What is Co-living and for whom is it?

This blog post details Marco’s journey to obtaining a PADI Open Water Diver certification at Octopus Dive School in Denia, highlighting the engaging practical sessions, expert guidance from instructor Patrick, and the overall enriching experience of learning to dive.

Index
What is Co-living?
Who lives in a Co-living
How long do you live in a co-living?
Why do you live in a co-living?

 

Co-living – What is that exactly?

If you ask Urban dictionary you get the following information:

Shared housing designed to support a purpose-driven life. A modern, urban lifestyle that values openness, sharing, and collaboration.
No dad, it’s not a hippie commune. It’s coliving. It’s kinda like coworking, but in a house. Get it??
And we see it very similarly. CO-Living is a modern form of living in which individuals or small groups of people, often strangers (who become friends), share a living space designed for communal living. It is a response to the changing housing needs and lifestyles of city dwellers.
If you want to know more about our values, you can read more in ourFAQs here.

Different types of living/shared spaces compared with co-living:

 

First we wanna show up the values of the Co-living.

Target Audience: designed for a diverse group of individuals, including professionals, entrepreneurs, and students. They are not limited to a specific age group or occupation.

 

Purpose: The primary purpose of co-living is to provide a communal living experience for individuals who value shared spaces and amenities. It is often chosen for its community-oriented environment.

 

Community and Social Aspect: Emphasizes a sense of community and often includes communal areas, shared kitchens, and social events to encourage interaction among residents.

 

Flexibility: Generally offers more flexibility in terms of the length of stay and may be suitable for both short-term and long-term residents.

 

Amenities: Provides a range of amenities that cater to the general needs and preferences of the diverse group of residents. This may include coworking spaces, gyms, and entertainment areas.

 

Booking Process: Typically involves a more structured leasing process, with residents signing agreements for specific durations.

Cost: Costs may vary depending on the location and the level of amenities provided. Generally, co-living spaces may be more expensive compared to traditional housing options but offer a unique living experience.

 

Local Experience: Often located in residential neighborhoods, providing residents with a chance to experience local culture and daily life.

 

Length of Stay: Accommodates a range of stay durations, from short-term to long-term. Co-living often provides flexibility for residents to choose the length of their stay.

STUDENT ACCOMMODATION

Co-living and student accommodation are two distinct types of housing arrangements, each catering to different demographics and lifestyles. Here are the key differences between co-living and student accommodation:

1. Target Audience:
As the name suggests, student accommodation is specifically designed for students, typically those attending a college or university.

2. Purpose:
The main purpose of student accommodation is to offer housing solutions for students attending educational institutions. These spaces are usually located close to campuses for convenience.

3. Community and Social Aspect:
While student accommodation also promotes a social environment, the focus is often on providing an environment conducive to studying, as students have academic commitments.

4. Flexibility:
Often follows an academic calendar, and lease agreements may align with the academic year. Short-term stays are less common.

5. Amenities:
Amenities are often tailored to the specific needs of students, such as study rooms, high-speed internet, and proximity to educational institutions.

6. Cost:
The cost of student accommodation is often influenced by the proximity to the educational institution, the type of room (single or shared), and included amenities.

In summary, while both co-living and student accommodation involve shared living arrangements, they serve different purposes and cater to distinct demographics, with co-living being more inclusive and adaptable to various lifestyles.

AirBnB

Co-living and Airbnb are two distinct lodging options, each with its own features and appeal. Here’s a comparison between co-living and Airbnb:

Purpose and Target Audience:
Offers a diverse range of accommodations for short-term stays, catering to tourists, business travelers, and individuals looking for unique and personalized lodging experiences.

 

Length of Stay:
Primarily caters to short-term stays, although some listings may offer extended stays. It is commonly used for vacation rentals and temporary housing.

 

Community vs. Individual Experience:
Offers a more individualized experience, allowing guests to stay in private homes or apartments. Interaction with hosts and neighbors varies.

 

Amenities:
Amenities depend on the individual listing and can range from basic to luxurious, offering a personalized experience based on the host’s offerings.

 

Cost:
Prices vary widely based on the type of accommodation, location, and amenities. It can be cost-effective for short stays but may become expensive for longer durations.

 

Booking Process:
Offers a straightforward booking process through the Airbnb platform, allowing guests to book accommodations for specific dates.

 

Local Experience:

Offers a local experience depending on the host’s location and recommendations. Guests may have the opportunity to interact with locals through the host’s guidance.

In summary, co-living is ideal for those seeking a community-oriented, flexible, and potentially cost-effective living arrangement, while Airbnb caters to individuals looking for unique, short-term lodging experiences with a focus on individualized stays. The choice between co-living and Airbnb depends on the individual’s preferences, the purpose of the stay, and the desired level of social interaction.

