Properties suitable for individuals who frequently travel internationally, often featuring amenities and services designed for a transient lifestyle, such as furnished apartments, concierge services, and flexible lease terms, exemplify this concept. Luxury accommodations in major global cities or vacation homes in various desirable locations also fall under this umbrella.
The increasing demand for such accommodations reflects the rise of global mobility and remote work. It provides individuals with the flexibility to maintain a presence in multiple locations without the burdens of traditional property ownership. Historically, the concept has evolved from simple pied–terres in capital cities to sophisticated, fully serviced residences catering to a discerning clientele. This development mirrors broader societal trends toward greater flexibility and convenience.