Finding the perfect house is difficult as it requires a lot of time and energy. With Living Quarter, you can save money while avoiding the stress of finding a house by sharing costs with friends.
Living together involves a shared kitchen, lounge area, utility room, as well as a common relaxation area where stressed out working people can relax. In addition, each resident has a private bedroom and bathroom. Basically, people live in Shared Bachelor accommodation in Hyderabad or buildings, sharing facilities.
If you’ve heard about coliving and wanted to know if it could be right for you, here are some of the biggest benefits to consider.
Six benefits of co-living and how they might work for you
Rent consumes quite a significant amount of young people’s income. It’s one of the best ways to save money. Living with roommates can help you reduce your rent costs significantly by sharing living expenses.
When you factor in the additional costs of security deposits, broker’s fees, and the cost of buying new furniture, buying an apartment outright can be quite expensive.
You also won’t be stuck with a pricey or useless having to buy wifi router or your own couch in a coliving space.
2. How co-living helps you login to your space and work with others seamlessly
When you’ve signed a lease for a new home, your work is still not over. You need to set up utilities, schedule bills for essential things like wifi and gas, decorate your new place and hire a house cleaner (and negotiate chores with roommates) to keep things looking tidy. If one of your roommates decides to leave, you’ll have to find a replacement.
In a coliving space, you don’t have to do household administration, so you can focus on the things you love. Coliving spaces let residents focus on their passions rather than managing all aspects of home which saves time and makes life simpler.
3. Coliving can benefit your career
Whether you are moving to a new city or busy with work, making friends can be hard. According to a 2019 survey, 30% of millennials “often” or “always” feel lonely. Coliving makes it easier by offering people willing to share meals, hosting movie nights, and talking about each other’s days. With private bedrooms and shared common spaces, coliving homes allow you to socialize when you want to and be alone when you don’t.
4. Coliving eliminates financial liability of roommates.
With Coliving, you’re not required to find a subletter, since your rent and utilities are all included in one monthly payment. Instead, you’ll pay for what you use with ease! You won’t have to hassle about roommates or the time crunch for getting rent paid on time, either.
5. Coliving offers the flexibility you need
Coliving offers a flexible living situation with the added benefit of not having to give up your living situation (and home furniture!) or commit to a long-term lease if you’re only there for a short time. And when you depart, your lease can remain on the property.
6 Ways Coliving Can Give You More Space
With the coliving lifestyle, you can live without spending too much on home goods because you’re able to rent most items. Plus, the minimalist lifestyle benefits from that less waste.
There’s a reason why people living together has become so popular. If you’re looking for the affordability and sense of community that comes from living with roommates, but don’t want to deal with the up-front costs of leasing and furnishing an entire home (not to mention finding responsible roommates to fill it), coliving can offer you the best of both worlds.
Finding your next living space is easy on Living Quarter. Unlike competitors that rely on a central service, all listings are from verified users and include coliving spaces, apartments and homes for rent. Still not sure where you want to live? From the search bar, you can narrow down what type of housing you’re looking for.
