Co-living has caught on here in Luxembourg
In the Grand Duchy of Luxembourg, home sharing is a well-established habit among young professionals.
Indeed, real estate pressure causes prices to rise so much that, quite often, living alone is not an option. As a consequence, the website combien-coute.net whose database is user driven, indicates that the average cost of a studio apartment in the city centre is €1600.
In this context, a home-sharing market in Luxembourg quickly developed. The market is sometimes quite erratic and each available square metre is made use of to generate greater revenues.
“10 years ago, owners would divide the lounge with a partition to create two additional bedrooms. Outcome: you hear your neighbour coughing, and the house is no longer a living space for social gatherings” explains Nicolas, one of the founders of Cocoonut which offers a new Co-living solution in Luxembourg.
It is the opposite approach that motivates the two partners who pay particular attention to the common spaces and decor. “We create spaces where we would want to live” explains Nicolas. Each room is fitted out to a high standard and comprises an office for working and a private bathroom. Other projects even offer a kitchenette in each room. As regards the common spaces, in addition to the living room, kitchen and dining room, their co-living solutions also offer other meeting spaces, such as a garden, a fitness room and a theatre room. “We wanted to create a family atmosphere where quality of life takes precedence”. In the same way as comfort and space are able to radically transform “tribal” life, co-living is also a means of simplifying life.
The living room of a co-living home in the district of Neudorf in Luxembourg