Do you know what coliving is?
Living in a coliving is a favourite accommodation option for young entrepreneurs, graduate students and digital nomads. Above all, because it allows them to meet more people with similar ideals and interests, which increases their personal motivation and makes it easier for them to create interpersonal connections, which can evolve into lasting friendships.
The concept of coliving has become more popular in the last decade, as it offers the possibility of having access to a private room and at the same time, shared spaces such as coworking, which facilitate socializing.
In addition, the concept of coliving has proven to have great benefits in terms of social, mental and economic well-being. If you still don’t know the pros and cons of coliving, we’ll tell you everything you need to know.
Pros of living in a coliving
Affordable rates
One of the pros of living in a coliving is undoubtedly the affordable rates. For those who are starting to build their career or business, paying rent for a flat can be a high cost for their pocket. Especially when they are in a new city for study or job growth opportunities.
While they lay the foundations of their entrepreneurship, finish their studies and achieve a stable financial status, coliving is the most comfortable and convenient accommodation option. It not only allows them to save but also to use their money for other causes that contribute to their overall well-being.
Sense of community
Coliving satisfies the longing for a place to belong. By being a member of a community made up of people similar to you, you will reduce the feeling of loneliness and feel understood and accepted.
Feeling valued and comfortable on a social level also reduces symptoms of anxiety and isolation. Therefore, the sense of community that reigns in coliving has a positive effect on your mental health and emotional well-being.
More creative energy
Coworking and co-living spaces give people more creative energy to carry out their tasks and work. In addition, inspiration is greater when surrounded by other creative people, which generates a higher level of personal productivity.
Coliving, by having spaces that encourage meeting and conversation, creates the perfect atmosphere for creative exchanges and collaborative work to take place. Likewise, coliving becomes the space to get to know each other’s workflow and creative processes. This will give you the opportunity to learn from others and optimize your own processes.
In conclusion, the possibility of empowering success and sharing ideas with other people who are passionate about what they do is the reason why many choose to live in coliving.
Time management
Living in coliving can also help you save time. While some people spend up to 30 minutes to get to the office or their coworking space, those who live in coliving are fortunate to have coworking spaces within walking distance and personal desks in their rooms.
Adapting work and study spaces will facilitate your lifestyle, as you will have the opportunity to rest and focus on your personal projects in close quarters. You will even be able to resume your work quickly after lunch, rest or take a nap.
In the short term, you will see how your productivity increases and how you can make the most of your time. In the long term, your productivity level and good time management will contribute to your self-confidence and a better appreciation of your own abilities.
Cons of coliving
Willing to share space?
To live in coliving, you must be willing to share certain spaces such as the kitchen, dining room and living room. If you are uncomfortable with this idea, you may not have a good experience and this lifestyle may not be right for you. This is most often the case in co-housing facilities that only offer shared accommodation and do not provide other accommodation options for their occupants.
Fortunately, at LIV CoLife, we not only offer shared accommodation but also individual accommodation. In this type of accommodation, you will have a fully equipped private room, so you will have the freedom to meet others whenever you want. The shared spaces for you will only be the common areas of the building such as the living room, coworking space and social kitchen.
Our individual accommodation is designed especially for those who want to have more privacy and at the same time be part of a community that shares the same values and ideals. If you are one of them, LIV CoLife in Porto will be the best alternative for you. Now that you know the pros and cons, are you ready to live in a coliving?
