Co-living: the new lifestyle you’re going to love

What if packing your suitcases was your only concern before moving to Luxembourg? This is the Co-living promise. New generation home sharing which offers the best of living with others without the constraints.

Creation date : 15/09/2022

What is co-living?

 


Born from the evolution of ways of working and living, co-living is a modern shared housing concept that combines private spaces (room or studio with bathroom) and large shared living areas (equipped kitchen, lounge, gym, coworking spaces).
Suitable for the Luxembourg property market, this hybrid option offers a turnkey solution, flexible and without heavy administrative constraints. It’s the ideal solution for young professionals, newly arrived expatriates and mobile professionals looking for much more than just a roof over their heads: a genuine community living space, friendly and ready to use from day one.
 

 

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What’s the difference between co-living and shared housing? 

Although they share the principle of living with others, these two concepts are based on very different operating models. In traditional shared housing, residents rent a standard apartment via a joint or several tenancy agreement, and must themselves manage the division of tasks, the opening of energy or Internet contracts, as well as the shared payment of service charges.
Co-living, by contrast, offers an all-in-one solution under a single individual lease. The rent includes all charges and many integrated premium services: designer furniture, high-speed Wi-Fi, regular cleaning of shared areas and the organisation of community events.

Comparison criteriaTraditional shared housingModern co-living
Type of tenancy agreementMultiple or joint tenancy agreement (joint and several liability).Single, individual tenancy agreement per resident.
Management of chargesManual allocation of water bills, electricity, gas.All-inclusive: Fixed price included in the overall rent.
Additional servicesNone (cleaning and maintenance are your responsibility).Cleaning of common areas, Internet, gym/coworking access.
Furniture and equipmentAccommodation is often empty or sparsely furnished.Fully furnished, equipped and decorated accommodation.
FlexibilityStandard notice period for moving out.Flexible contracts suited to medium- to long-term stays.

The living room of a co-living home in the district of Neudorf in Luxembourg

 

Who is co-living aimed at?

 


Co-living is mainly aimed at a new generation of tenants looking for flexibility and social connection. It is particularly popular with international executives, consultants on temporary assignments, interns and young graduates moving to the Grand Duchy. This type of housing is suitable for those who want to settle in quickly without having to deal with the formalities of a standard move. Please note, however, that depending on the operators and the theme of the residence (focused on sport, tech or peace and quiet), some establishments may impose specific age or lifestyle criteria to ensure community cohesion.
 

 

How much does co-living cost?

 

In Luxembourg, the cost of a co-living room reflects both the range of services included and the strength of the rental market. Observed prices generally range from €800 to €1,400 per month, depending on the location of the residence and the size of your private space. Although this amount may seem higher than basic shared housing, it includes all additional services. AXA nevertheless recommends that you carefully check the list of charges included in your contract (subscriptions, access to facilities, deposit conditions and minimum lease term) so you can plan your budget without any surprises.

How can you find co-living accommodation in Luxembourg?

The co-living market in the Grand Duchy has become much more structured with the emergence of specialist local and international operators. To find the perfect place, focus your search on dedicated co-living websites or consult national property portals with a specific filter.
Before committing, it is strongly recommended that you visit the spaces in person, or via a high-quality interactive virtual tour, in order to assess the layout of the premises, the existing community atmosphere and the actual quality of the services included in your future rental package.

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