The concept of Build to Rent (BTR) real estate is reshaping the traditional housing model. Build to Rent focuses on creating properties for renting rather than individual ownership. This shift in the real estate market is quickly gaining traction worldwide, with growing interest from European investors and developers. 

What is Build to Rent real estate?

Quite simply, Build to Rent focuses on creating properties designed for renting, rather than selling to individual owners. It is a modern real estate development approach that is growing in popularity. The model has gained significant momentum particularly in the face of escalating housing prices and the challenge of homeownership. 

Build to Rent real estate has several key features that set it apart from traditional housing models. Typically, a single entity owns a BTR community or building, usually an institutional investor or a real estate company. Professional property management is also a cornerstone of the BTR approach, which translates into consistent maintenance, services, and amenities for residents.

BTR properties often have a range of community spaces such as gyms and communal spaces. These features enhance the overall quality of life for tenants and make these properties more attractive to potential renters. Lastly, the Build to Rent model adopts a long-term investment perspective. It focuses on generating consistent rental income over time rather than pursuing quick profits through property flipping. 

Why is Build to Rent a growing trend? 

Build to Rent real estate has surged in popularity due to a variety of economic and societal factors. Firstly, the steep rise in home prices has made buying a home increasingly difficult. This has particularly affected younger generations.

Renting also provides greater flexibility, which is increasingly appealing in our rapidly changing world. This flexibility allows individuals to adapt to evolving job opportunities and lifestyle choices without the commitments and financial burdens of homeownership.

Build to Rent communities and amenity-rich environments also align with modern lifestyle preferences, making it an attractive housing option. More so, urbanization has intensified the demand for rental properties in city centers, further fueling the growth of BTR communities.

Build to Rent in Spain 

The surge of Build to Rent properties in Spain is closely related to the circumstances of younger generations. Many young people prefer access to rented flats over the challenges of buying their own home. However, these preferences are also extending to families who are grappling with the high prices of the housing market in Spain.

Major Spanish cities like Madrid, Barcelona, and Valencia have emerged as hotspots for BTR development, drawing significant investor interest. The current scarcity of available rental housing in the Spain is further fueling the growth of BTR.

Build to Rent in France 

In France, the Build to Rent real estate sector is also experiencing notable growth. The BTR market in France is more niche than in Spain, however it is garnering more attention and investment every year.

The BTR sector in France attracted approximately €7.5 billion in investments from 2017 to 2022. There is a burgeoning interest in fortifying the French construction sector, which has contributed to the surge in BTR development. This trend reflects an evolving real estate landscape in France, as developers and investors recognize the potential in purposeful rental properties. As in Spain, this BTR growth also aligns with the fluctuating housing supply and changing personal preferences of the French population.

Invest in Build to Rent 

In terms of real estate investing, lower vacancy rates are a key benefit of BTR real estate. BTR properties are thoughtfully designed to cater to a diverse tenant base, promoting longer tenant stays and higher retention rates. These long-term lease agreements provide not only financial stability but also increased predictability for investors.

Additionally, BTR investments typically offer investors reduced maintenance complexities. The modern construction of BTR properties minimizes the need for frequent repairs and replacements. This both lowers maintenance costs and also enhances tenant satisfaction. 

Overall, BTR investments align perfectly with the evolving demands of the growing rental markets, reflecting changing demographics and contemporary lifestyle choices. Properties cater to a range of tenants, from millennials postponing homeownership to young families seeking quality amenities. These diverse tenant profiles contribute to the appeal of BTR investments, with a broad tenant base enhancing overall investment stability.

Build to Rent vs. Coliving 

Coliving focuses on shared housing models, where multiple individuals reside together in a single property. Coliving seeks to foster a sense of community and social interaction among its residents. While BTR emphasizes private living spaces, coliving promotes shared accommodations, encouraging residents to share not only common areas but also experiences. 

Coliving properties appeal more to a younger and more transient demographic seeking a social living environment. Generally, Build to Rent offers private, long-term rental homes with professional management, whereas coliving promotes shared living and community experiences in a more flexible and cost-effective manner.

Build to Rent & Urban Campus 

Urban Campus has entered the dynamic realm of Build to Rent and is embarking on several exciting ventures. In collaboration with key investors, they are harnessing the full spectrum of advantages that Build to Rent offers.

Urban Campus in Saint-Louis

Urban Campus is partnering with Nexity to introduce a BTR venture in Saint-Louis. Saint-Louis is an economically dynamic region with a transitioning rental market. The future property will offer a “multi-family” rental concept, creating a budget-friendly community for local tenants. 

Urban Campus in Massy & Marseille

Primonial REIM has collaborated with Nexity to acquire two BTR buildings in Massy and Marseille. Urban Campus will work in partnership to design these BTR properties.

The properties feature environmentally conscious design, offering a total of 175 units with private and shared outdoor spaces. They will also provide furnished common areas, enhancing the modern, community-oriented living experience. 

Are you ready to go thrifting? 

Thrifting is the art of hunting for budget-friendly, second-hand goods that have been donated to thrift stores for resale. A vintage shop, on the other hand, is a retail store that carefully curates a selection of well-preserved and sought-after vintage pieces, offering a taste of fashion from past decades. 

Thrifting and vintage shopping have soared in global popularity in recent years, thanks largely to their sustainability benefits and original selection of clothing. France, with its rich fashion heritage and thriving thrift store culture, stands out as a remarkable destination for this type of shopping. Whether you are wandering through the chic streets of Paris or exploring small flea markets in picturesque towns, you’re sure to discover extraordinary finds while thrifting your way through France. 

Thrift Shops in Paris

Fanny Miami

Fanny Miami is an eye-catching vintage store in Paris, with an exterior decorated in elaborate graffiti art. With a distinct 70s vibe and an impressive collection dating back to the 30s, it’s the go-to spot for affordable nostalgia that appeals to everyone from fashion amateurs to professional stylists.

