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by amgin3 3403 days ago
lol, what a ripoff. They claim they are "just covering costs" and the fee is more like a donation.. I just did 5 minutes of research and you can rent a nice 45 sq. m. 1-bedroom apartment on a daily basis, in a more central location of Malta, for 1/2 the price they are charging for a "single private bedroom". What a joke. Should call it what it is, a "hipster trust-fund kid house".
4 comments

Yeah, I don't know about the pricing but as I was reading through the site I couldn't figure out if it was real or satire. It certainly checks many of the tech culture stereotype boxes.
At 50% occupation, alleged 8 beds, and 28/bed=224/day (underestimating, as the single private beds are more expensive). 15days/month is €3360 per month, double that at full occupation. Those numbers might sound reasonable in the US, but in southern Spain that's about 3x the average income.
Hey Amgin,

Thank you for your honest replay. Those prices are just for short stays of 2 days to 1 week.

For longer stays, like 2 weeks to 1 month, we are charging a MUCH lower rates, see the website.

"If want to to stay longer then 2 weeks with us in the "Digital Nomad House", just ask us and we will be happy to share our monthly expenses with you, which will result in a much lower costs, compared to the ones stated below."

>Thank you for your honest replay. Those prices are just for short stays of 2 days to 1 week

I realize that. The examples of better places I found were for daily rentals, the most expensive option. I bet if I were to look at similar places for longer periods of time I could easily find for an even lower price than what you are offering.

I don't have a problem with what you are trying to do, my issue is that you are advertising this pretending like you are a non-profit and just trying to break even, when that obviously cannot be the case when you are charging at least twice as much as better housing options.

There is a difference between summer and winter time, especially in places which depend enormous on summer tourists, just like this f* lil island ;-) So check again in two month, when summer is coming. Just me 2 cents.
Just skimmed quickly and they do not seem so expensive... Compared to the competition.

Months ago I wanted to leave London and spend a year in accommodations like this, with "like minded" remote workers. There are plenty in Europe and they are RIDICULOUSLY expensive. The average from what I recall is about €2500/month, to live (rent) in the country somewhere, probably with shitty internet. But "like minded people".

Are all freelancers making €10k a month? I have an average salary (compared to my freelancing peers) because I work 4h/day and I don't know who can afford such prices, honestly.

I'd understand those prices in major cities, not in the middle of nowhere.

If you are looking to live with "like-minded" people, it does not take much effort to organize a shared-house rental. I've been living around Asia for the past few years, and have lived in mansions with up to 5 other expats (each with our own huge private room and bathroom) for no more than $300USD/month + ~$50/month for all other bills including high speed internet. Malta is more expensive than most of Asia, but what these guys are charging is ridiculous and by no means are they "just trying to break even".
That's really interesting.

Are there any websites you'd recommend for information about how you have set this up or found this?

Just look on the local craigslist, expat facebook groups, or other expat forums for the area you are looking to stay. There are usually plenty of expats looking to fill a room in their share-houses.