The definition of how we work and live has changed significantly. Thanks to advancements in technology and more and more options to start and grow successful online businesses, many entrepreneurs are blending work, life, and travel.
Need to learn more about setting up a digital nomad lifestyle and business? You can check out our blog post that details “How To Become A Digital Nomad.”
Catering to digital nomads, a small but growing trend has emerged of co-living/co-working spaces.
The co-working and co-living ideologies are being adopted by pretty much any entrepreneur or adventurer whose career allows for remote working and has a passion for travel, new experiences and making new friends.
With this concept, you can work and live anywhere around the world.
Nomads are demanding more than just a shared office, they also want to live together.
Coliving is a modern form of housing where residents share living space and a set of interests, values, and/or intentions. It’s a new take on an old idea, imagined by a millennial generation that values openness and collaboration, social networking, and a sharing economy.
If you’re a digital nomad, travel influencer, or a traveling entrepreneur keep in mind that co-living and coworking tend to overlap.
Advantages of Co-Living Space
No Commute
You don’t have to get up early in the morning and spend your precious time stuck in the traffic. Being able to work where you live saves you a whole lot of time and money, which you would otherwise invest in transportation.
Cheap Living Expenses
Of course, you can rent a place to live, pay for a coworking space and the daily commute there. Or you can simply pay once for a co-living space. Some seem to be expensive at first glance. But paying for it separately might add up to even more.
Enhanced Productivity
You can work when you feel most productive or whenever creativity kicks in. No need to go somewhere first or consider opening hours. You also meet a lot of like-minded people, which can create synergies and you can help each other out.
Meeting New People
Living in the same place pushes you to connect with others, share your stories and spend time together. Making new friends can’t possibly be any easier.
Feeling of Community
Co-living spaces for digital nomads bring together the same type of people. You all share the same lifestyle and have similar goals. Living together creates a strong feeling of community.
Disadvantages of Co-Living
Your Work and Private Life Blend
When you live and work at the same place, your fellow co-livers automatically become your co-workers. You can work 24 hours a day from the same place. Your business and private life becomes one. It’s hard to keep both of them separate. You need to decide if this lack of separation is a good choice for you.
Shared Living
Not everyone is a fan of sharing private spaces like the kitchen or lounge area. If you know that you would have a difficult time sharing these spaces with strangers and prefer having your own apartment/house, then a co-living space is probably not the best option for you.
Decreased Productivity
Sure, the creative environment, no restricted working hours and like-minded people can enhance your productivity a lot. But at the same time, the non-office like and relaxed atmosphere can result in the opposite. Or maybe you have so much in common with your housemates, that you keep chatting all day and don’t get much done. It takes a bit of discipline to keep your level of productivity up.
Popular Nomad Digital Co-Living Space Around the World
Remember, a co-living space is different from other working environments. You will encounter uniqueness in their style and atmosphere.
There are many places around the globe which are very popular among the digital nomads and above all they love staying and working there. Here is a list of them
Coconat
If you are a nature lover, then this is a perfect place for you. It is located in the outside of Berlin and it opened its doors for digital nomads around the world in the year 2017. It has an excellent view of a peaceful nature. Moreover, you can even relax by indulging in activities like swimming, hiking, and biking.
Livit
Livit is a co-living space located in Bali. It is made up of nine villas and it has a gorgeous view. The main moto of Livit is to “Get shit done and have fun!” Interesting right? So, try checking out this location on your next excursion.
The Collective Old Oak
On your next London itinerary, you should definitely check out The Collective Old Oak. It is the largest co-living space in the world with rooms spread across ten floors. There are hotel-like amenities including a spa, gym, restaurants and a lot more to provide digital nomads a very comfortable stay.
Outside
Outside is based in many locations including Hawaii, San Diego, New York, and Venice Beach. It is ideal for digital nomads who prefer a homey atmosphere.
There are many people who prefer to go on a vacation to drain off the work stress. But we, digital nomads, are very different from them. We prefer to work on the go and we like to grab every experience and moment of life.
This is what makes us different from the rest of the world. We are different and so is our work and along with that even our workspace as well.
Do not forget to check out our other travel blogs and digital nomad resources.
Thanks for reading!
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