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Recently, I had the opportunity to discuss the evolving concept of coliving on the French podcast “Being Useful” by SudRadio. This platform allowed me to delve into the benefits of shared living, and why coliving is a practical and innovative solution in today’s modern society. 

 

What is Shared Living? 

The Benefits of Shared Living - Why is Coliving Useful?

Generally speaking, shared living is an innovative approach to housing that redefines the traditional concept of a home. It involves individuals living together in a shared space, where they not only share the physical space but also experiences, resources, and often values. 

There are many different types of shared living. Coliving has become one of the most popular in recent years. In coliving spaces, residents have access to areas like common kitchens, lounges, cinema rooms and coworking spaces. These spaces facilitate a blend of private and communal living. It’s a concept that taps into the sharing economy, aiming to make housing more affordable and socially enriching.

 

The Benefits of Shared Living 

The Benefits of Shared Living - Why is Coliving Useful?

During the pandemic, confined largely to my home, the benefits of shared living became abundantly clear to me. I envisioned what I desired in a future living space. This included a dedicated area for remote work, an outdoor area for gardening and fresh air, a gym for exercise, and a well-equipped kitchen for cooking. In a city like Paris, where real estate is incredibly costly, owning such amenities individually is nearly unfeasible.

Shared Resources for Collective Value

Coliving offers a sustainable solution by offering shared high-quality spaces. You have access to spaces like fitness centers, coworking areas, movie theaters, and rooftop terraces, all while still having your own private room, studio or apartment. Coliving makes luxury living accessible and affordable. It provides far more amenities and space than available in a traditional rental for the same cost. 

Redefining Housing and Space Utilization

Coliving is not just about sharing space; it’s about rethinking our relationship with private and communal areas. It’s the application of the sharing economy to residential living. In coliving spaces, every square meter is optimized for maximum utility. Areas typically underutilized in conventional buildings, like basements and attics, are transformed into vibrant common areas, games rooms, or gyms. This approach redistributes the value of space, creating communal areas for maximum value and enjoyment. 

Enhancing the Rental Experience

The traditional rental process in large cities can be daunting and impersonal. Coliving simplifies this with a paperless, efficient booking system. At Urban Campus, our platform facilitates everything from safe payments to community event subscriptions, offering a transparent and seamless living experience. This convenience is a primary reason why individuals opt for coliving.

Not to mention, all of our Urban Campus coliving spaces come completely equipped and furnished. Our units are move-in ready from the first day of your booking, right down to forks, knives and spoons. Plus, additional services like utilities, cleaning, wifi, laundry, and Netflix are all included in the price of your monthly rent, making the coliving experience even more convenient. 

Combating Loneliness and Fostering Community

In major cities, loneliness is an increasing concern, with many households comprising single individuals or childless couples. Coliving addresses this issue by designing spaces that promote interaction and human connection, countering the isolation typically found in big cities. 

Our Urban Campus coliving spaces have demonstrated the profound benefits of shared living, from inspiring new friendships to sparking entrepreneurial ventures. The emphasis on community building, mutual support, and personal growth creates a living environment where over 95% of our residents have reported feeling happier and less lonely.

Ultimately, coliving is about re-learning to live together, embracing the African proverb, “If you want to go fast, go alone, if you want to go far, go together.” It’s a journey towards a more connected, fulfilling, and sustainable way of living.

Explore more about Urban Campus coliving spaces: 

Are you curious about the benefits of coliving? 

In today’s fast-paced and interconnected world, the way we live and work is transforming. Enter coliving – a concept that redefines traditional living arrangements, offering a blend of community, convenience, and flexibility. Let’s explore the benefits of coliving and how it can enhance living experiences. 

 

What is Coliving?

The Benefits of Coliving: A New Era in Urban Living

Coliving is a modern form of communal living that goes beyond the mere shared housing. It’s an urban-centric accommodation solution, ideal for people new to a city, seeking an easy housing option, or looking for meaningful community. 

Coliving spaces are typically fully-furnished and integrate extensive common areas like coworking spaces, terraces, and gyms, promoting a blend of privacy and community living. Plus, they offer intetional communities of like-minded people.

 

Brief History of Coliving

The Benefits of Coliving: A New Era in Urban Living

The concept of coliving, akin to ‘coworking’, originated in Silicon Valley, a hub for young professionals and entrepreneurs. It evolved as a response to the unaffordable housing options in bustling urban centers. Initially, it was seen as a university residence for working professionals, but it has since expanded globally, adapting to diverse urban needs and lifestyles. Now, the benefits of coliving for a variety of different demographics are widely recognized. 

 

Key Benefits of Coliving

The Benefits of Coliving: A New Era in Urban Living

  • Combatting Isolation: Coliving offers an environment where residents can connect with like-minded individuals, reducing feelings of loneliness and enhancing social interactions.
  • All-Inclusive Living: Coliving spaces often include all essentials like utilities, Wi-Fi, and furniture, simplifying living arrangements and reducing the hassle of managing separate bills.
  • Flexible and Affordable Housing: Coliving provides a cost-effective solution for housing in expensive urban areas, with flexible contracts and a range of accommodation options.
  • Community and Networking: Coliving spaces foster a sense of community, encouraging collaboration, professional networking, and social activities among residents.
  • Innovative Living Spaces: Modern coliving spaces are designed with a focus on fostering social interaction and providing comfortable, functional living areas. Most colivings include common spaces like coworking areas, shared kitchens, cinema rooms, living rooms, patios, terraces and more. These can be especially useful for digital nomads or people who work remotely. 

