A new form of coliving is developing in Luxembourg. The authorities are offering developments for "syndicates" — groups of people who have joined together in a community — as opposed to the usual coliving buildings.
One such "syndicate" consists of three couples who have been friends for a long time. At some point, they decided to solve a housing problem together. They came up with the idea of building a house for all of them, rather than renting individually.
The city went ahead and proposed a housing project that would be able to house all the friends under one roof, giving them the space they needed. The building, which is still under construction, sits on several lots at once. It is much larger than a normal house.
This is not the only project the government is undertaking. Four more plots are now up for bid:
The new form of home ownership should be 10-15% cheaper than the usual purchase of an apartment from a developer. These figures are achieved by allowing owners to participate more actively in all stages of construction, thus saving on some aspects.
To participate, a syndicate must consist of individuals who do not own any real estate, land, or securities in construction companies.
Future homes may not be rented in whole or in part. The application deadline is January 12, 2024.