• Location: 41 rue Jules Vallès Puces de Paris Saint-Ouen
• Price Range: €€

Free’p’Star

Another iconic place for vintage shopping in Paris is Free’p’Star. This store has three complete floors of merchandise, showcasing an extremely large selection of clothes from the 70s-90s. Free’p’Star is located in the heart of Paris and known for their affordable prices. Also, their clothing is organized without gender-based divisions, making it even easier for shoppers to get experimental with their personal style. 

• Location: 93 Rue de la Verrerie, 75004 Paris
• Price Range: €€

The Kilo Shop

The Kilo Shop offers a truly one-of-a-kind shopping experience, allowing you to purchase clothes based on their weight. That’s right – you pay for your clothes by the kilo.

Clothes are sorted into different color categories, which correlate to their price per kilo. These categories range from 20 to 60 euro per kilo, depending on the style and quality of the merchandise. The Kilo Shop experience isn’t just limited to the French capital, as you can also find these stores in Nice, Lyon, Marseille and Lille. 

The Kilo Shop has several thrift stores in Paris. Here are some of them:

• 69-71 Rue de la Verrerie, 75004 Paris
• 125 Boulevard Saint-Germain, 75006 Paris
• Price Range: €€

Thrifting in Marseille 

Space Vintage

Space Vintage is a small, unique shop located near the main railway station (St. Charles) and the central Canebière road in Marseille. They specialize in high-quality items, featuring top brands and collector’s pieces.

In addition to a selection of clothes and accessories, you can find jewelry, handbags, shoes, and other fashion accessories. It’s definitely worth a visit.

• Location: 2 rue de la grande armée 13001 Marseille 
• Price Range: €€€

Emmaüs Pointe-Rouge

Emmaüs Pointe-Rouge is a thrift store with a meaningful purpose. This store supports social causes while providing a diverse range of secondhand goods, including clothing, furniture, and more. Emmaüs is committed to social responsibility, working with a team of volunteers to launch different initiatives to combat poverty and homelessness. 

• Location: 252 Boulevard de la Pointe Rouge, 13008 Marseille
• Price Range: €€

Thrifting in Lille 

Maiterama Vintage

In the Old Town of Lille, you’ll stumble upon this charming boutique that specializes in vintage fashion from the 1990s and 2000s. At Maiterama Vintage can discover a wide range of merchandise, everything from corsets to jackets to swimsuits. The founder, Maïté, personally hunts for these unique pieces during her spare time. Selections are available every Saturday afternoon.

Location: Maiterama Vintage, 2bis Rue Princesse, 59800 Lille

Price Range: €€

Be Bop Vintage

Located just steps away from the Palais des Beaux-Arts, Be Bop Vintage is a well-established store filled with vintage luxury. They offer an array of high-end fashion pieces from celebrated designers such as Jean Paul Gaultier, Dolce & Gabbana and Versace. However, they also have a selection of more affordable options. It’s the ideal destination for those looking to embrace the fashion trends of the 80s and 90s. 

Location: Be Bop Vintage, 2 Rue Nicolas Leblanc, 59000 Lille

Price Range: €€€

Fripeur Le Dauphin

Fripeur Le Dauphin has gained a reputation for its cutting-edge streetwear collection and its strong commitment to achieving zero waste. Motivated by the aspiration to transform the consumption patterns of their local community, the thrift shop’s founders embarked on their mission to combat fast fashion and wasteful practices. They work alongside local organizations deeply committed to environmental sustainability.

• Location: Fripeur Le Dauphin, 90 Grande Rue, 59100 Roubaix
• Price Range: €€

Thrifting in Lyon 

Fripes Ketchup

Fripes Ketchup in Lyon feels like a designer’s dream. The store has the precision of a high-end boutique, with organized racks filled with clothing and accessories. Their elaborate window displays will captivate you, creating a shopping experience that’s both chic and distinct. There is even merchandise creatively suspended from the ceiling. 

• Location: 25 Rue Sergent Blandan, 69001 Lyon, France
• Price Range: €€

Elephant Vintage

At Elephant Vintage Store in Lyon, you’ll find a carefully curated collection of 90s vintage clothing, particularly focused on sportswear and streetwear. What makes this shop stand out is its staff’s exceptional knowledge. They are well-versed in garment history and can offer insights into specific designers and fashion trends. 

• Location: 19 Rue Hippolyte Flandrin, 69001, Lyon, France
• Price Range: €€

Tips for thrifting

• Bring Cash: Although rare, some thrift stores prefer or only accept cash payments.
• Patience Pays Off: Be prepared to scan the racks and hunt for great finds. They won’t always jump out at you like at a traditional clothing store. 
• Bring Hand Sanitizer: It’s a good idea to carry hand sanitizer since many clothes may not be washed before resale. This is especially true if you’ll be visiting several different stores during your shopping trip.
• Stay Open-Minded: Thrifting is the perfect time to experiment with your style. Try new things and think outside the box.
• Reusable Bags: Bring your own reusable bags to carry your purchases, as many thrift shops do not provide bags upon purchase.

In recent years, a new housing trend has been sweeping across big cities worldwide, offering a fresh approach to communal living. Known as coliving, this housing model has gained immense popularity for its innovative approach to shared living spaces. As this concept continues to grow and gain public attention, you might find yourself wondering…what is coliving? Well, we are here to help explain exactly that. 

What is coliving?

Technically speaking, coliving is a broad term that encompasses various communal living arrangements. Coliving involves sharing a living space with like-minded people of a similar age group, which in turn fosters a sense of community and connection. Professional hosts typically manage coliving spaces and facilitate the communal experience, unlike with traditional roommates. Here are some key characteristics of coliving:

• Intentional Community: Communities are often formed with a specific purpose, uniting people who share similar values, interests, or lifestyles.
• Flexible Design: Spaces are flexibly designed and fully furnished. Residents can move in without the hassle of setting up a home from scratch.
• Multiple Roommates: There are typically five or more adult roommates who live together.
• Flexible Leases: Most arrangements offer flexible lease terms, allowing residents to adapt their stay easily and according to their needs.
• Convenient Perks: There are special amenities like cleaning services, making daily life more comfortable and convenient.

