- Get your paperback, kindle, or PDF edition of Art of Coliving Book.
- Starting or operating coliving space? Level up and Join the Coliving Incubator Program.
- Are you building a coliving business? Get Free Coliving Advisory
🔁📝Last week, we examined housing crisis solutions and coliving models. Revisit EC30 below to catch up before today’s post:
Artof.Co Hosted First Open Everything Coliving Q&A
Artof.Co recently started an open forum for anyone to come and get their questions answered about “Everything Coliving”. This forum meets on the last Thursday of every month and answers the top questions asked.
The community pitches in with all their experience and collectively, all the participants make the most of 60 minutes.
Here are the points discussed on Thursday, 29th August, in brief. A detailed blog will soon follow so that all who could not attend can go through it and attend the next one.
- Market Trends: Exploration of niche co-living spaces, multi-generational living, and office-to-coliving conversions. Emphasis on sustainability, flexible leases, and senior coliving trends.
- Essential Services: Discussion on key services like Wi-Fi, community events, cleaning,
maintenance, and the growing demand for health and wellness in coliving spaces. - Niche Exploration & Branding: Consideration of niches like senior living, digital nomads, and wellness. Importance of branding strategies through storytelling and online presence.
- Design & Occupancy: Discussion on how design enhances community interactions,
considerations for single vs. dual occupancy, and the impact of local laws. - Profitability & Business Models: Examination of coliving business models' profitability, supported by industry examples.
If you want to join the next one, do sign up below and become the part of this movement.
Platforms Where You Can Find Your Next Coliving Home
Today, if you go to Airbnb, Booking, Vbro, etc and just type coliving you will see thousands of listings. A lot of people have started using the word coliving in their marketing just to grab attention. This has made it increasingly difficult for residents to find true coliving spaces.
Hence today I am lisitng various smaller platforms which are doing a bit more than just listing. They are trying to curate a list of coliving spaces which can be your next home.
Some of the one’s I know are:
If you know any other platfrom that has been useful to you please reply to this email. I am copmpiling all platforms to write a detail blog about it. You can write to us on coliving@artof.co or reply to this email.
Weekly Masterminds in Coliving Incubator Program
Since we launched the Coliving Incubator Program, we have 7 companies and 11 people who joined on the journey to take their coliving business to the next level.
Some of the coliving concepts that participants are building are:
- Robert from Canada is building an “office-to-coliving conversion at scale.”
- Anthony & Ana building coliving space for 45+ in Lisbon, Portugal.
- Myriam is working on converting a church into coliving space in France.
- Katharina is already operating her first space in South Germany and now want to grow her coliving business.
- Arnau is running a 300 unit operation in Barcelona and working on fixing user experience and technology implemetation to take his brand further.
and many more concepts are getting built as part of the program. Here is a sneak peak into the weekly masterminds.
The Coliving Incubator Program is a 12-month program that adapts to the requirements of a coliving entrepreneur and helps them build sustainable coliving businesses.
Is it a course? No, it’s not. Its a program built keeping in mind:
- Every coliving journey is different and the program adapts to it.
- Peer learning is the best form of learning, and we have weekly masterminds for exactly that
Rome was not built in a day, and hence, we think a 12-month milestone-based program is needed to help coliving entrepreneurs build sustainable coliving businesses.
Case Study: A Small Coliving Housing Project In Pantin, France
The architects led the project from the beginning, including designing, financial, and administrative decisions. The building uses a simple, rational structure with sustainable materials like reclaimed bricks.
The project prioritizes shared spaces, such as a greenhouse and rooftop terrace, fostering interaction and community among residents.
Reused materials and thoughtful design were key to reducing the building’s environmental impact.
Here Are Some Thought On Coliving
Everything Else Coliving
- Join the CREATIVE RESIDENCY by Yoav Goldwein in Nov 2024. It is here to provide a transformative space where individuals can deeply explore and redefine their understanding of "home" in a rapidly changing world. Learn more about the residency here.
- The rise of co-living and build-to-rent (BTR) models in the UK offers promising investment opportunities, especially in city centers. However, these new housing models face potential VAT challenges. Traditional residential letting is VAT-exempt, but serviced accommodations, often similar to hotels, are VAT-standard rated. This distinction can impact profitability. Investors must carefully balance attractive offerings like flexible leases and amenities with VAT implications. As the sector evolves, understand ing these tax nuances will be crucial for successful co-living ventures.
- First IPO for a coliving company in India. Colstay Private Limited, the operator of the student co-living accommodation brand Hive Hostels, has raised Rs 11.5 crore through a private placement round, which saw participation of popular celebrities like Madhuri Dixit and Amrita Rao before its listing.
- Co-living flats approved in Bath despite concerns over UNESCO status. Planning permission was granted for Kosy Living to knock down a row of industrial units off the bottom of Wells Road to build a block of 77 “co-living” apartments.
- Coliving in Bilbao grows with 62 new apartments in Ibarrekolanda. This shared housing model is establishing itself as an attractive option for young professionals looking for flexibility and community in their work and residential environment.
- Urban co-living dorm nurtures emerging 'townees'. A YOUNG, vibrant working-class community is taking root at the urban co-living dorm MyTown, a part of the SM group that has established a network of Pasay City-based 14 residential facilities.
- Mysterious investor plans to turn Chiswick Tower into 415-bedroom 'co-living' block. Its 190-space car park would be turned into an “affordable housing scheme“ as part of these plans. There are currently 25,021 co-living beds operational or in the pipeline for the UK, according to a 2023 report from Savills.
- 15 Years Nomading Led Me to Coliving: How I Finally Found My Home" - Tobias Hug's Story.
We hope you enjoyed this edition and wish you a great weekend ahead. Reply us with your thoughts on what more you want to read and if you have any feedback.
If you want us to cover anything, please mail it to us on coliving@artof.co
Gui Perdrix & Mayank Pokharna
The Artof.Co team
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