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You probably wonder why we write an article about coliving which is fair enough. This comes naturally as we recently had a few clients who bought some properties as investments. Some planned to remodel and sell them while others wanted to rent them to generate a return. Since it is no longer possible to get a short-term rental license (Alojamento Local), we explored other avenues to rent properties. That’s when coliving popped up on our radar.
In today’s world where new trends come and go, the traditional concept of flatsharing is being reshaped by innovative trends that make more sense to individuals looking to create connections and networking opportunities from the comfort of their homes.
One such trend that has gained significant traction, especially among digital nomads, is coliving. Imagine a lifestyle where work seamlessly blends with exploration, where community is essential, and where flexibility is the norm. Welcome to the world of coliving, a new style of living and working from the same place between like-minded individuals.
Portugal is home to this burgeoning coliving scene. This is true in Lisbon and Porto but also in other sea-side towns where surfing communities live such as Nazaré and the Silver Coast, South of Lisbon, Sines, and parts of the Algarve.
What is Coliving?
Coliving, at its core, is a modern housing option that emphasizes community, collaboration, and convenience. It’s not just about sharing living spaces; it’s about fostering connections, both professionally and personally, with like-minded individuals. Coliving spaces typically offer fully furnished apartments or rooms equipped with all the essentials for comfortable living, along with shared amenities like coworking spaces, communal kitchens, recreational areas – a yoga studio for example – and proximity to a gym or sports facilities.
The Digital Nomad Lifestyle
Digital nomads are individuals who use technology to work remotely, giving them the freedom to travel and explore new destinations while earning a living. This lifestyle appeals to those who crave adventure, cultural immersion, and the flexibility to design their schedules. For digital nomads, coliving is more than just a place to stay—it’s a lifestyle choice that aligns perfectly with their values and aspirations.
Benefits of Coliving for Digital Nomads
Community and Networking: One of the most significant advantages of coliving for digital nomads is the opportunity to connect with a diverse community of professionals from around the world. Whether you’re a freelancer, entrepreneur, or remote employee, coliving spaces provide a fertile ground for networking, collaboration, and knowledge sharing.
Work-Life Balance
Coliving promotes a healthy work-life balance by offering flexible workspaces and schedules. Digital nomads can start their day with a sunrise yoga session, explore the city’s sights and sounds, and then settle into a cozy coworking space to tackle their tasks in the afternoon. It’s the perfect blend of productivity and leisure.
Cost-Effectiveness
Renting a traditional apartment in a new city can be expensive, especially for short-term stays. Coliving eliminates the hassle of long-term leases and hefty deposits, offering affordable accommodations on a month-to-month basis. Plus, shared expenses such as utilities and internet are often included in the rent, making it a budget-friendly option for digital nomads.
Cultural Immersion
Living in a coliving space allows digital nomads to immerse themselves in the local culture and lifestyle. From language exchanges to cooking classes to neighborhood tours, coliving communities often organize social events and activities that facilitate cultural exchange and exploration.
Coliving in Lisbon and Porto or the Algarve
Now that we’ve explored the concept of coliving and its benefits for digital nomads, let’s take a closer look at how this trend is taking shape in Lisbon and Porto.
Lisbon
As one of Europe’s most dynamic and cosmopolitan cities, Lisbon has become a magnet for digital nomads seeking a blend of old-world charm and modern amenities. Coliving spaces are popping up in the city and the Southern American hotel chain targeting digital nomads, Selina, is present here with two establishments. These spaces offer stylish accommodation in the heart of the city, with easy access to coworking spaces, cafes, and cultural attractions. From the vibrant streets of Bairro Alto to picturesque Alfama, passing by trendy Arroios and the stunning Cascais coastal line, the Lisbon region has something for every digital nomad.
Porto
Nestled along the banks of the Douro River, Porto is a unique blend of history, culture, and innovation. Coliving spaces there provide a cozy retreat for digital nomads looking to experience the city’s rich heritage and creative energy. With its charming cobblestone streets, colorful azulejos, and world-renowned port wine, Porto offers a captivating backdrop for remote work and exploration.
Summary
Coliving represents a paradigm shift in the way we approach living and working in the digital age. For digital nomads, it offers a flexible, affordable, and community-driven lifestyle that aligns perfectly with their aspirations for adventure and exploration. Whether you’re drawn to the vibrant streets of Lisbon or the historic charm of Porto, coliving spaces provide a welcoming haven for remote workers from all walks of life. So why wait? Embrace the future of living and embark on your coliving journey today!