Different types of coliving

Informal (or “Traditional”) Shared Housing

This type of coliving involves a group of individuals who share a lease and furnish a home together. People can form these shared housing arrangements through personal networks, and with the help of platforms like Facebook and Instagram.

Adult Dorms

Similar to university dorms or hotels, adult dorms feature private rooms surrounded by common areas. A large number of residents share these common zones and communal spaces, and also share useful amenities. Spaces like these are typically built to house a large number of residents, around 100 or more. 

Co-ops

Cooperative housing involves residents who collaborate to manage the house they are living in, taking turns with tasks such as cleaning and cooking. Residents living in co-ops set their own rules and manage the space themselves. The number of residents can range from 15 to over 100. 

Co-housing

Co-housing communities consist of single-family homes within one large, common house. Residents share green spaces and often organize events, creating a close-knit community.

Coliving Trips

For a short term, activity-packed experience, coliving trips bring together entrepreneurs and digital nomads from diverse backgrounds in a new place.

Coliving Spaces & Buildings

Coliving spaces are specially designed environments where like-minded individuals of similar ages and values live together. These spaces often revolve around a sense of creativity and entrepreneurship. Each resident has their own private unit, which can range from smaller studios to larger apartments. Plus, the provider typically organizes a variety of community activities that residents can enjoy.

What is the difference between coliving and roommates?

While coliving involves shared living spaces with a community-oriented approach, roommates typically refer to individuals who share living space without any sort of structured community. Coliving often emphasizes shared values and experiences, while roommates may simply share the cost of housing.

Who is coliving for?

Coliving is suitable for a wide range of individuals, including:

• Young People: Especially those looking for people with similar interests and desires.
• Open-Minded Individuals: Those looking to expand their social network and embrace a sense of community.
• Newcomers: People who are new to an area or city and want to quickly integrate into a community.
• Professionals and Entrepreneurs: Particularly those seeking an environment filled with creativity and passionate individuals.
• Community Enthusiasts: Those who value being part of a supportive community that fosters personal growth.

At Urban Campus, we have designed our spaces with young professionals in mind. We welcome people from all corners of the world, often between the ages of 25 and 40, who are freelancers or entrepreneurs, or who work for startups or larger corporations.

What are the advantages of coliving?

• Knowledge Sharing and Networking: there is increased encouragement of professional and personal networking, allowing residents to learn from each other.
• Ease of Making Friends: It’s easier to meet new people and make friends, especially in a new city.
• Inspiration for Creativity and Collaboration: The diverse and dynamic environment can spark new creative ventures.
• Flexible Leases: There are often flexible lease terms to accommodate residents’ changing needs.
• International Environment: Coliving often brings together people from all over the world, creating diverse cultural communities.

Why is coliving so popular?

Several key factors explain the popularity of coliving. In an age marked by digital interactions, the desire for genuine community and connection has driven many people to embrace coliving as a means of forging meaningful relationships. Additionally, the convenience and amenities enhance the quality of daily life, especially since flexible lease terms cater to those with changing plans. Furthermore, coliving’s appeal lies in its ability to draw individuals with inventive and creative spirits, fostering innovation and collaboration.

Why stay with Urban Campus?

Since 2016, Urban Campus has been creating top-notch coliving spaces for young professionals in France and Spain. Here’s why we believe our spaces are the best around. 

• Flexible Leases: We require only a 30-day notice period for changes or cancellations, providing flexibility to residents.
• Long-Term Community: The average stay at Urban Campus is 12 months, fostering the development of long-lasting relationships.
• All-Inclusive: We provide everything from furnishings and utilities to cutlery, plates, Wi-Fi, cleaning, and laundry. You only have to worry about one payment each month for everything. See everything included in our spaces here.  
• Simplified Online Process: Urban Campus offers a streamlined online application process for a hassle-free experience. 
• Built-in Community: Our exciting monthly events, including everything from language exchanges to beer tastings to sports tournaments, create a vibrant sense of community.

FAQs about coliving

Is coliving available for couples? 

• Yes, at Urban Campus we can accommodate couples.

What is the average length of stay? 

• At Urban Campus, the average length of stay is 12 months.

How can I find more information? 

• To learn more, you can explore our different Urban Campus spaces on our coliving page.

Can I cancel or extend my stay? 

• Of course! You can cancel your stay at Urban Campus with a 30-day notice period after the initial minimum stay duration. The minimum stay duration depends on your specific city and space. 

How many people live in France? 

France is home to approximately 64.7 million people, making it one of the most populous countries in Europe. France’s rich cultural heritage, world-famous cuisine, and historical landmarks attract people who want to live in France from all over the globe, contributing to its dynamic and multicultural society.

How much money do you need to live in France? 

The cost of living in France can vary significantly depending on the city or region you choose to reside in and your personal lifestyle preferences. In general, larger cities like Paris tend to have a higher cost of living compared to smaller towns and rural areas. On average, a single person might need a monthly budget of around €1,200 to €2,000 for basic living expenses, including rent, food, public transportation, and healthcare. However, this amount can be higher or lower depending on your specific circumstances and choices.

The best places to live in France 

The best places to live in France can be a matter of personal preference and priorities. Some popular cities and regions known for their quality of life and cultural attractions include Paris, Lyon, Bordeaux, Nice, and the French Riviera. Each of these places offers unique experiences, such as world-class cuisine, UNESCO world heritage sites, beautiful landscapes, national museums and vibrant arts scenes. 

Lille, France is another fantastic place to consider when looking for the best places to live in France. This vibrant city, located in the Hauts-de-France region, offers a unique blend of French and Flemish cultures. Lille is known for its rich history, stunning architecture, and a thriving arts and music scene. It’s also home to numerous universities and educational institutions, making it an attractive option for both students and young professionals.

Ultimately, where to live in France will depend on your individual needs and interests. It’s a good idea to research different areas and weight all the pros and cons of moving to France. 

