The advantages and disadvantages of coliving

In a pandemic scenario, the real estate market had to face some changes – even if it did not suffer major impacts with Covid-19. Among the main ones, there is the need to bring more and more shared spaces. One example is condominiums that are offering much more than an event room and a playground. Now, the resident feels the need to have gyms, swimming pools, schools, and spaces for coworking.

The sharing economy was already emerging as a trend even before the pandemic and now it is only gaining strenght. Along with coworking, shared work spaces already consolidated in society, coliving, the concept of shared housing, is gaining strength. Whoever seeks this system, follows strong values based on a sense of community and sustainability.

Far from being considered a republic or even a tenement, coliving has its own characteristics. As much as everyone promotes an intense coexistence, coliving follows collaborative values. In these spaces, it is as if there is a contract that makes residents willing to help each other in everyday matters, such as helping to care for a pet, preparing some food, or even borrowing objects. The connection and synergy between the residents is essential and pre-established even before the arrival of new coliving participants.

The benefits of coliving

As they are usually managed by companies specialized in the segment, bureaucratic issues involving rent are facilitated and costs are lower, as it is a shared space. The economy is also found in the use of resources such as water and light since these spaces are usually built with the least space impact in mind.

Another positive point is the new concept of coliving, which consists of small apartments with shared common areas, guaranteeing the privacy of each resident. In these spaces, the kitchen, laundry, and office are usually part of the common spaces.

The social issue also emerges as a positive point, since the form of housing consists of enjoying new experiences in the community. By promoting coexistence between different people, the model is more successful among younger and more autonomous people, who seek to relate to those with similar interests.

On the other hand, a generation of elderly people is looking for this real estate format. What do audiences have in common? The search for a lifestyle that aligns with flexibility, comfort, and sustainability. Flexibility even meets the optimization of residents’ time, which is optimized with the sharing of domestic activities.

Finally, the location comes as a great benefit. After all, coliving spaces are generally built-in central regions of large cities with easy access through different means of transport, such as rides with other residents.

What could be better?

Among the points that most amazes those considering moving to coliving is the lack of privacy. After all, most spaces are shared. Another point that can harm the process is the delay for the change to actually happen. The reason? It is necessary to go through some stages, such as meeting expectations alignment with future residents. In addition, most colivings are still under construction. In this way, in order for the change to happen, it is necessary to wait for the property to be ready.

And now, would you move to a coliving?