Whether you’re a digital nomad, looking for a 3-month stay abroad, or an expat, planning to live in a new city for over a year, the move to a new destination is always exciting. However, there is always one major challenge – finding suitable and reliable accommodation abroad.
Popular B&B platforms are an option, however, they’re typically aimed at the holiday market, which reflects in their price point. Traditional rentals will certainly offer a better price, but very little flexibility when it comes to contract length. So, it comes as no surprise that the concept of co-living is becoming increasingly popular among the expats.
Best of both worlds: flexibility and affordability
Traditional renting presents a lot of obstacles for newcomers. Beyond the minimum lease length (typically 6 or 12 months), there are also substantial upfront deposits and extensive credit history checks. Not just that, these apartments often come unfurnished, which is a logistical headache for an expat moving abroad.
Co-living directly counters a lot of these issues. With the availability of reliable platforms for flexible rentals, expats can stay as little or long as they want, from one month to a year and over. This kind of arrangement is perfect for those who want to test the water, before they decide whether they want to stay in the city long-term. The rentals are fully checked, with verified owners and tenants, to guarantee that everything is as expected when you get there.
Furthermore, co-living offers great value when it comes to affordability too. Since you’re sharing the space with others, your monthly costs are significantly lower than if you rented a whole place to yourself. Any maintenance or cleaning fees are also shared between the residents, further lowering the expenses.
Other benefits of co-living
Besides the practical hurdles, co-living spaces offer many great benefits for expats. For example, if you’re travelling solo, one of the toughest aspects of moving is building social connections and friendships in a new place. This social integration is made easier when living with other expats, who are often in the same boat. Not just that, many co-living providers also actively organise social events for the residents, such as fitness classes or networking opportunities.
What’s more, co-living spaces are usually well-adapted to the needs of digital nomads and remote workers. They often have coworking spaces featuring comfortable set-ups with office tables and chairs. Fast internet also tends to be included in the services, so you don’t have to worry about finding your own provider.
The other areas are also designed with convenience in-mind, including shared lounge areas and kitchens with all the necessary equipment for daily living. Depending on your budget and preferences, some apartments may even have such amenities as gyms or outdoor spaces. All common areas are cleaned and maintained regularly, making the living experience even more hassle-free.
The ideal solution for global citizens
Modern expats are blurring the lines between settling down and being constantly on the move, and it’s thanks to the availability of co-living options. Not only do they provide unparalleled flexibility, convenience and affordability, but also help expats build a new life abroad easier.