So, you want to live in France…do you need to speak French? 

In short, yes. Learning French is an absolute necessity when moving to France. Regardless of your destination within the country, getting a grasp of the French language is imperative to integrate into the society and feel comfortable in the long-term. While English may be spoken by some in larger cities, the preference for French is evident. Learning the language is the key to truly connect with French people in daily life, work, or social interactions. Plus, French is the official language of 29 different countries around the world, making it quite a worthy investment to learn. 

Here are some basics to get you started…

• Hello – Bonjour
• Goodbye – Au revoir
• Please – S’il vous plaît
• Nice to meet you – Enchanté(e)
• Thank you – Merci
• What time is it? – Quelle heure est-il ?
• Do you speak English? – Parlez-vous anglais ?
• How are you? – Comment ça va ?
• I’m great, thanks – Je vais bien, merci

Working in France 

If you’re considering working in France, there are key aspects of the work culture to keep in mind. France is known for its 35-hour workweek, established as a labor reform in the year 2000. Working hours tend to vary by location and company, as many people claim that the 35-hour workweek can be somewhat of a myth. However, if you are working in France, you can definitely count on a large number of paid holidays. 

In general, the French take two things very seriously – leisure time and food.  Notably, lunch breaks can last up to two hours and are considered sacred. It was even previously prohibited by the French labor code to eat lunch at your desk. 

Healthcare & Retirement 

Healthcare in France is renowned for its high quality and accessibility. The country has a universal healthcare system known as “La Sécurité Sociale,” which provides comprehensive coverage to all residents. The healthcare system even extends to expats living in France who meet certain criteria. French healthcare is funded through a combination of employer and employee contributions, along with government subsidies.

Get ready to travel

Before making your move to France, it’s advisable to establish a travel budget. Traveling within France is incredibly convenient, with an extensive urban transportation network and high-speed trains connecting various regions. Whether you’re settling in a bustling city or a charming town, having a dedicated travel fund allows you to explore the country. France offers iconic destinations like Paris, Marseille, and Nice, but the country is brimming with many places worth discovering. A few of our favorites include…

Annecy

• Annecy, France, just 35 kilometers south of Geneva, Switzerland, is a place of immense charm and romance. The city sits at the northern edge of Lake Annecy, which boasts the title of “Europe’s cleanest lake.” Its allure is amplified by two beaches; Plage la Brune in Veyrier-du-Lac and Plage Municipal in Saint-Jorioz. These spots offer delicious restaurants, pristine waters and even lifeguard patrols, making Annecy a must-visit destination for those seeking natural beauty and relaxation.

Carmague

• Camargue, situated in the south of France, has a breathtaking and distinctive landscape. It is situated between the Mediterranean Sea and the delta of the Rhône River. The region is characteristzed by vast salt marshes, reed beds, and the presence of free-roaming white horses. Not to mention, Camargue harbors hundreds of bird species, including the majestic pink flamingo. 

Sports & Lifestyle in France

Sports are definitely a cornerstone of French culture, with tennis, football, and cycling ranking amongst the most popular nationally. 

Tennis: Tennis holds a significant place in French culture, with a legacy spanning many decades. France has made substantial contributions to the sport’s development, highlighted by the prestigious French Open. This international tournament is one of the four Grand Slam events, along with the Australian Open, Wimbledon Championships, and the U.S. Open.

Football: Football is one of the most beloved sport in France, and is generally overseen by the French Football Federation (FFF). This national governing body manages all aspects of football, from amateur to professional levels. France has a strong historical presence in FIFA World Cup competitions, consistently performing well on the international stage.

Cycling: France is practically synonyms with cycling, hosting the renowned Tour de France. This annual cycling competition spans three weeks, encompassing various stages that traverse the Pyrenees and the Alps before coming to a finish at the Champs-Élysées in Paris. 

Visas and Residency 

Visas and residency in France vary depending on your nationality, intended length of stay, and purpose for being in the country. If you’re a citizen of a European Union (EU) or European Economic Area (EEA) member state, you can live and work in France without a visa or residence permit.

How can I move to France as a non EU citizen? 

For non-EU nationals, there are several visa categories, such as tourist visas, student visas, and work visas, each with specific requirements. To become a permanent resident, you may need to live in France for several years under a long-stay visa. You will need to meet certain conditions, including language proficiency and certain metrics of integration into French society. Dealing with the bureaucracy in France can be a challenge, as governmental processes are quite lengthy. 

For those seeking French citizenship, you typically need to have lived in France for at least five years (sometimes less in specific cases, like marriage to a French citizen) and demonstrate your commitment to the French way of life. France has strict immigration laws and policies about expats living in France, so it’s crucial to consult with the French consulate or embassy in your home country or seek legal advice.

Renting an apartment in France can be difficult 

When moving to France to work, securing a rental can be a challenging process. This can be even more challenging if you are moving to France to study. When working with a real estate agent, or “agent immobilier”, you’ll typically encounter administration fees covering services like property search, viewing arrangements, lease agreements, and key handovers. Additionally, you’ll need to provide essential documentation, including a passport or valid ID, proof of French residency status, and proof of income, usually in the form of three months’ bank statements. If you’ve previously rented in France, references from past landlords may also be required. 

Renting directly from a landlord (particulier à particulier) is a more cost-effective option, but it can carry higher risks if not handled correctly. Thorough contract arrangements are crucial. Additionally, most rentals through private landlords in France are for unfurnished properties.

Attempting to secure a rental from abroad can be almost impossible, with many French agencies unresponsive. Many expats moving to France book lodging through platforms like Airbnb for their initial weeks in France to simplify the process. 

Urban Campus

If you’re on the hunt for the ideal place to live in France, consider Urban Campus your ultimate solution. With coliving spaces spread across various French cities, we offer an array of private rooms and studios to suit your preferences. Our facilities have inviting common areas like lounges, patios, gyms, coworking spaces, and entertainment rooms, fostering a vibrant community atmosphere. You also have the opportunity to connect with fellow young professionals through our organized events. 

