Cyprus is a scenic island with many awe-inspiring beaches. It is a top destination for ex-pats and digital nomads for good reasons. The country has a reliable internet connection and plenty of coworking spaces. Continue reading to learn what coworking is and the pros and cons of coworking in Cyprus.
What is Coworking?
Coworking simply means working from a shared workspace. It is an affordable alternative for anyone who wants to escape the isolation of a home office. Cyprus has plenty of coworking spaces in almost every city that provides flexibility and all the amenities of an office. One of the top coworking spaces on this island is sohocyprus.cy. Soho office space provides modern workspaces for businesses of all kinds at any stage of their development.
Pros and Cons of Coworking in Cyprus.
Coworking can be a great idea if you live in Cyprus and are a digital nomad, freelancer, or startup. However, despite coworking’s convenience and flexibility, it also has its share of challenges. Here are the advantages and disadvantages of coworking in Cyprus.
Pros of coworking in Cyprus
It has all the amenities.
Coworking spaces usually have all the amenities a professional will need while working, including a printer, photocopy &fax machines, cafeteria, canteen, recreation center, and lounge area. That ensures you have a comfortable experience while working.
Cost saving
Shared spaces are relatively affordable. They can help you save up to 30% on costs. With coworking space, you do not need to invest in real estate or purchase office amenities. All are provided! All you need is to rent out a workspace.
Increased flexibility
Another great thing about coworking in Cyprus is the flexibility it offers. With coworking spaces, you can scale up or down depending on your business needs. If your business expands and you need to add the number of workers, you can rent out more space. And if it scales down, you can easily let go of some of the space you will no longer use.
Networking
Coworking spaces in Cyprus bring people from multiple industries together. That makes it easier for you to interact with like-minded people, allowing you to find suitable business opportunities and learn new things.
Cons of Coworking in Cyprus
Noise and distractions
One of the major disadvantages of coworking in Cyprus is distractions. With many people working under one roof and doing different things simultaneously, there is a lot of commotion and noise. This might make it difficult for you to concentrate on your work.
Lack of privacy
Coworking spaces also do not provide privacy. Usually, the workstations in shared spaces are open; hence, people can easily listen to your conversations and even see your computers. This might be a problem when holding business-related meetings or implementing your business plans.
Wrap Up
People love coworking in Cyprus hence the big number of coworking spaces. Coworking offers flexibility, saves costs, provides all essential office amenities, and allows networking. However, it does not provide privacy and leads to distraction and noise.