Coliving and Serviced Residences - Madrid & Spain
Coliving grows to 87% in Spain in four years. The operator who wins is the one who has the space that justifies the tariff.
According to CBRE, Spain will reach 20,000 coliving beds by 2025, with an average occupancy of 93% and 75% of supply concentrated in Madrid and Barcelona. In such a market, the design of the space ceases to be an aesthetic decision and becomes the argument that differentiates your asset from the next in the search. We design coliving assets and serviced residences that fill faster, justify higher rates and retain tenants longer.
The real problem
A coliving without its own identity does not justify its price. And the tenant knows it.
The coliving tenant compares in seconds. If the space doesn't communicate something clear - community, design, quality of life - choose the cheapest. The rate is not supported by marketing. It's supported by space.
High tenant turnover
Tenants do not renew when the space does not exceed their expectations. The common areas, the room and the ambiance determine whether they stay or leave at the end of the lease.
Flat rate with no upload margin
Without differentiation, the only argument is price. A well-designed asset justifies a rate 15-20% higher than the market average without negotiation.
Common areas that do not generate community
Coliving sells community, but poorly designed common areas do not create it. Layout, acoustics, lighting and flexibility of use are design decisions with direct impact on the product.
Reformed assets without operating criteria
Many operators refurbish existing buildings without adapting the layout to the coliving model. The result is a hybrid product that functions neither as residential nor as coliving.
Process
How we work
1.
The Appointment
We analyze the asset, the target tenant profile, the target rate and the direct competition in the area. The design is based on the business model, not on aesthetic references.
2.
The Design
Identity of the asset, distribution of common areas, typology of rooms, lighting and materials. Visualized in 3D before work begins.
3.
The Production
Executive drawings, material specifications, FF&E list and coordination with contractors. Budget closed before starting.
4.
The Installation
Construction management and supervision of finishes. Delivery with the asset ready to photograph and publish.
87%
growth of coliving in Spain between 2020 and 2024, the second fastest growing country in Europe
20.000
CBRE projects more than double the number of beds projected in Spain in 2025 than in 2023
93%
average occupancy of coliving assets in Spain, well above the traditional residential market
7.6 months
average length of stay in coliving, a margin that is directly dependent on the quality of the space
Let's talk
Do you have a coliving or flex living asset under development or refurbishment?
Tell us the number of units, the location and what stage the project is in. We respond within 24 hours with an honest appraisal.
- No commitment
- Free initial consultation
- We respond within 24 hours