 

Coliving with Urban Campus

The Benefits of Coliving: A New Era in Urban Living

Urban Campus is leading the way in the coliving movement, providing premium living spaces in pivotal urban areas. At the heart of Urban Campus is a commitment to fostering a supportive community. We strive to create environments where residents feel a sense of belonging and happiness, reducing overall feelings of loneliness. 

Urban Campus coliving spaces are vibrant hubs, hosting a variety of social events each month to strengthen community bonds and friendships. Our spaces are a unique melting pot, blending locals with individuals from around the globe. We cater specifically to young professionals, which has translated into a highly entrepreneurial and creative communities. 

Additionally, there are a variety of communal areas and private living spaces to enjoy. Each of our coliving spaces offers a range of private rooms and studios to choose from. You’ll also find our signature common zones in all Urban Campus coliving spaces, which typically include: 

Above all, Urban Campus offers flexibility and ease. We only require a 30-day notice for lease cancellations, providing residents with the freedom to adapt as their needs change. All of our spaces come fully furnished and equipped. Plus, the booking and application process is streamlined and completed entirely online.

Check out our dynamic coliving spaces here. 

Coliving vs Cohousing – what’s the difference? 

Coliving and Cohousing are two contemporary living arrangements that are often confused, but they cater to different lifestyles and preferences. Both modern concepts present unique approaches to communal living. Understanding the differences between coliving vs cohousing can help you in making an informed decision about which type of community living best suits your lifestyle.

 

Coliving: A Community-Oriented Urban Lifestyle

Coliving vs Cohousing: What's the difference?

Coliving provides an urban-centric accommodation solution, ideal for newcomers to a city or those seeking an easy housing option. It simplifies the process of finding a place to live, especially in urban environments. Coliving spaces typically offer fully-furnished private rooms or studios, along with extensive common areas such as coworking spaces, terraces, and gyms.

Booking and Convenience

The booking process in coliving is usually streamlined and online, making it efficient and transparent. This contrasts traditional leasing, which often involves cumbersome paperwork and high deposits. Coliving also mitigates issues like acquiring furniture or dealing with fluctuating utility costs. This makes the move in process seamless and easy. 

Designed for Interaction and Convenience

Coliving spaces are architecturally designed to encourage interaction among residents. They provide well-thought-out shared spaces, fostering a sense of community. Residents enjoy the privacy of their own rooms, often with private bathrooms, while also having access to communal living rooms, gyms, and workspaces.

Integrated Services

Colivings often include additional services like weekly professional cleaning, laundry and various perks and discounts. This approach aims to reduce the hassle of daily chores, enabling residents to remain stress-free and focus on their personal and professional lives. It also improves affordability as all services are often combined into one single bill. 

Intentional Community Building

A significant aspect of coliving is the emphasis on community. Often, the selection of residents is based on complementary profiles to facilitate a harmonious living environment. This creates opportunities for social interaction, professional networking, and cultural exchange. Coliving typically targets younger demographics, often including young professionals. 

Length of Stay & Flexibility

In coliving spaces, the concept of flexibility is deeply ingrained, especially concerning the length of stay. Unlike traditional leases, coliving contracts may span from a few weeks to several months, or even more than a year. This all depends on the provider’s policies and the tenant’s requirements. This flexible nature allows tenants to adjust their living situations without the long-term commitment often demanded by conventional landlords. 

At Urban Campus, we embrace a highly flexible policy concerning length of stay. For lease terminations, we only require a 30-day notice period.

 

Cohousing: A Collaborative Approach to Shared Living

Coliving vs Cohousing: What's the difference?

Cohousing, on the other hand, leans towards a more suburban or rural setting. It typically consists of privately-owned housing units clustered around shared spaces. Residents often self-organize and manage cohousing communities, collaboratively planning and running the community.

Shared Spaces and Mutual Responsibility

Cohousing communities feature common facilities like kitchens, dining areas, and recreational spaces. These shared resources foster a strong sense of community. Residents participate in the management and maintenance of these amenities, promoting a collaborative environment.

Privacy with Community Engagement

While offering private living spaces, cohousing encourages community interactions through shared meals, activities, and decision-making processes. It combines personal privacy with collective living, making it suitable for families and individuals who value community involvement in addition to having their own private space.  

Sustainable and Inclusive

Cohousing often focuses on sustainability, with shared resources reducing individual consumption. Communities are inclusive and diverse, welcoming people from various backgrounds and fostering a supportive environment.

 

Differences between Coliving vs Cohousing

Coliving vs Cohousing: What's the difference?

Here are some of the key differences between coliving vs cohousing.

  • Location and Structure: Coliving is more prevalent in urban areas with fully furnished spaces, while cohousing is often found in suburban or rural areas with individual housing units. Both emphasize high property quality. 
  • Management: Coliving is typically managed by a company, offering services like cleaning and maintenance, whereas cohousing is self-managed by residents.
  • Community Involvement: Cohousing requires more democratic participation in community life, while coliving provides a ready-made community with less formal obligation and more freedom.
  • Privacy and Sharing: Coliving offers more privacy in living quarters with shared amenities, while cohousing balances private homes with communal responsibilities.

