The rapid expansion of coliving

7 min reading time

Published on 04/12/23 - Updated on 04/12/23

The Babel Community

The emergence of coliving stands out as a transformative force, as the last years there has been an important increase on the percentages of people who prefer ‘Coliving’ as a new way of accommodation, catering a diverse spectrum of housing preferences. This innovative sector, characterized by communal living spaces and a burgeoning sense of community, has witnessed substantial growth, especially in the wake of the COVID-19 pandemic. Initially targeting expatriates and travelers, it's now intriguingly attracting a wider demographic, including local residents. We are going to talk about the reasons that lead the investors to invest in specific regions and countries.

What is coliving: Coliving has its origins in the early 2000s along the West Coast of the United States. Blending elements of a hotel with traditional shared housing, coliving offers a hybrid model that includes spaces that are crafted into private units and range from 20-30m2, while these might...

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