What makes Urban Campus truly hassle-free is our all-inclusive approach – from furniture and WiFi to electricity, cleaning services, and laundry, everything is conveniently bundled into a single bill. Plus, our seamless and virtual booking process simplifies everything. Check out our coliving spaces and get ready for your move to France. 

When it comes to the world of real estate investment, there are two primary categories that prospective investors often consider: commercial and residential properties. Both of these categories serve distinct purposes, offer unique advantages, and require different strategies for success. In this comprehensive guide, we will explore the benefits of commercial vs. residential real estate, as well as emerging real estate trends. Plus, we will outline some essential steps to embark on a successful real estate investment journey. 

Types of Real Estate: Commercial vs. Residential Real Estate

The fundamental distinction between commercial vs. residential real estate lies in their intended use.

Commercial properties encompass a wide range of real estate assets, including office buildings, retail spaces and industrial warehouses. These properties are primarily used for business activities, typically housing commercial tenants who rent space for various business operations.

Residential properties, on the other hand, include single family homes, duplexes, apartments, condominiums and multifamily properties. These properties are designed for individuals and families looking for a place to call home. 

Benefits of Commercial vs. Residential Real Estate

Commercial Real Estate

Commercial properties offers a range of advantages for real estate investors. First, commercial properties often provide higher rental income potential compared to residential properties. Businesses are usually willing to pay a premium for space in areas with high foot traffic and visibility, making commercial properties a potentially lucrative investment. Stable, long term leases are also a common feature of commercial real estate. Commercial leases can be more lengthy than residential ones, providing more security for the investor. Commercial tenants often commit to multi-year leases, reducing turnover and vacancy rates.

Residential Real Estate

Residential leases typically come with predictable rental income, as residential tenants are often individuals or families seeking a stable place to live. Lease terms are generally shorter, providing opportunities to adjust rental rates more frequently. Managing residential properties can be less complex, especially in the case of single-family homes or small multifamily properties. Plus, residential properties can also experience property appreciation over time, contributing to the overall return on investment.

Steps to Embark in Real Estate Property Investment

Depending on your interests and goals regarding commercial vs. residential real estate, it is important to consider the following…

• Educate Yourself: With commercial properties, begin by thoroughly understanding the types of commercial properties available and their associated risk profile. Consider the specific requirements of businesses in your target market. For residential properties, gain a deep understanding of the local residential real estate market, property types, and tenant demographics. Stay informed about current market trends.
• Secure Financing: Explore various financing options, including initial costs and loans with lower loan-to-value ratios. Assess your financial capacity to determine the best financing approach.
• Conduct Due Diligence: Conduct thorough market research, evaluating property potential for long-term growth. Assess factors such as location, market demand, property condition and property management requirements. 
• Network: Focus on building relationships with commercial or residential real estate agents, brokers, and property owners, and even local real estate investment groups. Networking can provide insights into market trends and opportunities.
• Lease Negotiations: Develop strong negotiation skills, and familiarize yourself with applicable laws in your area. Understanding the needs of your future tenants is crucial to this step.

Residential Real Estate in Spain

The residential real estate market in Spain remains a robust sector for investment. In 2022, home sales in Spain increased by 14.7%, totaling 649,712 transactions, as reported by the National Statistics Institute (INE). This figure is the second-highest in history, only surpassed by the year 2007. Notably, the most significant transactions occurred in major cities like Madrid, Barcelona, Málaga, Sevilla, and Valencia, where populations exceed 50,000. 

The entire year of 2022 marked a historic high in residential market investment, totaling 15.4 billion euros. This demonstrated a 35% growth compared to 2021 and a 21% increase over the previous peak in 2019. Additionally, investment in Build-to-Rent (BTR) and Private Rental Sector (PRS) projects reached a historic high at 2.6 billion euros in 2022. These numbers highlight the enduring strength of Spain’s residential real estate market.

Coliving 

Coliving is a rapidly growing real estate trend gaining popularity not only in Europe but on a global scale. It involves residents sharing a property, often a spacious house, building, or multi-bedroom apartment, with private rooms for each tenant and communal spaces that foster a sense of community. The growth of coliving can be attributed to shifting socioeconomic dynamics like increasing housing costs and changing lifestyle preferences. All of these factors offer promising prospects for the continued development of the coliving sector.

Coliving occupies a unique position in the real estate landscape, as coliving properties can be managed commercially or residentially. Urban Campus, for instance, takes a residential approach to managing coliving spaces. Our properties have a diverse range of private units and lively communal areas, such as lounges, coworking spaces, terraces, gyms, shared kitchens, and patios. An additional value of coliving is the strong sense of community. At Urban Campus, we organize engaging events that help facilitate these connections, which can be especially meaningful in the midst of a bustling urban city.

Check out Urban Campus’ most recent real estate projects here: 

• New coliving announced in Madrid, “Cuatro Caminos II”  coming in 2024
• Urban Campus opening 6th building in Madrid, near Plaza Mayor
• 78 studio coliving in Bagneux
• Two build-to-rent buildings acquired by Primonial REIM

Les Halles de La Maillerie

If you are curious to get to know La Maillerie, you must discover the culinary utopia known as Les Halles de la Maillerie. Nestled in La Maillerie near the border of Belgium, Les Halles de La Maillerie is one of the many innovative Biltoki food markets scattered around France. Here, friends, families and local artisans connect over delicious food, refreshing drinks, and regional specialities. Les Halles de la Maillerie has become a well-known destination, firmly establishing itself as a cornerstone of the culture in Villeneuve d’Ascq, Croix, and the surrounding areas.

The History of Les Halles – What is Biltoki? 

Les Halles de La Maillerie is part of the Biltoki food market network. This is a global network of marketplaces focused on reimagining the traditional market experience. The concept of Biltoki was brought to life by four visionary co-founders, all from the French Basque country: Jerome Lesparre and the Alman brothers –Romain, Bixente, and Xabi. In fact, “Biltoki” is a Basque word which means “a place for people to gather.” 

