Before buying a home we always consider many different factors to take into account; the type of home, its location, essential characteristics of your future home, maintenance costs, access to public transport, hospitals, security in the area ...
Why is the apartment the type of property most people buy in the 21st century?
1. First investment
The main advantage of living in an apartment is its price, we know that there are luxury apartments both due to their characteristics and their location, but in general terms, we can say that the apartment is the cheapest type of property you can find. That is why for most people it is their choice as their first home and as an investment in second properties as well.
2. Biggest demand
The large offer of apartments is one of the advantages most valued by property buyers, because more options means a greater diversity in the characteristics of the apartments, so it can cover a wide sector of market.
And the most valued aspect; the greater the offer generates the greater the competition in the market price.
3. Location
An apartment expands your possibilities of Where to live? It allows us to have the essential services such as supermarkets, hospitals, public transport and leisure nearby.
Plus the option to live in the center of the city or in coastal tourist areas without its price being exorbitant.
4. Security
Safety is a critical aspect that most prospective home buyers take into account. Living in an apartment is usually a safer option than a single-family home, due to its difficult access. Having a single entrance and exit, a 24-hour doorman in some communities, are highly valued aspects among families.
5. Maintenance
A fundamental aspect is the savings that living in an apartment entails. As it is generally a smaller house, we will have: less community fees, lower taxes, more moderate water and electricity bills, especially if we buy a New Construction apartment where energy efficiency is at its best.
6. Common areas
Common areas such as: gardens, playgrounds, community swimming pools or other common sports areas are in high demand. An aspect in high demand for families looking for a way to have children safe playing outdoors in a controlled area.