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The different kinds of properties that are suitable for coliving

Kinds of properties
The different kinds of properties that are suitable for coliving – are as follows:
Large villas – Serviced apartments or apartment-buildings with many bedrooms – Hostels – Hotels – Motels with common areas.
Examples: Apartment, Bungalow, Cabin, Castle, Chalet, Country House, Cruise, Hostel, Hotel, House, Loft, Motel, Ranch, Resort, Safari / Tentalow, Sailboat, Train, Winery, Yacht…

Converting small hotels or boutique hotels is the quickest approach. Converting private properties has to go through a complicated legal and planning process, which increases the time and cost.

Inspect the property
Be sure to find out how recently this property was renovated. It will show pretty fast if its been a while, as things will start falling apart, falling off, peeling away and cracking. Make sure the property owner is responsible for maintenance and that they respond to your communications quickly.
Remember, make sure you do a property check with a third-party professional before signing a deal.

If you are planning to have a coworking space in the same building, see that the social areas are separate from the work area, in both an audio and visual way.
Living and sleeping-spaces should be upstairs or in a more remote area of the property. This will allow guests to relax more, away from the sound, and truly disconnect.
A good rule is to have about 200-300 sq ft per person in total for sleep & communal areas.
If the space is not well optimized you may need more.

Try to discourage people from using cars. Having 20 people parking their cars around the property may cause a problem and get the neighbors complaining.
It’s better to supply your guests with free bikes – or you can charge them a small rental fee.

Communal areas
If you contact hostels, hotels or motels, you need to enquire if they have communal-areas that are suitable to relax in, and a separate work-area, with enough power sockets for recharging devices.

Long-term stays
Hotels are often interested in getting long-term stays and are willing to heavily discount by 50% or more of the daily price when people stay 30 days or longer. Once over 30 days, accommodation is seen as residential – with tax rates going to a lower tax bracket.
Getting people to stay longer builds better communities, where real friendships are forged.

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