Biltoki’s remarkable journey began in 2009. This group of co-founders made a collective decision to leave their established careers and return to the French Basque Country. Initially interested in real estate projects, their path took an unexpected turn in Anglet, France when they stumbled upon a historic building with vacant space. Determined to create something meaningful, they sought input from the local community. They quickly uncovered a resounding desire for a fresh food market. The founders began recruiting local vendors and artisans, wanting to highlight local and regional specialities. Soon, Biltoki’s inaugural venture, the “Halles des 5 Cantons” was born. 

Biltoki markets today 

Nearly 14 years later, Biltoki markets have a presence in seven cities. They even have plans to expand into several different countries. At the heart of Biltoki’s mission is the commitment to uniting the finest local artisans in each town. They shine a spotlight on the both unique and popular products crafted by these local artisans, celebrating the unique flavors and culture of each region. 

Opening Les Halles de La Maillerie

In December 2021, Biltoki ventured into Northern France with the opening of Les Halles de La Maillerie. This marked a significant milestone for the co-founders, as it was their first project in this region. Spanning just over 1000 square meters, Les Halles de La Maillerie can host up to 25 independent vendors. Here, local artisans from Villeneuve d’Ascq, Croix, and other areas in Lille are able to find new sales opportunities and increased visibility.

Les Halles has a variety of food vendors and goods to explore. These include merchants of wine, cheese, sweets and fresh produce. Plus, you’ll find butcher’s shops, coffee stations, bakeries, fish & chips, and italian specialities. With so many culinary offerings, you can visit the weekly markets at Les Halles many times and always try something new. 

Les Halles Biltoki resides in an old historic building, formerly home to the renowned 3 Suisses e-commerce company. Its transition into a Biltoki food market was more than just a renovation. The transformation was meaningful, breathing new life into a space steeped in local history. The founders were also drawn to the evolving district project and renovations taking place in La Maillerie. Our team at Urban Campus is thrilled to play a role in this district project, with our new coliving space opening in La Maillerie in 2024. 

Les Halles de La Maillerie stands out for its warm and familial ambiance. The market is defined by a sense of close-knit community and familiarity. Loyal customers are always returning to their favorite tables, snacks, and cherished merchants. There are also a plethora of events and activities like live music concerts, food festivals, tastings and culinary events, and even karaoke. These events enliven the local community, further cementing Les Halles as an essential part of La Maillerie’s cultural fabric. 

Café Biltoki

At every Biltoki market, you’ll find the heart and soul of the venue – the Café Biltoki. These bars and cafés, owned and operated by the founders themselves, serve as a common thread connecting the diverse array of Biltoki markets. Whether you’re craving a glass of wine, shot of espresso, or some engaging conversation, the café is the perfect place to do so. Beyond serving visitors, this is also a place where vendors can gather after a day of hard work.

The Biltoki Cafés epitomize the four fundamental values that define Biltoki. These are authenticity, commitment, audacity and hospitality. Authenticity is paramount, as Biltoki is a family-owned business and strives to remain true to its roots. Commitment drives their efforts to positively impact communities through urban revitalization and local artisan support. Audacity fuels their innovative and boundary-pushing approach, challenging norms and trends. Lastly, hospitality is at the core, creating warm and inviting marketplaces where everyone feels welcome. 

Where to find Les Halles de La Maillerie 

Directions

64 allée des Mannequins, 59650 Villeneuve d’Ascq

Bus 32: station le sart nord

Tram: station le sart

Subway: station croix centre

Hours

Monday: closed

Tuesday – Wednesday: 8h00 – 14h30, 16h30 -19h30

Thursday – Friday: 8h00 – 14h30, 16h30 – 22h30

Saturday: 8h00 – 22h30

Sunday: 8h00 – 15h

September 14th, 2023

• In Interiors writes about Urban Campus’ expertise in Build-to-Rent (BTR) real estate, reflecting on the general growth of coliving and BTR opportunities. 

What is Build-to-Rent?

Build-to-Rent (BTR) is an Anglo-Saxon concept that spans much broader than just coliving. Urban Campus, founded in 2016 and with current operations in France and Spain, specializes in BTR. Build-to-Rent involves an investor purchasing an entire building for rental purposes and entrusting its management to a professional operator, like Urban Campus. BTR buildings typically include some form of private living spaces, ranging from shared rooms to one-bedroom or two-bedroom units. They also offer various shared spacious and optional services tailored to different target demographics.

Build-to-Rent differs from coliving in several ways. In coliving, rent typically includes utilities, internet, and cleaning services. Build-to-rent apartments may not always be furnished, and the services tend to be more varied. BTR complexes still feature shared amenities like coworking spaces, communal kitchens, fitness rooms, and game rooms. In both cases, common spaces are accessible to residents without the need for reservations or additional payments, creating a unique blend of private and shared living experiences.

Advantages of Build-to-Rent Real Estate

Maxime Armand, co-founder and director of operations at Urban Campus, emphasizes the benefits of BTR. Some advantages include well-designed apartments with essential amenities, simplified daily living, convenient services, and a strong sense of community. He also discusses Urban Campus’s ambition to create residential products that cater to a wider audience, building upon their current expertise in France and Spain.

Urban Campus is actively working on several Build-to-Rent projects in collaboration with real estate partners and investors. These projects include apartment complexes with various unit sizes, shared spaces, and additional amenities. Urban Campus aims to expand its portfolio to manage approximately thirty residences by 2026.

Read the original article from In Interiors here.

Have you heard of coworking? 

In a world where work dynamics are frequently shifting, coworking has become a game-changer. In 2020, many of us became remote workers and enjoyed the flexibility of working from home. But as we slowly swapped suits for pajamas and office spaces for bedrooms, the value of office socialization became evident. On the other hand, the traditional routine of dressing up and commuting to an office Monday – Friday remains largely unappealing. The benefits of coworking spaces help solve this dilemma. Coworking blends these two worlds for a healthy balance of work autonomy and community. 

