The list of options is as extensive as your imagination. It comes down to the community you want to build, where they want to live, and what they can afford.
The list of options is as extensive as your imagination.
It comes down to the community you want to build, where they want to live, and what they can afford.
Being the first coliving space in a town or area can give you enormous PR benefits. Cheaper, too, if you don’t need to market your space – the buzz will bring journalists to you – result!
Or do you want to start a business in a city with established spaces and compete with other brands? You know that the demand is there but do you want to fight for guests when you are unestablished there?
“Location is everything” they say. It’s less accurate these days as many people crave getting out of densely populated areas to seek silence and tranquillity.
More remote locations allow rental and purchase prices to drop drastically. Bigger houses with more rooms can bring in greater income, even when reducing the cost per person.
There are so many exotic locations that many people are dreaming about that are now bringing in great internet and infrastructure:
- Fiji has upgraded its internet recently
- Hawaii is a dream destination for most people. Outsite opened its first location in Hawaii last year with good internet speed and reliability
- South Africa has mobile internet of up to 100MB, which is twice as fast as the landline speed
- Diving: Indonesia, Micronesia, Palau, Galapagos, Red Sea, Bonaire, Cayman Islands
- Surfing: South Africa, Bondi Beach (Sydney), Bali, Taghazout (Morocco), Huntington Beach (California).
- Other potential hobbies for themed coliving – Cycling, kiting, skiing, climbing, hunting, fishing
- List of hobbies: https://en.wikipedia.org/wiki/List_of_hobbies