 

Coliving at Urban Campus

Coliving vs Cohousing: What's the difference?

Urban Campus, established in 2016, specializes in crafting exceptional coliving environments in France and Spain, tailored for the modern young professional. Here’s an overview of what sets our spaces apart:

  • Adaptable Lease Terms: Our leasing policy is designed with your convenience in mind, requiring just a 30-day notice for any lease modifications or terminations. This ensures maximum adaptability for our colivers.
  • Community for the Long Haul: Colivers typically stay with us for 12 months, allowing for the nurturing of deep, enduring connections and friendships within our community.
  • Convenience: Living at Urban Campus is a stress-free experience. All of our private and shared spaces come fully-furnished and equipped. Additionally, all of your essentials are included in the cost of rent: utilities, Wi-Fi, cleaning services, laundry and more. This means one consolidated monthly payment covers all your living needs. 
  • Easy Application: Experience the ease of our digital-first approach with a straightforward and smooth online application process.
  • Engaging Community Life: We pride ourselves on fostering a lively community atmosphere, enriched by a variety of monthly events. These events include everything from language exchanges and craft beer tastings to competitive sports tournaments, all contributing to an energetic and united community spirit.

Explore our dynamic coliving spaces here.

In France, navigating the intricacies of lease termination, or “résiliation de bail,” can be a bit complex. This process requires a thorough understanding of rental contracts, whether for furnished or unfurnished accommodations. The rules and notice periods for terminating a lease vary based on the type of rental, making it imperative for tenants to be well-informed and proactive. 

Our comprehensive guide will walk you through important things to know about the résiliation de bail, as well as how to write a lease termination letter (lettre de résiliation de bail). 

 

Résiliation de bail notice period

Résiliation de bail in France - everything you need to know 3

When entering into a rental agreement in France, it is essential for tenants to understand the specific notice periods required for terminating their lease. These notice periods can vary significantly depending on whether the rental is furnished or unfurnished. Being aware of these differences and the legal requirements is crucial for tenants to ensure compliance and avoid potential disputes.

Furnished rentals

Furnished housing rentals typically have shorter notice periods compared to their unfurnished counterparts. Under French Law No. 89-462 of July 6, 1989, Article 15, tenants are permitted to terminate their lease with a one-month notice period.

Unfurnished rentals

In contrast, unfurnished housing generally requires a longer notice period. Tenants are expected to provide a minimum of three months’ notice prior to lease termination. This period can be subject to variation based on local legislation, so it is important to conduct research on the housing and rental policies in your specific area. 

There are certain special circumstances that may make you eligible to terminate an unfurnished lease with only one month’s notice. These special cases often include job relocation, unemployment, or health issues supported by a medical certificate. These special terms and conditions are crucial elements to carefully examine and advocate for when signing any lease agreement.

 

Can I terminate a rental lease early?

Résiliation de bail in France - everything you need to know 2

There are certain exceptions that allow tenants to terminate their rental lease early. These include:

  • Breach of Contract: Tenants may be entitled to leave without notice if the landlord fails to fulfill contractual obligations, such as necessary repairs.
  • Non-Compliance with Delivery Obligation: If the housing does not align with the rental contract’s terms, tenants can terminate the lease without notice. This constitutes the delay, partial delivery or complete failure to deliver the contracted goods or services. 
  • Danger to Safety: In cases of immediate or impending danger to the tenant’s safety, immediate departure without notice is permissible.

However, leaving a property without notice can result in legal ramifications, especially if the departure is unjustified or non-compliant with contractual obligations. Tenants may be liable for rent and charges until the end of the notice period and could face additional compensation claims from the landlord.

 

Résiliation de bail: official departure date

The official date when your tenancy ends is set based on when your landlord gets your notice to terminate the lease. This received date is essential for figuring out how long the notice period is. For instance, if your lease requires you to give a one-month notice before leaving, this one-month countdown starts from the day your landlord receives your termination letter, not when you send it.

 

How to write a lettre de résiliation de bail 

Résiliation de bail in France - everything you need to know

To terminate a lease, tenants need to write a formal notice letter. This letter should include essential details such as contact information, the housing address, desired departure date, and the notice period. It is advised to send this letter via a formal mail service, and to keep a receipt from the postal service to document your communication trail. 

To effectively write a termination letter, consider the following.

  • Clarity and Respect: Ensure the letter is clear, concise, and respectful throughout.
  • Initial Statement: Begin with a direct statement of termination, indicating your decision to terminate the lease. 
  • Reasons for Termination: Clearly articulate the reasons for termination, helping the landlord understand the basis of the decision.
  • Details of Termination: Specify the termination date, outline final pay details and list any furnishings to be returned. Provide information on the continuation of contact, if relevant.
  • Tone of the Letter: Maintain a respectful tone, allowing space for them to respond or inquire further.
  • Purpose of the Letter: The letter should aim to communicate essential information and aid in preserving a professional termination process.

This format ensures that the termination letter is both informative and considerate, addressing all necessary aspects in a structured manner.

