Real Estate: Is Shared Housing, or "Coliving," Really a Good Deal?

A new form of high-end shared accommodation is developing in France: coliving . For €1,150 per month, a young professional interviewed by France Télévisions lives with 12 other people. They share large living spaces and have access to several services: cleaning, laundry, gym, and terrace. Coliving, with 14,500 beds recorded in 2023 (+70% in two years), is booming.

Many investors are therefore entering the market, like Vincent Fourcaut. That day, he visited a 300 m² property in the Yvelines department. €400,000 of work would be required to create around fifteen rooms, which would generate at least an 8% return, provided the property's purchase price can be negotiated. Rooms will be offered starting at €650 per month for the first few arrivals. "We always have a very low price to reassure ourselves, then the price will tend to rise as we reach the maximum occupancy rate," he warns.

The prices charged by co-living, approximately 20% more expensive than traditional shared accommodation, have become inaccessible to some young French people, but are instead attracting foreign students with high purchasing power. Ian Brossat, a French Communist Party senator from Paris, wants to regulate the phenomenon and establish a " legal framework " around the practice. Watch the full report in the video above