Research: use the internet to search for collivings in the areas you are interested in. Look for reviews from other users on social networks, forums and on the colivings' websites.
  • Visit several collivings: It is advisable to visit several collivings before making a decision. This way you can compare facilities, services, prices and the community they offer.
  • Get to know the other residents: It is important to get to know the other residents of the coliving to make sure that you share common interests and goals. In addition, it is important to know the rules of the coliving to make sure they are suitable for you.
  • Check the services included: make sure that the coliving offers the services you need, such as internet connection, utilities, common expenses and additional services such as cleaning or laundry.
  • Review the rental contract: Before signing a rental contract, it is important to review it carefully and make sure you understand all the conditions, including the rental period, the rent, the services included, the rules of cohabitation and the cancellation clauses.

In a nutshell, searching for and selecting a coliving involves defining your needs, researching, visiting several colivings, meeting the other residents, checking the services included and reviewing the rental contract. By following these tips, you will be able to find a coliving that suits your needs and allows you to enjoy a community and social environment while working on your business.

Tips for negotiating coliving fees:

  • Research prices: Before you start negotiating, it is important that you research the prices of the collivings in the area where you are interested in staying. This will give you an idea of average prices and allow you to compare and negotiate effectively.
  • Identify your needs: it is important that you are clear about what you need in terms of space, services and community. By identifying your needs, you will be able to negotiate more effectively and ensure that you get what you need at a fair price.
  • Offer a long-term contract: Some colivings offer discounts to residents who stay for longer periods of time. If you plan to stay in the coliving for several months or even years, you could offer to sign a long-term contract in exchange for a discounted rent.
  • Negotiate the price of additional services: some colivings offer additional services, such as cleaning or laundry, which are not included in the rental price. If you need any of these services, you may be able to negotiate the price of these services to get a discount on the final price.
  • Be flexible: If the coliving is not willing to negotiate the rental price, you might consider being flexible about the location or size of the space. You may be able to find a cheaper option in a nearby coliving or smaller space.

In short, negotiating coliving fees involves researching prices, identifying your needs, offering a long-term contract, negotiating the price of additional services and being flexible. By following these tips, you will be able to get a fair price that is tailored to your needs.

Differences between a coliving and a coworking space

Although coliving and coworking have some similarities, there are some notable differences between the two:

  • Accommodation vs. work: Coliving focuses primarily on providing accommodation for residents, while coworking focuses on providing a workspace.
  • Community vs. Networking: Coliving focuses on creating a community of residents who live together and share common spaces, while coworking focuses on providing a shared workspace where professionals can network and collaborate.
  • Flexibility vs. stability: Coliving often offers more flexible accommodation options, such as short-term rentals or shared rooms. Coworking, on the other hand, tends to offer more stable working options, such as long-term rentals of private or shared workspaces.
  • Services: The services offered in coliving usually include accommodation, cleaning services, laundry and meals. On the other hand, services offered in a coworking facility typically include internet connection, printing services, meeting rooms and coworking spaces.

In a nutshell, coliving focuses primarily on providing accommodation for residents and creating a community, while coworking focuses on providing a shared workspace and promoting networking and professional collaboration.

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CASE STUDY OF AN ENTREPRENEUR LOOKING FOR AND SELECTING A COLIVING

Maria is an entrepreneur who has just started her business in a new city. Because she has no friends or family in the city, she finds it difficult to find a place to stay while setting up her business. Maria hears about colivings and decides that it might be a good option for her.

  • Research: Maria starts researching collivings in the city through the internet and social media. She makes sure that the location is suitable for her work and that the price fits her budget.
  • Visit of the collivings: Maria decides to visit several colivings to see the facilities and meet the people who live there. At each place, she makes sure to talk to the staff and residents to get a clear picture of what it is like to live there.
  • Identification of their needs: Maria identifies her needs and preferences in terms of privacy, space and community services. She decides that she prefers to have her own private room and access to a coworking space. She also wants a coliving that offers cleaning and laundry services.
  • Selection of the coliving: After visiting several colivings, Maria selects one that meets all her needs. The coliving is centrally located in the city, has a private room and access to a coworking space. In addition, the coliving offers cleaning and laundry services, allowing her to focus on her work.
  • Negotiation of tariffs: Maria decides to negotiate the rental price as she is interested in staying at the coliving for several months. She offers to sign a long-term contract in exchange for a discount on the rent, which is accepted by the coliving.
  • Enjoy the coliving: Maria moves to coliving and begins to enjoy the advantages of living in a community environment with people with the same interests and goals as her. She feels comfortable and safe in her new home while working on her business.

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Picture of Jaime Cavero

Jaime Cavero

Presidente de la Aceleradora mentorDay. Inversor en startups e impulsor de nuevas empresas a través de Dyrecto, DreaperB1 y mentorDay.
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