Why are coworking spaces important? 

In its most basic definition, a coworking space is a neutral space where individuals from various professional backgrounds come together to work. Coworking spaces are havens for freelancers, digital nomads and remote workers. They also welcome employees whose companies opt for a flexible workspace. In the shared office, there are people from different companies and industries, fostering a vibrant cross-pollination of ideas and collaborations. Plus, coworking spaces often boast many shared amenities you’d find in a traditional office.

History of the coworking revolution

The concept of coworking emerged in the early 2000s, offering freelancers a much-needed alternative to working from home or local cafes. Prior to this, the concept of coworking can be traced to “Hackerspaces” created in Berlin in the 1990s. These spaces were designed to welcome and foster work collaboration among different computer enthusiasts. 

The term “coworking” was officially coined by Bernard DeKoven in 1999, initially emphasizing a collaborative work approach rather than a physical space. In the following years, coworking spaces as we know them today started appearing in Vienna, Austria (2002), and San Francisco, USA (2005). Starting in 2006, the number of coworking spaces worldwide doubled annually, and this trend continued for seven years straight. 

What are the benefits of coworking spaces?

Many notable businesses like Instagram, Uber, and Spotify all had their beginnings in coworking environments. Now, in 2023, there are over 5 million coworkers and 19,000 coworking spaces globally. Let’s take a look at some of the benefits of coworking spaces that have helped to fuel this rapid growth.

Coworking reduces loneliness  

Anyone who has worked completely remotely knows that loneliness can be a real challenge. One of the remarkable benefits of coworking spaces is the opportunity to build meaningful community. These spaces encourage professionals from various backgrounds to exchange ideas and build relationships beyond their own companies and fields. Working in a coworking space eliminates the solitude of a home office, and gives you potential for more professional connections and friendships. On average, 89% of members report being happier after joining a coworking space.  

Productivity and creativity

Coworking spaces have proven to be instrumental in boosting productivity, with a staggering 74% of coworkers reporting increased efficiency. This surge in productivity is attributed to the heightened social and collaborative atmosphere. Additionally, coworking spaces offer a greater degree of job control, allowing coworkers to tailor their work environment to suit their preferences. Whether it’s opting for a quiet, focused corner or a more social, interactive setting, coworking spaces empower professionals to customize their work experience. This ultimately contributes to enhanced productivity.

Business tools & support 

Coworking spaces offer many crucial resources that parallel those found in conventional office settings. These resources typically include meeting rooms and collaborative workspaces, plus fundamental tools like printers and copiers. Depending on the coworking space, you can also expect to find coffee makers, lockers, bike racks, community managers, and sometimes special features like meditation rooms and creative studios. These tools are a cost-effective solution for freelancers and digital nomads who often lack access to essential work resources. 

Hotspots for collaboration & networking opportunities  

Coworking spaces are dynamic hubs for collaboration and networking opportunities. These spaces foster an environment where individuals from diverse backgrounds can all interact, fueling opportunities for connection, ideation, and meaningful relationships. With professionals working on a wide range of projects and ventures, coworking spaces naturally facilitate networking. It is easier to to create fresh ideas, foster collaborations, and even ignite new career possibilities.

Coworking with Urban Campus 

If you’re intrigued by the concept of coworking, explore our Urban Campus spaces.

At Urban Campus, we offer premium coliving spaces, each featuring an integrated coworking area. This coworking facility is seamlessly included in your rental package, alongside an array of communal amenities, including lounges, terraces, shared kitchens, and fitness centers. You have the flexibility to choose from a variety of private accommodations, whether it’s rooms, studios, or apartments, all while enjoying social environments of our shared spaces. Moreover, we host weekly events to facilitate socializing and community-building, helping you get connected with a supportive community.

Did you know that Madrid hasn’t always been the capital of Spain? 

That’s right – Toledo served as the capital of Spain for almost 200 years. Toledo is one of the most heralded cities in all of Spain, known for its renowned culture and deep history. The city is filled with stunning views, historic architecture and many authentic elements of Spanish culture. Come with us and discover more about one the best day trip from Madrid – Toledo, Spain.

Toledo’s unique history 

Toledo served as the capital of Spain from 542 to 725 CE, after the decline of the Roman Empire. The city sits atop a steep rock and is defined by its proximity to the Tagus river, which surrounds it on three sides.

The Tagus river is the longest waterway in the Iberian Peninsula. It stretches from Spain’s eastern Albarracín region all the way to the Atlantic Ocean near Lisbon, Portugal. Toledo remains the capital of the Spanish autonomous community Castilla-La Mancha and is a popular destination for tourists and spaniards alike. 

Often called the “City of the Three Cultures,” Toledo, Spain has a unique mixture of Christian, Islamic, and Hebrew culture. These 3 cultures coexisted peacefully for centuries, which led to a natural interchange of traditions, architecture and art. In 1986, Toledo was designated a UNESCO World Heritage Site due to its rich cultural heritage, highlighting its significance in preserving the shared history of these diverse communities. You will still find cathedrals, mosques and synagogues throughout the city, each embellished with remarkable detail. 

Wondering what to do in Toledo? Check our recommendations below.  Grab your fellow colivers and take a day trip from Madrid to Toledo, Spain!

Puente de Alcántara

The Puente de Alcantara is one of the most beautiful historic bridges in Toledo. Dating back to Roman times, it once served as the sole gateway for pilgrims entering the city. The bridge gracefully spans the Tagus River, offering a timeless connection between past and present. A visit during the night is especially enchanting, as the lights of the city and the nearby Alcazar create magical views of Toledo. 

The Alcázar of Toledo 

The Alcázar of Toledo, perched at the city’s highest point, is an ancient fortress with a rich history. It has served different purposes over the centuries as a royal residence, fortress, and official government building. Nowadays, it houses a military museum dedicated to the Spanish army. Don’t miss the impressive views from the top balcony, offering a one-of-a-kind perspective of the city. 

