Introduction to Coliving as a Budget-Optimizing Option
As the new year approaches, many people consider changes such as moving, seeking independence, or embarking on a new personal phase. In an environment of high housing costs, coliving has emerged as a solution for those looking to optimize their budgets, particularly in major cities.
Julio César Mendoza on Coliving as a Financial Intermediate Step
Julio César Mendoza, the commercial manager of Inmuebles24, explains that sharing living expenses can be an intermediary step for those seeking independence without compromising their financial stability.
“Coliving can be a stepping stone between seeking independence and saving up to eventually move into your own home,” Mendoza commented.
From a Student Model to an Urban Solution
For years, coliving was primarily associated with university students or digital nomads. However, the profile of those opting for this model has diversified.
- People changing cities for work-related reasons
- Young professionals
- Individuals seeking temporary housing solutions
Beyond the economic aspect, coliving addresses changes in urban living patterns. The rise of remote work, the increase in digital nomads, and the search for more sustainable living schemes have propelled this type of housing.
Understanding the Coliving Model
In this model, each tenant has a private room while shared areas like living rooms, kitchens, or laundry facilities are utilized collectively.
In some cases, landlords include services such as internet, cleaning, or social activities, simplifying home management and enhancing the living experience.
“Coliving addresses the new housing needs: flexible, affordable, and fostering a sense of belonging. People interact and collaborate to maintain shared spaces as functional as possible,” Mendoza added.
Coliving not only offers a solution for tenants but also benefits property owners. This model allows optimizing the performance of a real estate asset and diversifying income sources, provided there is proper planning.
“Investing in coliving can be a way to diversify income due to its high profitability, but it’s crucial to consult experts in architecture, administration, and tax matters. The more information you have, the better your experience with these business models will be,” Mendoza emphasized.
