Benefits of Living in an Apartment
Having to think about where you would relax after work might be as simple as it sounds. What about having to think where you would sleep every night and live the rest of your life? A final decision on this aspect might be not as simple as it sounds and require holistic evaluation and clear thinking. Let us give you some insights, based on our experience and customer feedback regarding the benefits of living in an apartment. We will soon give our insights on the benefits of living in a house.
Some may claim that it is better to spend a portion of their salary for a monthly rent rather than a mortgage monthly installment. However due to the increased demand and rising rent trends in Limassol, a lot of couples are now looking to buy rather than rent. In addition to a lower monthly payment, because of the smaller space, the maintenance and utility bills are generally lower which makes the decision on buying an Apartment a much more easier choice.
Its simple. Smaller space less expenses. The benefits of living in an apartment remove the extra fuss of unexpected maintenance expenses that sometimes occur when living in a house. Even if they occur, most likely the cost would be much less and controllable. The peace of mind of unexpected costs is priceless. The lack of need to maintain property is not only a financial windfall but also a stress reliever.
Unlike houses, apartments are generally built with specific amenities. Some of them include pools, gyms and other facilities, that make you feel like a king and that you really made a bargain if you think of the price you paid for your property. Moreover, convenience stores, local shops and restaurants are most of the times in a very close proximity to apartment complexes. Although you can have these elements built to your house the financial obligation is not as rewarding.
The majority of house owners protect their home using home security alarm systems. However, living in an apartment complex, there is a major increase in safety. The close proximity of neighbors and the main entrance door feature always adds on value and extra safety especially for children, families and elderly people.
According to data provided by the Department of Land and Surveys of Cyprus, between the period of 2011-2017, the Apartment market outcompeted the Houses market. More specifically 82% of the registered deals on the Residential sector concerned apartments and 18 % concerned houses.
Overall, Apartments are perfect for anyone who wants a place to call A HOME. Considering the above benefits of living in an apartment, this is the time to invest into your future.