Coliving is enjoying a meteoric rise in Luxembourg, and current demographic and economic trends confirm its key role in the evolution of the real estate market. This housing model, which combines flexibility, shared services and community living, is attracting more and more residents looking for solutions adapted to a rapidly changing urban environment.
Natural population growth and positive net migration, largely supported by a dynamic job market, are contributing to a sharp rise in the number of households and thus to a growing demand for housing. In addition, major social transformations, such as couples starting to live together later and less lasting unions, are reinforcing this trend. As lifestyles evolve, the need for residential solutions adapted to new realities becomes ever more pressing.
By 2030, the region’s demographic and urban dynamics should generate around 5,900 additional households each year, generating an annual need for between 5,600 and 7,200 new homes. By 2060, projections indicate that Luxembourg could require between 243,000 and 324,000 additional homes to keep pace with population growth. This trend could also lead to the symbolic threshold of one million inhabitants being passed, underlining the importance of effective urban planning and innovative housing solutions to meet the expectations of this expanding population.
Coliving is positioning itself as the alternative of choice in the face of these challenges, particularly among young professionals and expatriates. In 2011, 33% of households in Luxembourg consisted of a single person, a figure that is set to rise to 43.9% by 2060. This phenomenon highlights the rise of smaller family configurations and the growing popularity of solo living. Of these single-person households, almost 45% are under 45 years of age, underlining the appeal of flexible, integrated housing solutions for young adults.
Coliving also meets the needs of another growing segment: childless couples, whose numbers are expected to reach 96,000 by 2060, and people living alone, estimated at 221,000 over the same period. These demographic trends, coupled with a thriving economy and strong purchasing power, reinforce the attractiveness of this housing model. Luxembourg boasts one of the world’s highest GDP per capita and sustained economic growth: this favorable economic environment is contributing to the emergence of new forms of housing that combine comfort, practicality and conviviality.
In light of these developments, coliving is emerging as a housing solution perfectly suited to new urban lifestyles. By offering optimized spaces, shared services and a community-oriented approach, it appeals to a population in search of flexibility and dynamism. Far from being a mere trend, coliving in Luxembourg is part of a profound transformation of the real estate market, offering an innovative and sustainable response to the housing challenges of tomorrow.