Change the default location of Pycharm Project

Question

I am using PyCharm 3.4.1 on Ubuntu 14.04. For new project it suggests ~/PyCharmProjects for storing project folders. Is it possible to change the location and n

Answer 1

I know this is an old question, but is is certainly possible as of now

Settings | Appearance & Behaviour | System Settings | Default directory

See JetBrains support page