Cohousing: an alternative to traditional housing in Spain for 125,000 euros

The ability to find affordable rental options or become a homeowner without significant financial investment is contributing to an increasing number of alternatives to traditional housing. A striking example of this is co-housing, a trend that is becoming more and more popular. Want to know what it's all about? In the following text, we will reveal all the details.

What is cohousing?

“Cohousing is an alternative where a group of people with shared values and very similar lifestyles decides to purchase a common home that meets their needs,” explains the Fotocasa portal. The purchase of housing is carried out through a cooperative. For this, a group of people forms a cooperative to buy the property. Thus, the ownership belongs to the cooperative, as do the rights to use and enjoy the property, although cooperative members pay a fee established in the charter. Typically, these are individual living spaces equipped with shared services, such as a laundry. Cooperative members are responsible for developing the model of communal living and shared spaces.

Examples of cohousing

An example is the project being carried out by Kora Pamplona. This co-housing initiative is located in the Leskairu area of Pamplona and consists of 167 fully equipped apartments with access to extensive common areas, as stated in the listing published on the real estate portal Idealista. The building features stunning views from the roof, a swimming pool, a gym, a workspace, a library, and a garden. The size of the apartments can range from 28 square meters to 62 square meters. Each one is equipped with a kitchen and a bathroom, although some also have a terrace.

Another available option on the real estate portal is a co-housing apartment in the La Roqueta area of Valencia. The price is €306,000, but a garage can also be purchased for an additional €35,000. This property, which spans over 120 square meters, is located on the first floor of a building with an elevator. The property features access to extensive common areas, such as a 190-square-meter lobby and a 400-square-meter workspace. There is also a gym and an inner courtyard with a swimming pool. Specifically, the apartment includes a living-dining room, a fully equipped kitchen, a bedroom with a walk-in closet, and a bathroom with a shower cubicle, sink, and toilet.

After reviewing the available properties, I am also drawn to the ecological residence located in Valdemoro, a town in the Madrid community, priced at 160,000 euros. The housing is part of a co-living space for seniors. The apartment is on the third floor of a building with an elevator. It features a double bedroom with built-in wardrobes, a full bathroom, a living-dining room, a fully equipped kitchen, a storage room, and a parking space. It is worth noting that the apartment is fully adapted for individuals with limited mobility, as there are no architectural barriers. Additionally, the kitchen and bathroom floors are covered with glossy ceramic tiles. The residential complex also offers services such as a concierge, café-restaurant, communal lounge, and gardens.