Next steps after giving your notice

After sending your lease termination letter, proceed with the following: 

  • Respect the deadlines set in the rental contract.
  • Keep a copy of your notice letter, and proof of when you sent it.
  • Terminate any contracts or subscriptions related to the rental.
  • Conduct a walkthrough with the landlord or agent.
  • Await the refund of the security deposit. According to Law No. 89-462 of July 6, 1989, Article 22, security deposits should be returned 1-2 months after key handover.

 

Lease Terminations at Urban Campus

Résiliation de bail in France - everything you need to know 1

At Urban Campus, we prioritize tenant convenience and flexibility, understanding that life’s circumstances can change rapidly.

Our lease termination policies are designed with this in mind, offering a blend of stability and adaptability to suit various needs. While conditions may differ depending on the housing type and other specific factors, we generally ask for a 30-day notice period. 

Moreover, we recognize that every tenant’s situation is unique. That’s why we encourage direct communication for personalized advice or information. By reaching out to Urban Campus, tenants can receive tailored guidance that aligns with their individual circumstances. This level of care and attention to detail reflects our commitment to not just being a housing provider, but a supportive community that values and adapts to the dynamic lifestyles of our colivers.

 

Photo Credits: 

  • Cover Photo: Canva Free Media License

The concept of Build to Rent (BTR) real estate is reshaping the traditional housing model. Build to Rent focuses on creating properties for renting rather than individual ownership. This shift in the real estate market is quickly gaining traction worldwide, with growing interest from European investors and developers. 

 

What is Build to Rent real estate?

Build to Rent: What is it and how does it work?

Quite simply, Build to Rent focuses on creating properties designed for renting, rather than selling to individual owners. It is a modern real estate development approach that is growing in popularity. The model has gained significant momentum particularly in the face of escalating housing prices and the challenge of homeownership. 

Build to Rent real estate has several key features that set it apart from traditional housing models. Typically, a single entity owns a BTR community or building, usually an institutional investor or a real estate company. Professional property management is also a cornerstone of the BTR approach, which translates into consistent maintenance, services, and amenities for residents.

BTR properties often have a range of community spaces such as gyms and communal spaces. These features enhance the overall quality of life for tenants and make these properties more attractive to potential renters. Lastly, the Build to Rent model adopts a long-term investment perspective. It focuses on generating consistent rental income over time rather than pursuing quick profits through property flipping. 

 

Why is Build to Rent a growing trend? 

Build to Rent: What is it and how does it work? 5

Build to Rent real estate has surged in popularity due to a variety of economic and societal factors. Firstly, the steep rise in home prices has made buying a home increasingly difficult. This has particularly affected younger generations.

Renting also provides greater flexibility, which is increasingly appealing in our rapidly changing world. This flexibility allows individuals to adapt to evolving job opportunities and lifestyle choices without the commitments and financial burdens of homeownership.

Build to Rent communities and amenity-rich environments also align with modern lifestyle preferences, making it an attractive housing option. More so, urbanization has intensified the demand for rental properties in city centers, further fueling the growth of BTR communities.

 

Build to Rent in Spain 

Wifi, cleaning & utilities included...plus so much more! 2

The surge of Build to Rent properties in Spain is closely related to the circumstances of younger generations. Many young people prefer access to rented flats over the challenges of buying their own home. However, these preferences are also extending to families who are grappling with the high prices of the housing market in Spain.

Major Spanish cities like Madrid, Barcelona, and Valencia have emerged as hotspots for BTR development, drawing significant investor interest. The current scarcity of available rental housing in the Spain is further fueling the growth of BTR.

 

Build to Rent in France 

Build to Rent: What is it and how does it work? 1

In France, the Build to Rent real estate sector is also experiencing notable growth. The BTR market in France is more niche than in Spain, however it is garnering more attention and investment every year.

The BTR sector in France attracted approximately €7.5 billion in investments from 2017 to 2022. There is a burgeoning interest in fortifying the French construction sector, which has contributed to the surge in BTR development. This trend reflects an evolving real estate landscape in France, as developers and investors recognize the potential in purposeful rental properties. As in Spain, this BTR growth also aligns with the fluctuating housing supply and changing personal preferences of the French population.

 

Invest in Build to Rent 

Build to Rent: What is it and how does it work? 3

In terms of real estate investing, lower vacancy rates are a key benefit of BTR real estate. BTR properties are thoughtfully designed to cater to a diverse tenant base, promoting longer tenant stays and higher retention rates. These long-term lease agreements provide not only financial stability but also increased predictability for investors.

Additionally, BTR investments typically offer investors reduced maintenance complexities. The modern construction of BTR properties minimizes the need for frequent repairs and replacements. This both lowers maintenance costs and also enhances tenant satisfaction. 

Overall, BTR investments align perfectly with the evolving demands of the growing rental markets, reflecting changing demographics and contemporary lifestyle choices. Properties cater to a range of tenants, from millennials postponing homeownership to young families seeking quality amenities. These diverse tenant profiles contribute to the appeal of BTR investments, with a broad tenant base enhancing overall investment stability.

 

Build to Rent vs. Coliving 

Build to Rent: What is it and how does it work? 7

Coliving focuses on shared housing models, where multiple individuals reside together in a single property. Coliving seeks to foster a sense of community and social interaction among its residents. While BTR emphasizes private living spaces, coliving promotes shared accommodations, encouraging residents to share not only common areas but also experiences. 

Coliving properties appeal more to a younger and more transient demographic seeking a social living environment. Generally, Build to Rent offers private, long-term rental homes with professional management, whereas coliving promotes shared living and community experiences in a more flexible and cost-effective manner.

