What is hot is real estate? Co-living is the new buzz.
Co-living is all about communal lifestyle with luxury amenities and it is attracting residents from all around the world. This residential niche is hot in the market place right now.
May people today aren’t paying for a permanent home. People who choose to co-live pay rent for a private bedroom and sometimes a bathroom but share common spaces such as kitchens, living rooms and lounge areas.
Most co-living areas are in big cities. The benefit of this type of living environment is that of instant community and planned social activities. More co-living properties offer temporary leases. This is amazing for those that travel to an area for a short or extended period of time. The plus, you can meet some really cool people.
This seems to be the biggest trend in real estate in the world right now. Real estate developers and companies are also seeing opportunities in this growing movement of how people are living today.
Rent is generally 20 – 25% less than standard rentals.
The bedrooms are general fully furnished and the rent includes all utilities. Renters even get sheets, towels, free internet and sometimes, maid service.
Some companies entice renters with chef-grade kitchens, swimming pools, pool tables, gyms, recording studios, maker’s workshops, computer areas and moving screening rooms.
Sign me up.
This allows flexibility in that people sometimes relocation, transfer sites or just want a change in pace. Some places require a 3-month commitment while others do not.
Self-employed, roaming entrepreneurs want to live a life full of living without paying for sky-high prices. They want to be part of a community and co-living does just that.
All my best,
Picket Fence Properties, located in Windsor, CO is Northern Colorado’s Top Notch Property Management company helping owners with their rentals, income/investment properties and vacancies in Northern Colorado. Are you a owner of a home for rent or that you’d like us to manage? We help you have the perfect tenants in NoCO. Are you looking for somewhere to rent in Greeley, Loveland, Fort Collins, Wellington, Eaton, Evans, Windsor, Frederick, Firestone? Look no further, we have all your real estate and rental needs covered. Check out website for vacancies today.