Engel & Völkers Licence Partner Pollensa > Blog > Coworking spaces - lucrative investment in the future

Coworking spaces - lucrative investment in the future

More and more professionals work as freelancers for companies or completely independently online. Not everyone has the possibility to have all the equipment at home or to equip an office. Many freelancers are looking for a way out of the solitude of a home office, where they miss the creative exchange of ideas with colleagues. Coworking spaces offer the opportunity to communicate with people from all industries. At the same time, they offer all the amenities of an open-plan office with modern conference rooms. For little money, everyone can flexibly use all of the equipment. It’s not surprising therefore that coworking spaces are in high demand throughout Germany.

- Large properties can be lucratively converted into increasingly popular, modern coworking spaces. But there are a few things to consider when it comes to equipment.

The perfect location for your daily work

The idea of coworking spaces is a trend that is growing extremely fast worldwide. The rental offices can be found in almost every major city in the world. In an urban environment, the shared offices are ideal for daily work or meetings with the first customers. Even small teams can meet there and work together without having to rent and furnish their own offices. The concept of coworking spaces is therefore perfect for anyone who only wants to tie up their finances in the short term or does not want to invest in equipment initially. Even large companies outsource project staff to an office on a temporary basis if their own rooms are too small or creative teamwork is required. 

Coworking spaces for digital nomads and creative people

Coworking means working together. For artists, writers or other creative people, a shared office in metropolitan areas is often too hectic. For start-ups, the foundation phase also often requires different impulses. That's why there are coworking spaces that are located close to nature. Here, digital nomads can work, relax, let their thoughts run free and take a holiday at the same time. With overnight stays on site, freelancers can experience community with others more intensively and also more creatively. Large buildings of all kinds such as former hotels, large houses in the mountains, fincas on Mallorca or a winery in France are ideally suited for this purpose.

Coworking spaces: a wide range of equipment and a special flair 

The more flair a building has, the more suitable it is as a coworking space. Open-plan offices primarily require a lot of space, which can be found especially in old factory buildings, railway stations, castles or former churches. The more appealing the ambience, the more freelancers and start-ups are attracted to the coworking space. A romantic old farmhouse certainly offers a completely different working environment than an austere office building. Creativity needs the right environment. Workplaces with classy furnishings or a very special flair are particularly popular. Start-ups find employees more easily and sales-oriented entrepreneurs score points with customers if the ambience is upscale and professional. 

Necessary renovations for various properties

What a coworking space needs first and foremost is space and a well-equipped, pleasant working atmosphere. The open-plan office is the heart of any coworking space. In general, large rooms with high ceilings and bright furnishings offer an ideal environment for intellectual stimulation. Suitable ventilation and heating are important for open-plan offices so that tenants can feel comfortable and concentrate. Fully equipped conference rooms offer the perfect setting for customer meetings and first-class presentations. Sometimes a private office is required, which is why a coworking space should provide separate work areas that allow for undisturbed working. Glass walls or drywalls are a matter of taste and budget. 

The legal aspects of equipping coworking spaces

It is mostly millennials who are seeking casual teamwork. They are interested in community and networking. The renovation of an old factory building, a church or a farmhouse nevertheless requires some finesse. After all, in addition to visual appearance and user-friendliness, even flexible workplaces must comply with the Occupational Health and Safety Act. This starts with lighting, ventilation and temperature control and extends to minimum sizes for work surfaces and separate offices as well as sufficient sanitary facilities. In addition, the noise level must remain low enough to allow everyone to work undisturbed. Better acoustics are provided by built-in meeting rooms or closed offices. Long-term users in particular attach great importance to ergonomic equipment, glare-free computer workstations and height-adjustable seats and workstations.

Different styles depending on location

While the loft style prevails in factories, a cosy interior with flair convinces in a farmhouse environment. In metropolitan areas, it is often about prestige. A modern, high-quality interior attracts creative start-ups, as well as all those who value noblesse. A popular, additional source of income for coworking space operators are event rooms or catering areas. Depending on the location, these generate lucrative additional income. The concept must be coherent, flexible and suitable for the respective target group. 

Established coworking spaces: betahaus and co.

This form of joint offices was originally established in the USA in 2005, more precisely in San Francisco. There are now coworking spaces all over the world, especially in large cities. Berlin is a stronghold and follows right behind the metropolises of New York and London with its extensive offer. The betahaus in Berlin was already established in 2009 as the first location for creative collaboration and now has various locations throughout Europe.