 

Build to Rent & Urban Campus 

Build to Rent: What is it and how does it work?

Urban Campus has entered the dynamic realm of Build to Rent and is embarking on several exciting ventures. In collaboration with key investors, they are harnessing the full spectrum of advantages that Build to Rent offers.

Urban Campus in Saint-Louis

Urban Campus is partnering with Nexity to introduce a BTR venture in Saint-Louis. Saint-Louis is an economically dynamic region with a transitioning rental market. The future property will offer a “multi-family” rental concept, creating a budget-friendly community for local tenants. 

Urban Campus in Massy & Marseille

Primonial REIM has collaborated with Nexity to acquire two BTR buildings in Massy and Marseille. Urban Campus will work in partnership to design these BTR properties.

The properties feature environmentally conscious design, offering a total of 175 units with private and shared outdoor spaces. They will also provide furnished common areas, enhancing the modern, community-oriented living experience. 

In recent years, a new housing trend has been sweeping across big cities worldwide, offering a fresh approach to communal living. Known as coliving, this housing model has gained immense popularity for its innovative approach to shared living spaces. As this concept continues to grow and gain public attention, you might find yourself wondering…what is coliving? Well, we are here to help explain exactly that. 

 

What is coliving?

What is coliving and why is it so popular? 1

Technically speaking, coliving is a broad term that encompasses various communal living arrangements. Coliving involves sharing a living space with like-minded people of a similar age group, which in turn fosters a sense of community and connection. Professional hosts typically manage coliving spaces and facilitate the communal experience, unlike with traditional roommates. Here are some key characteristics of coliving:

  • Intentional Community: Communities are often formed with a specific purpose, uniting people who share similar values, interests, or lifestyles.
  • Flexible Design: Spaces are flexibly designed and fully furnished. Residents can move in without the hassle of setting up a home from scratch.
  • Multiple Roommates: There are typically five or more adult roommates who live together.
  • Flexible Leases: Most arrangements offer flexible lease terms, allowing residents to adapt their stay easily and according to their needs.
  • Convenient Perks: There are special amenities like cleaning services, making daily life more comfortable and convenient.

 

Different types of coliving

What is coliving and why is it so popular? 3

Informal (or “Traditional”) Shared Housing

This type of coliving involves a group of individuals who share a lease and furnish a home together. People can form these shared housing arrangements through personal networks, and with the help of platforms like Facebook and Instagram.

Adult Dorms

Similar to university dorms or hotels, adult dorms feature private rooms surrounded by common areas. A large number of residents share these common zones and communal spaces, and also share useful amenities. Spaces like these are typically built to house a large number of residents, around 100 or more. 

Co-ops

Cooperative housing involves residents who collaborate to manage the house they are living in, taking turns with tasks such as cleaning and cooking. Residents living in co-ops set their own rules and manage the space themselves. The number of residents can range from 15 to over 100. 

Co-housing

Co-housing communities consist of single-family homes within one large, common house. Residents share green spaces and often organize events, creating a close-knit community.

Coliving Trips

For a short term, activity-packed experience, coliving trips bring together entrepreneurs and digital nomads from diverse backgrounds in a new place.

Coliving Spaces & Buildings

Coliving spaces are specially designed environments where like-minded individuals of similar ages and values live together. These spaces often revolve around a sense of creativity and entrepreneurship. Each resident has their own private unit, which can range from smaller studios to larger apartments. Plus, the provider typically organizes a variety of community activities that residents can enjoy.

What is the difference between coliving and roommates?

While coliving involves shared living spaces with a community-oriented approach, roommates typically refer to individuals who share living space without any sort of structured community. Coliving often emphasizes shared values and experiences, while roommates may simply share the cost of housing.

 

Who is coliving for?

Coliving is suitable for a wide range of individuals, including:

  • Young People: Especially those looking for people with similar interests and desires.
  • Open-Minded Individuals: Those looking to expand their social network and embrace a sense of community.
  • Newcomers: People who are new to an area or city and want to quickly integrate into a community.
  • Professionals and Entrepreneurs: Particularly those seeking an environment filled with creativity and passionate individuals.
  • Community Enthusiasts: Those who value being part of a supportive community that fosters personal growth.

At Urban Campus, we have designed our spaces with young professionals in mind. We welcome people from all corners of the world, often between the ages of 25 and 40, who are freelancers or entrepreneurs, or who work for startups or larger corporations.

 

What are the advantages of coliving?

What is coliving and why is it so popular? 4

  • Knowledge Sharing and Networking: there is increased encouragement of professional and personal networking, allowing residents to learn from each other.
  • Ease of Making Friends: It’s easier to meet new people and make friends, especially in a new city.
  • Inspiration for Creativity and Collaboration: The diverse and dynamic environment can spark new creative ventures.
  • Flexible Leases: There are often flexible lease terms to accommodate residents’ changing needs.
  • International Environment: Coliving often brings together people from all over the world, creating diverse cultural communities.

 

Why is coliving so popular?

Several key factors explain the popularity of coliving. In an age marked by digital interactions, the desire for genuine community and connection has driven many people to embrace coliving as a means of forging meaningful relationships. Additionally, the convenience and amenities enhance the quality of daily life, especially since flexible lease terms cater to those with changing plans. Furthermore, coliving’s appeal lies in its ability to draw individuals with inventive and creative spirits, fostering innovation and collaboration.