Cathedral Primada

The Cathedral Primada is the city’s primary cathedral and a must-see attraction in Toledo. It has a striking Medieval Gothic style, and showcases an art gallery with renowned artists such as El Greco, Goya, and Velázquez. Want a panoramic perspective? You can climb to the cathedral’s 44-meter-tall tower to see panoramic views of the city. 

Monastery of San Juan de los Reyes 

Nestled in the heart of Toledo’s historic Jewish quarter is the Monastery of San Juan de los Reyes. Completed in 1495, the monastery is a splendid example of Elizabethan Gothic style, with coffered, high ceilings and elegant buttresses. Plus, there are lush gardens that offer a place for stillness and reflection. As one of the most important structures commissioned by the Catholic Monarchs, this monastery stands as a testament to their legacy. 

Puy du Fou

A visit to Puy du Fou promises an unforgettable experience immersed in history and captivating storytelling. Puy du Fou is a spectacular park with immersive theatrical shows that have earned national acclaim. These shows recreate historical tales, bringing the past to life with actors, costumes, and elaborate sets. The park also offers options for dining, accommodations, and mesmerizing fireworks displays at night.

Mirador del Valle

The Mirador de Valle is the ultimate vantage point. It has a reputation for the best views of Toledo, as you can see the entire cityscape and the winding river below. This breathtaking outlook inspired the iconic landscape painted by El Greco in his masterpiece, “Vista de Toledo”. You can walk to the Mirador del Valle from the Puente Nuevo de Alcántara, or take the convenient Trainvision from Plaza de Zocodover. 

Plaza de Zocodover

The Plaza de Zocodover, Toledo’s central square, is a bustling hub that links together many of the city’s main attractions. Serving as the historic heart of Toledo, it has long been a vital point of connection for the city’s residents and visitors. In the past, Zocodover was the go-to venue for trading horses and other animals. Today, it is adorned with diverse historical monuments, making it an ideal starting point for exploring the city’s rich heritage and vibrant culture.

Take a sword tour 

Toledo steel is known worldwide for its exceptional quality and craftsmanship. Toledo has long been a prominent center for traditional sword-making and metalworking. The distinctive Toledo steel technique involves encasing a steel blade within a wrought iron strip, a method designed to prevent the steel from bending or cracking. This meticulous craftsmanship gave rise to the belief that Toledo steel weapons possessed a “soul of iron,” known for their remarkable strength and durability. 

While the tradition of sword-making has become less prominent in recent years, a dedicated group of sword makers in Toledo continue to preserve and carry forward these ancient techniques. You can visit their shops and even take a tour to learn more about their craftsmanship.

How to get from Madrid to Toledo 

Traveling from Madrid to Toledo is an easy trip. You can head to the train station and take a high speed train, which takes approximately 30 minutes and costs 14 euros one-way. Alternatively you can take a bus, which is a one hour journey for approximately 6 euros. If you prefer flexibility, driving by car is another easy option, which takes around one hour. 

Whichever mode of transportation you choose, you certainly won’t regret taking one the best day trip from Madrid – Toledo, Spain. 

September 6th, 2023

• Urban Campus announces the opening of Cuatro Caminos II for 2024. This project is the second phase of the Cuatro Caminos Madrid Coliving, already operated by Urban Campus and located on Topete Street.
• This new coliving meets significant sustainability benchmarks. The project is build in alignment with the passivhaus standard, is carbon neutral, and will serve as a renewable energy producer. 
• Cuatro Caminos II will be the first coliving space with a wooden structural framework in all of Spain. 
• The developer and investor is the French group Batipart.

Cuatro Caminos II

Urban Campus, in partnership with Batipart, continues their leadership in the coliving space.

They are embarking on an innovative venture, constructing the very first coliving space with a wooden structural framework in all of Spain. Situated in the vibrant Tetuán district of Madrid, Cuatro Caminos II Madrid Coliving represents a significant step forward in the field of coliving, championing environmental sustainability and resource efficiency. This project is the second phase of the Cuatro Caminos Madrid Coliving, already operated by Urban Campus and located on Topete Street.

Cuatro Caminos II Madrid Coliving will span approximately 1,825 square meters with 32 units (rooms in clusters), each equipped with private bathrooms, shared kitchens and lounges. Residents will enjoy an array of amenities characteristic of Urban Campus coliving spaces. These include coworking zones, fitness facilities, a shared kitchen, an interior courtyard, terraces, and bicycle parking.

Leadership in Carbon Neutral Emissions

Efficiency and sustainability are at the heart of Urban Campus’s mission, and this project exemplifies their commitment. Many of the company’s buildings already hold prestigious sustainability certifications like BREEAM. However, Cuatro Caminos II Madrid Coliving stands out as their first project featuring a wooden structural framework, marking a pioneering achievement in Spain’s coliving landscape.

Furthermore, this coliving facility will be constructed in line with the Passivhaus standard and will achieve carbon neutrality, resulting in an impressive 80% reduction in energy consumption for its residents. The building will even serve as a renewable energy producer, generating 20 kWp of photovoltaic power. Notably, excess renewable energy will partially supply the neighboring building, the first phase of the coliving project, which is already operational. Thanks to its wooden structure and high-efficiency measures, the building will hold a CO2-neutral certification throughout its lifecycle.

The Growth of Urban Campus

Casilda Mulliez, head of Real Estate and Business Development at Urban Campus, expressed the importance of this project. “This new project is a significant reflection of Urban Campus’s strategic direction: leading new residential models that are not only efficient but also sustainable. We are one of the largest coliving operators and leaders in carbon-neutral assets, positioning us as a market reference.”

This is a collaborative project in which several actors are involved. Batipart, as developer and investor; sAtt, as architectural firm and Artelia as Project Manager, among others. Urban Campus has already participated in the development of the coliving architecturally and will participate in the design and conceptualization of the interior. They will also be in charge of managing the building.

Cuatro Caminos Madrid Coliving Phase I is already operational, while construction has commenced on the second building. The grand opening of Cuatro Caminos II Madrid Coliving is scheduled for the last quarter of 2024.