Contact us now
Engel & Völkers
Licence Partner Pollensa
  • Via Pollentia 20
    07460 Pollensa
  • Fax: +34-971-53 24 11

We know the true value of your property

Do you know how much your property is currently worth? No matter if you just want to inform yourself about the current market-price, or if you wish to sell your property for the best price: our experienced marketing experts are happy to assist you with a free and non-binding valuation.

Follow us on social media

Paradise living with the purchase of a property in the north of Mallorca: Engel & Völkers

Have you been thinking of buying or renting a villa, rustic house, apartment or house in Mallorca? Our estate agents at Engel & Völkers make your dream come true. In the north of Mallorca we are represented by Engel & Völkers at the locations of Pollensa, Puerto Pollensa and Puerto Alcudia with residential real estate shops for you. Our sales area includes the inland locations Búger, Campanet, Sa Pobla, Muro and Santa Margalida and on the coast the residential areas Playa de Muro, Can Picafort and Son Serra de Marina. We also look after the cities of Pollensa and Alcudia. There, our real estate agents arrange real estate for sale in Pollensa, Puerto Pollensa, Formentor & Cala Sant Vicente as well as in the old town of Alcudia, Puerto Alcudia, Bonaire and Mal Pas, Son Fe and Alcanada. Whether buying or selling exclusive villas, rustic houses, houses and apartments - Engel & Völkers in the north of Mallorca is your go to for all topics relating to real estate.

Coast or inland? Find out more about the advantages of both real estate locations

At the coastal towns of Playa de Muro, Can Picafort or Son Serra de Marina, we help property seekers buy an elegant villa or apartment. Our real estate agents are well versed in the region and show you the advantages of each location: be it the miles of white sandy beach of Playa de Muro, the nature reserve S'Albufera at Can Picafort or the attractively secluded fishing village of Son Serra de Marina. The inland thrilled with fantastic views of the mountains of the Serra de Tramuntana and the sea. In Búger, Campanet, Sa Pobla, Muro and Santa Margalida, our real estate agents at Engel & Völkers Mallorca Nord primarily sell townhouses and rustic houses. Inland, you can enjoy breathtaking landscapes with flowering almond trees and olive groves, as well as proximity to both the mountains and the nearest beach. Families are also offered an excellent education facility for their children, the International School "My School", close to your new property.

Preferred living in Alcudia and Pollensa: two cities in comparison

Do you want to live close to the beach and appreciate small-town charm, culture and history? Then buying a villa, rustic house, apartment or house in Pollensa is just the thing for you. Walk in the footsteps of past cultures in Pollensa, enjoy a wide range of water sports in Puerto Pollensa, dive in the crystal clear waters of Cala Sant Vicente or hike through the beautiful pine forests of Formentor. Alcudia is popular as a real estate location for its great beach, historic city center and central location, which makes it ideal for exploring the surrounding area. Purchase first-class villas, rustic houses, houses and apartments with our estate agents at Engel & Völkers Mallorca Nord in Alcudia, Puerto Alcudia, Bonaire and Mal Pas, Son Fe and Alcanada.

The new market report points to an increasing interest in real estate for sale in the north of Mallorca

The easy accessibility of Palma makes the north of Mallorca a popular first residence. The growing interest in the north of the island is also confirmed by the positive development of transaction volumes in recent years. Turnover increased from 120 million in the last five years to 330 million in 2018. The most popular properties include rustic houses, villas and apartments. For detailed information we recommend you take at our Engel & Völkers Market Report Mallorca 2018/2019.

Real estates for sale with holiday rental license

In our portfolio of property for sale you will also find homes that also have a holiday rental license, known locally as the ETV. The license is a legal requirement if you intend to do holiday rentals on the island and the possession of such a license potentially means the possibility to earn returns on your investment. Our multilingual experts will be happy to advise you….

With Engel & Völkers best possible care for your real estate project in the north of Mallorca

As the market leader for high-end real estate, our estate agents from Engel & Völkers offer you comprehensive service, well-trained real estate agents, a global network of partners and a comprehensive presence in Mallorca with a total of 18 residential property shops. Are you looking for a villa, rustic houses, apartment or a house for sale, or do you want to sell your unique property? Do you want to spend your holidays in Mallorca and are interested in our fantastic properties for long term rental with unique holiday offers? Then take a look at our portfolio. At Engel & Völkers, we are your go-to for the north of Mallorca - whether inland, coast, in Pollensa or Alcudia. We look forward to address all of your real estate concerns and welcome you in one of our three residential real estate shops.