 

Why stay with Urban Campus?

What is coliving and why is it so popular? 2

Since 2016, Urban Campus has been creating top-notch coliving spaces for young professionals in France and Spain. Here’s why we believe our spaces are the best around. 

  • Flexible Leases: We require only a 30-day notice period for changes or cancellations, providing flexibility to residents.
  • Long-Term Community: The average stay at Urban Campus is 12 months, fostering the development of long-lasting relationships.
  • All-Inclusive: We provide everything from furnishings and utilities to cutlery, plates, Wi-Fi, cleaning, and laundry. You only have to worry about one payment each month for everything. See everything included in our spaces here.  
  • Simplified Online Process: Urban Campus offers a streamlined online application process for a hassle-free experience. 
  • Built-in Community: Our exciting monthly events, including everything from language exchanges to beer tastings to sports tournaments, create a vibrant sense of community.

 

FAQs about coliving

Is coliving available for couples? 

  • Yes, at Urban Campus we can accommodate couples.

What is the average length of stay? 

  • At Urban Campus, the average length of stay is 12 months.

How can I find more information? 

  • To learn more, you can explore our different Urban Campus spaces on our coliving page.

Can I cancel or extend my stay? 

  • Of course! You can cancel your stay at Urban Campus with a 30-day notice period after the initial minimum stay duration. The minimum stay duration depends on your specific city and space. 

In recent years, the concepts of coliving, shared housing, and intergenerational residences have gained significant traction within the housing market. Urban Campus, a pioneer in creating innovative living spaces, has been at the forefront of this transformation. This article delves into the burgeoning trends of innovative housing solutions. These include supported living, shared living, coliving, co-residence, communal living, and intergenerational living. Plus, we will highlight the substantial appeal these varying trends hold for people of all ages. 

 

Coliving & intergenerational living attract young workers and seniors

Intergenerational Living, Coliving and Shared Housing

The 21st century has ushered in a remarkable shift in housing preferences, moving beyond the traditional single-family home or apartment living. Supported living, shared living, coliving, co-residence, communal living, and intergenerational living have all emerged as compelling alternatives. Urban Campus, recognizing the evolving needs of urban dwellers in a hyper-digital world, has been a leader in this transformation.

The emergence of these housing solutions can be attributed to an increasing societal need for social connection and community. In an era dominated by remote work and technology, individuals often find themselves facing isolation. Communal housing options aim to bridge that gap by offering spaces that foster genuine human interaction and a shared sense of belonging. They provide opportunities for residents to form authentic connections and a stronger sense of belonging.

 

Supported Living: A helping hand for all ages

Intergenerational Living, Coliving and Shared Housing

Supported living is a burgeoning concept that encompasses a range of housing options designed to provide residents with assistance and care tailored to their specific needs. This includes not only the elderly but also individuals with disabilities or those requiring medical support. Supported living aims to ensure that residents can enjoy a comfortable, secure, and inclusive living experience.

 

Shared Living: Fostering community and affordability

Shared living has gained immense popularity among millennials and Gen Z. It involves individuals, often strangers, sharing living spaces while benefiting from reduced costs and an enhanced sense of community. Shared living can foster connections, collaboration, and personal growth among its residents.

 

Coliving: Creating rich communities for digital nomads and young professionals 

Intergenerational Living, Coliving and Shared Housing

Coliving takes shared living a step further, providing residents a strong sense of community and intentionally-designed common spaces. The concept of coliving has experienced a remarkable surge in popularity in recent years, especially as young professionals seek innovative and community-oriented housing solutions. 

Urban Campus has been a leader in coliving throughout both France and Spain. Our dynamic coliving spaces serve as hubs of collaboration, creativity, and social interaction, providing residents with an unparalleled living experience. Through thoughtfully designed spaces and a vibrant calendar of events, Urban Campus fosters a sense of belonging and camaraderie among its residents. These factors all come together to make coliving a truly enriching and fulfilling lifestyle choice.

 

Intergenerational Living: Bridging the Generation Gap

Intergenerational living is a concept where different generations have a co-residence under one roof, sharing life experiences and forming unique bonds. It allows seniors to find companionship and support, while young professionals benefit from guidance and wisdom. The interplay of generations creates an enriching living environment that benefits all residents.

Intergenerational Living, Coliving and Shared Housing

Overall, the growing popularity of coliving and other innovative housing solutions reflects a broader shift in how individuals approach shared living arrangements. Urban Campus continues to contribute to this evolving landscape of shared housing through the expansion of their dynamic and community-oriented coliving spaces. As the housing market continues to evolve, it’s clear that these innovative trends are shaping the future of communal living.  Individuals are seeking enhanced connection and a deeper sense of belonging in their environment, which will continue to fuel this growth. 

When it comes to the world of real estate investment, there are two primary categories that prospective investors often consider: commercial and residential properties. Both of these categories serve distinct purposes, offer unique advantages, and require different strategies for success. In this comprehensive guide, we will explore the benefits of commercial vs. residential real estate, as well as emerging real estate trends. Plus, we will outline some essential steps to embark on a successful real estate investment journey. 