Hotel

Co-living and hotels are two distinct types of accommodation, each with its own characteristics and target audiences. Here’s a comparison between co-living and hotels:

Purpose and Target Audience:
Primarily cater to short-term guests, tourists, business travelers, and individuals seeking a more private and transient stay.

 

Length of Stay:
Typically geared towards short-term stays, with nightly or weekly rates. Extended stays in hotels might be possible, but they are generally less common.

 

Community vs. Privacy:
Prioritize privacy and personal space. While some hotels offer common areas, the emphasis is on individualized comfort and services.

 

Amenities:
Provide amenities such as room service, concierge services, and on-site dining, focusing on individual guest services and comfort.


Cost:
Generally more expensive on a per-night basis, making them suitable for shorter stays. Extended stays in hotels may become cost-prohibitive compared to co-living options.

Flexibility:
Provide flexibility in terms of short-term bookings but may have limitations for extended stays due to cost considerations.

 

Local Experience:
Located in various areas, including commercial districts or tourist hubs, with a focus on providing a comfortable and convenient stay.

In summary, co-living is ideal for those seeking a community-oriented, flexible, and potentially cost-effective living arrangement, while hotels cater more to individuals looking for short-term, private, and convenient stays with personalized services. The choice between co-living and a hotel depends on the individual’s preferences, the purpose of the stay, and the desired experience.

For whom is it?

People who live in co-living spaces come from diverse backgrounds and may include:

1. Young Professionals: Many attract young professionals who value a sense of community and shared experiences. These individuals may be working in various industries and find co-living arrangements convenient and socially engaging.

2. Entrepreneurs: can be attractive to entrepreneurs and freelancers who appreciate the flexibility, networking opportunities, and collaborative environment that these spaces often provide.

3. Digital Nomads: Individuals who work remotely or have jobs that allow them to travel frequently may choose co-living spaces for their flexible and short-term housing options.

4. Students: While co-living is distinct from student accommodation, some spaces are open to students. These spaces offer a communal living experience that goes beyond traditional student housing.

5. Expatriates: People moving to a new city or country for work or other reasons may opt for co-living as it provides a ready-made community and eliminates some of the challenges associated with relocating.

6. Creatives: Artists, writers, and other creative professionals may find co-living environments inspiring and conducive to collaboration.

7. Those Seeking Social Interaction: Individuals who value social interaction and community living may choose co-living as a way to avoid the isolation that can come with more traditional housing arrangements.

8. Short-Term Residents: often cater to short-term residents, such as those in town for a project, internship, or extended vacation.

It’s important to note that the demographics of co-living residents can vary widely depending on the specific co-living space, its location, and the amenities offered. The common thread is a desire for a more communal and social living experience.

 
 
 

How long do you live in a co-living?

The length of time one can live in a co-living space varies and is often flexible to accommodate different needs and lifestyles. Here are some common scenarios:

  1. Short-Term Stays: may cater to short-term residents, such as those staying for a few weeks or months. This could be suitable for travelers, digital nomads, or individuals in town for a temporary project or assignment.

  2. Medium-Term Stays: Some people choose for a medium-term duration, spanning several months to a year. This flexibility is particularly beneficial for those who anticipate a shorter-term commitment but still want the benefits of a shared living environment.

  3. Long-Term Stays: Co-living is also an option for individuals looking for a more permanent or long-term living arrangement. This could include professionals, students, or anyone who appreciates the communal aspects of co-living over an extended period.

  4. Academic Calendar: In the case of co-living spaces near educational institutions, residents may align their stay with the academic calendar, choosing shorter-term leases that match the duration of a school year or semester.

  5. Open-Ended: Some co-living spaces offer open-ended leases, allowing residents to stay for as long as they find the arrangement suitable. This can be beneficial for individuals whose plans are uncertain or subject to change.

Ultimately, the duration of stay in a co-living space depends on the individual’s preferences, lifestyle, and the policies of the specific co-living provider. Co-living’s flexibility is one of its key features, accommodating a range of residency durations to meet the diverse needs of its residents.

Why do you live in a co-living?

Living in a co-living space is popular for several reasons:

  1. Community and Social Interaction: Co-living spaces provide a sense of community, fostering relationships and social connections among residents.

  2. Convenience and Amenities: These spaces offer shared facilities such as kitchens, coworking areas, and recreational spaces, enhancing convenience and lifestyle.

  3. Flexibility: Co-living arrangements are flexible, catering to shorter-term stays and individuals with dynamic schedules or uncertain long-term plans.

  4. Cost-Efficiency: Shared living is often more cost-effective than renting an entire apartment, making co-living an attractive budget-friendly option.

  5. Networking Opportunities: The diverse mix of residents in co-living spaces creates networking opportunities, connecting individuals with professionals, entrepreneurs, and creatives from various industries.