If you’re looking for a new place to live in Madrid, a coliving space could be the ideal option for you. Nowadays its becoming more commen for young students or professionals renting a room or studio in a coliving space, as it is a new style of housing that fits their needs.
At Borich Houses, we’ll explain what coliving is, how it works, and why it’s becoming an excellent alternative for finding your home in Madrid.
What is coliving and how it works?
Coliving is a modern housing concept that combines the best of private living with the benefits of living in a community. Typically, coliving spaces consist of several rooms and studios that share common areas such as the living room, kitchen, dining room, and laundry facilities.
The way this type of housing operates is dynamic. Additionally, living in a coliving space promotes social interaction and collaboration among members, which helps reduce the risk of feeling lonely.
Differences between coliving and other housing models
Although coliving is on the rise it’s also important to understand how it differs from other types of housing, such as traditional apartments, shared flats, and independent studios.
The main differences between coliving and other housing models are as follows:
Las principales diferencias entre el coliving y otros modelos de vivienda son los siguientes:
Traditional apartments vs. Coliving
In a traditional flat, the tenant assumes full responsibility for the space, including contracting and paying for utilities, maintenance and the purchase of furnishings.
In contrast, coliving is a solution for residents who prefer to enjoy fully equipped spaces with services included, eliminating logistical worries.
Shared flats vs. Coliving
In a shared flat, a group of people rents a property and subsequently divides the spaces and costs among themselves, without central management or additional services. It’s worth noting that if one tenant leaves, the remaining tenants usually share the cost of utilities.
On the other hand, coliving spaces are specifically designed for structured communal living, with cleaning services, maintenance, and common areas optimized for interaction.
Studios vs. Coliving
While studios prioritise complete autonomy, colivings strike a balance between privacy and community living, ideal for those seeking comfort and connection with other professionals or students.
Advantages of living in a coliving space
The benefits of living in a coliving space are:
Living in a coliving space is usually more flexible
Conventional rental contracts typically have a minimum duration of one year. However, coliving spaces tend to offer greater flexibility regarding contract length. For example, at Borich Houses, the minimum stay is 4 months, and the maximum is 11 months.
Coliving spaces combine the best of living in a private space with the best of community life
In a coliving space, each tenant can enjoy their personal space with complete privacy and independence, while also having the freedom to make daily connections in areas designed for socialising with others and creating a sense of community.
Services are usually included
Generally, in a coliving space, everything is covered. These spaces typically provide essential services in the common areas, which are available to all tenants.
You can share your day with like-minded people
Connecting with people who share your interests is part of living in a coliving space. During your stay at Borich Houses, you will be part of a vibrant community.
How to find a coliving in Madrid?
Finding a coliving space in Madrid can be an easy task if you know where to look and what aspects to consider before selecting the ideal space. The Spanish capital offers a wide range of coliving spaces designed for students, digital nomads, and young professionals who are looking for flexible, fully equipped housing with an integrated community.
The most common ways to find a coliving space are through:
Specialised platforms and websites
The first step to finding a coliving space in the heart of Madrid is to explore specialised platforms such as Housing Anywhere or Spotahome. You can even find them on rental sites like Idealista. These platforms allow you to filter by location, price, included services, and duration of stay, making it easier to search according to your needs.
If you want to check the availability at Borich Houses, you can do so by visiting our profile on this platform.
Websites of coliving companies
Many coliving companies in Madrid have their own websites. Through the contact option, you can reach out directly to the company to obtain information or resolve specific queries.
Practical tips for choosing a coliving in Madrid
When choosing a coliving in Madrid, it is important to follow these recommendations:
Check if the location suits you
As Madrid is a large city, a great option is to rent a room or studio close to your workplace or university. This way, you can save time commuting from one place to another.
Ask about the community it houses
Some coliving spaces are aimed at young professionals living in the city, while others may have more of a student or nomadic focus. Therefore, it is essential to find out a little about the community the space hosts.
Check what services are included
Before moving in, make sure to check what services are included in the final price. These can make a big difference in your coliving experience.
Review if the price fits your budget
Although living in a coliving space can be more affordable than other rental options, it is important to ensure that the final price fits within your budget. Since services are included, this could increase the overall cost.
Additionally, we recommend reading reviews from other users to give you more confidence in your decision.
Borich Houses: an attractive coliving for young students and professionals
If you’re looking to rent a studio in Madrid, Borich Houses offers eight fully equipped studios with a kitchenette and private bathroom. However, if you’re looking to rent a room, the coliving space has ten rooms ready for you to enjoy. To get more information about the availability of studios and rooms at Borich Houses Coliving, contact us, join our community, and discover the highest standard of coliving.