Living life as a digital nomad is the stuff that dreams are made of, or is it? Working on your startup or running your business from a bungalow overlooking some idyllic beach, is great, but most people eventually need more. The novelty of paradise on your doorstep or new and exciting places every couple of months starts wearing thin after a while and many an entrepreneur starts hankering after a more permanent setup if not a homely one.
It’s common for digital nomads and entrepreneurs in the startup scene to gravitate towards tech hubs where they work with like-minded people in a stimulating and supportive environment, but this too misses the mark. The answer? Co-living spaces where entrepreneurial spirits live and work together.
In different parts of the world these communal-style living spaces are developing differently, for different reasons and function differently.
In the West where living costs are high, entrepreneurs have come together in co-living arrangements in order to stretch their money as far as possible while they work on their getting their startups off the ground. San Francisco has a number of these co-living spaces for entrepreneurs who want a more permanent home or want to adopt a lifestyle of communal living. In Europe, co-living spaces like the Copenhagen Nest which houses 21 entrepreneurs from a range of European countries, the co-inhabitants don’t work together, but they live together. The co-living space is their home away from work.
In Asia, the idea is also taking off. People who work remotely learning to make websites, developing mobile apps or trying to generate some income online need fast and reliable internet connection and other services which co-working spaces all over Asia provide, but they also need an affordable living space which is also available in Asia. Co-living in Asia offers something essential that translates to a better quality of life: affordable accommodation with all the necessary amenities plus the companionship of people who share a common passion.
Nomad House, a project started by Arthur Itey, is one such arrangement. Nomad House provides low-cost co-living opportunities for digital nomads and entrepreneurs. That there is a great need for this kind of setup was borne out by the 200 sign-ups Itey received in the first week of launching Nomad House.
Itey wants to grow Nomad House to a network of a low-cost houses around the world for digital professionals to live and work in. Currently projects are underway in Bangkok, London, Chiang Mai, and Berlin. At this point one house is available in Bali. According to the Project Bali website, a month in the Bali Nomad House will set you back $525 for which you get a private room with linen, unlimited high speed internet, a community of like-minded nomads and a tropical setting complete with pool.