 

Types of Real Estate: Commercial vs. Residential Real Estate

Commercial vs. Residential Real Estate

The fundamental distinction between commercial vs. residential real estate lies in their intended use.

Commercial properties encompass a wide range of real estate assets, including office buildings, retail spaces and industrial warehouses. These properties are primarily used for business activities, typically housing commercial tenants who rent space for various business operations.

Residential properties, on the other hand, include single family homes, duplexes, apartments, condominiums and multifamily properties. These properties are designed for individuals and families looking for a place to call home. 

 

Benefits of Commercial vs. Residential Real Estate

Commercial vs. Residential Real Estate

Commercial Real Estate

Commercial properties offers a range of advantages for real estate investors. First, commercial properties often provide higher rental income potential compared to residential properties. Businesses are usually willing to pay a premium for space in areas with high foot traffic and visibility, making commercial properties a potentially lucrative investment. Stable, long term leases are also a common feature of commercial real estate. Commercial leases can be more lengthy than residential ones, providing more security for the investor. Commercial tenants often commit to multi-year leases, reducing turnover and vacancy rates.

Residential Real Estate

Residential leases typically come with predictable rental income, as residential tenants are often individuals or families seeking a stable place to live. Lease terms are generally shorter, providing opportunities to adjust rental rates more frequently. Managing residential properties can be less complex, especially in the case of single-family homes or small multifamily properties. Plus, residential properties can also experience property appreciation over time, contributing to the overall return on investment.

 

Steps to Embark in Real Estate Property Investment

Commercial vs. Residential Real Estate

Depending on your interests and goals regarding commercial vs. residential real estate, it is important to consider the following…

  • Educate Yourself: With commercial properties, begin by thoroughly understanding the types of commercial properties available and their associated risk profile. Consider the specific requirements of businesses in your target market. For residential properties, gain a deep understanding of the local residential real estate market, property types, and tenant demographics. Stay informed about current market trends.
  • Secure Financing: Explore various financing options, including initial costs and loans with lower loan-to-value ratios. Assess your financial capacity to determine the best financing approach.
  • Conduct Due Diligence: Conduct thorough market research, evaluating property potential for long-term growth. Assess factors such as location, market demand, property condition and property management requirements. 
  • Network: Focus on building relationships with commercial or residential real estate agents, brokers, and property owners, and even local real estate investment groups. Networking can provide insights into market trends and opportunities.
  • Lease Negotiations: Develop strong negotiation skills, and familiarize yourself with applicable laws in your area. Understanding the needs of your future tenants is crucial to this step.

 

Residential Real Estate in Spain

Commercial vs. Residential Real Estate

The residential real estate market in Spain remains a robust sector for investment. In 2022, home sales in Spain increased by 14.7%, totaling 649,712 transactions, as reported by the National Statistics Institute (INE). This figure is the second-highest in history, only surpassed by the year 2007. Notably, the most significant transactions occurred in major cities like Madrid, Barcelona, Málaga, Sevilla, and Valencia, where populations exceed 50,000. 

The entire year of 2022 marked a historic high in residential market investment, totaling 15.4 billion euros. This demonstrated a 35% growth compared to 2021 and a 21% increase over the previous peak in 2019. Additionally, investment in Build-to-Rent (BTR) and Private Rental Sector (PRS) projects reached a historic high at 2.6 billion euros in 2022. These numbers highlight the enduring strength of Spain’s residential real estate market.

 

Coliving 

Commercial vs. Residential Real Estate: An Introduction

Coliving is a rapidly growing real estate trend gaining popularity not only in Europe but on a global scale. It involves residents sharing a property, often a spacious house, building, or multi-bedroom apartment, with private rooms for each tenant and communal spaces that foster a sense of community. The growth of coliving can be attributed to shifting socioeconomic dynamics like increasing housing costs and changing lifestyle preferences. All of these factors offer promising prospects for the continued development of the coliving sector.

Coliving occupies a unique position in the real estate landscape, as coliving properties can be managed commercially or residentially. Urban Campus, for instance, takes a residential approach to managing coliving spaces. Our properties have a diverse range of private units and lively communal areas, such as lounges, coworking spaces, terraces, gyms, shared kitchens, and patios. An additional value of coliving is the strong sense of community. At Urban Campus, we organize engaging events that help facilitate these connections, which can be especially meaningful in the midst of a bustling urban city.

Check out Urban Campus’ most recent real estate projects here: 

September 14th, 2023

  • In Interiors writes about Urban Campus’ expertise in Build-to-Rent (BTR) real estate, reflecting on the general growth of coliving and BTR opportunities. 

 

What is Build-to-Rent?

Build-to-Rent (BTR) is an Anglo-Saxon concept that spans much broader than just coliving. Urban Campus, founded in 2016 and with current operations in France and Spain, specializes in BTR. Build-to-Rent involves an investor purchasing an entire building for rental purposes and entrusting its management to a professional operator, like Urban Campus. BTR buildings typically include some form of private living spaces, ranging from shared rooms to one-bedroom or two-bedroom units. They also offer various shared spacious and optional services tailored to different target demographics.

Build-to-Rent differs from coliving in several ways. In coliving, rent typically includes utilities, internet, and cleaning services. Build-to-rent apartments may not always be furnished, and the services tend to be more varied. BTR complexes still feature shared amenities like coworking spaces, communal kitchens, fitness rooms, and game rooms. In both cases, common spaces are accessible to residents without the need for reservations or additional payments, creating a unique blend of private and shared living experiences.

 

Advantages of Build-to-Rent Real Estate

In Interiors and Urban Campus discuss Build-to-Rent Real Estate

Maxime Armand, co-founder and director of operations at Urban Campus, emphasizes the benefits of BTR. Some advantages include well-designed apartments with essential amenities, simplified daily living, convenient services, and a strong sense of community. He also discusses Urban Campus’s ambition to create residential products that cater to a wider audience, building upon their current expertise in France and Spain.

Urban Campus is actively working on several Build-to-Rent projects in collaboration with real estate partners and investors. These projects include apartment complexes with various unit sizes, shared spaces, and additional amenities. Urban Campus aims to expand its portfolio to manage approximately thirty residences by 2026.

Read the original article from In Interiors here.

Have you heard of coworking? 

In a world where work dynamics are frequently shifting, coworking has become a game-changer. In 2020, many of us became remote workers and enjoyed the flexibility of working from home. But as we slowly swapped suits for pajamas and office spaces for bedrooms, the value of office socialization became evident. On the other hand, the traditional routine of dressing up and commuting to an office Monday – Friday remains largely unappealing. The benefits of coworking spaces help solve this dilemma. Coworking blends these two worlds for a healthy balance of work autonomy and community. 

 

Why are coworking spaces important? 

The Benefits of Coworking Spaces

In its most basic definition, a coworking space is a neutral space where individuals from various professional backgrounds come together to work. Coworking spaces are havens for freelancers, digital nomads and remote workers. They also welcome employees whose companies opt for a flexible workspace. In the shared office, there are people from different companies and industries, fostering a vibrant cross-pollination of ideas and collaborations. Plus, coworking spaces often boast many shared amenities you’d find in a traditional office.

 

History of the coworking revolution

The Benefits of Coworking Spaces 1

The concept of coworking emerged in the early 2000s, offering freelancers a much-needed alternative to working from home or local cafes. Prior to this, the concept of coworking can be traced to “Hackerspaces” created in Berlin in the 1990s. These spaces were designed to welcome and foster work collaboration among different computer enthusiasts. 

The term “coworking” was officially coined by Bernard DeKoven in 1999, initially emphasizing a collaborative work approach rather than a physical space. In the following years, coworking spaces as we know them today started appearing in Vienna, Austria (2002), and San Francisco, USA (2005). Starting in 2006, the number of coworking spaces worldwide doubled annually, and this trend continued for seven years straight. 

 

What are the benefits of coworking spaces?

Many notable businesses like Instagram, Uber, and Spotify all had their beginnings in coworking environments. Now, in 2023, there are over 5 million coworkers and 19,000 coworking spaces globally. Let’s take a look at some of the benefits of coworking spaces that have helped to fuel this rapid growth.

 

Coworking reduces loneliness  

The benefits of coworking spaces

Anyone who has worked completely remotely knows that loneliness can be a real challenge. One of the remarkable benefits of coworking spaces is the opportunity to build meaningful community. These spaces encourage professionals from various backgrounds to exchange ideas and build relationships beyond their own companies and fields. Working in a coworking space eliminates the solitude of a home office, and gives you potential for more professional connections and friendships. On average, 89% of members report being happier after joining a coworking space.  

 

Productivity and creativity

Coworking spaces have proven to be instrumental in boosting productivity, with a staggering 74% of coworkers reporting increased efficiency. This surge in productivity is attributed to the heightened social and collaborative atmosphere. Additionally, coworking spaces offer a greater degree of job control, allowing coworkers to tailor their work environment to suit their preferences. Whether it’s opting for a quiet, focused corner or a more social, interactive setting, coworking spaces empower professionals to customize their work experience. This ultimately contributes to enhanced productivity.

 

Business tools & support 

Coworking spaces offer many crucial resources that parallel those found in conventional office settings. These resources typically include meeting rooms and collaborative workspaces, plus fundamental tools like printers and copiers. Depending on the coworking space, you can also expect to find coffee makers, lockers, bike racks, community managers, and sometimes special features like meditation rooms and creative studios. These tools are a cost-effective solution for freelancers and digital nomads who often lack access to essential work resources. 

 

Hotspots for collaboration & networking opportunities  

Coworking spaces are dynamic hubs for collaboration and networking opportunities. These spaces foster an environment where individuals from diverse backgrounds can all interact, fueling opportunities for connection, ideation, and meaningful relationships. With professionals working on a wide range of projects and ventures, coworking spaces naturally facilitate networking. It is easier to to create fresh ideas, foster collaborations, and even ignite new career possibilities.

 

Coworking with Urban Campus 

If you’re intrigued by the concept of coworking, explore our Urban Campus spaces.

At Urban Campus, we offer premium coliving spaces, each featuring an integrated coworking area. This coworking facility is seamlessly included in your rental package, alongside an array of communal amenities, including lounges, terraces, shared kitchens, and fitness centers. You have the flexibility to choose from a variety of private accommodations, whether it’s rooms, studios, or apartments, all while enjoying social environments of our shared spaces. Moreover, we host weekly events to facilitate socializing and community-building, helping you get connected with a supportive community.

 

Photo Credits: 

  • All external photos used through Canva Free Media License