Apartments v/s Villas: A comparison
If you happen to live in Karachi, you must have come across a conversation about whether one should invest in apartments or villas. But only the residents of Karachi know the ground reality and therefore are aware of the fact there is a constant housing shortage, and therefore it is best for Karachi to build more apartments than villas to facilitate the masses. This is one of the major reasons why people who want to stay in the city instead have begun to invest in apartments.
However, when you do your homework regarding apartments you come across a lot of speculation that tends to confuse and overshadow your decision of investing in apartments. Nevertheless, some speculations concerning apartments are completely wrong and our investment experts have dealt with criticism regarding apartments in this blog. Through this blog, we will try to outline as best as we can the perks and disadvantages of apartments.
Apartments owns a Land
Land Partnership not Ownership
First thing first, a major concern regarding apartments is that the residents have no part in the land, which is a misconception that needs to be addressed. Once you invest in a property means you have a land partnership and you can have the same purchasing power, leverage, and potential fiscal benefits as a real estate owner.
Payment Plan
Secondly, if you compare the payment plan, in villas you have to pay one time payment on the other hand with apartments you have different installment plans. The one time payment may become very tiresome for a lot of people.
Our experts say in apatments you have the option of getting a customized installment plan, and it's up to you whether you want it for rental or living purposes.
Privacy
Lastly, a popular belief surrounding apartments is that they don't give you as much privacy as villas do. This is addressed by our experts and they believe that yes there are things that are poles apart in villas and apartments, with the apartments you have the feasibility of getting fully furnished apartments as per your choice
However, the villas are luxuriously spacious independent places with them you can never make much investment and often go beyond estimated investment amounts during the construction of villas.
Our experts suggest investing in apartments to people with a salary-based income, as for them, they look for the safest option to invest in, an option that is likely to pay back. For salary-based income individuals we recommend investing in Real estate .
Recently, Redbox has introduced such an apartment project, namely Taksim Heights in the Bahria Town Karachi which has availability of 1 bed and 2 bed apartments. The apartment is located near the famous theme park, Bahria Head Office, and midway commercial, an undeniably superb location. Taksim height has a limit of 32 apartments and is therefore highly recommended for those who prefer to stay in private apartments. It is a ground plus 8-story project with limited apartments and convenience of shops on the ground floor and is considered to be one of the most private, luxury, and economical apartments.
Taksim Heights is seemingly the best apartment project available at the moment for investment as well as for investment purposes. It is open for booking with only a few apartments available now. For further information, you can consult our professionals for more information about this project, they will guide you through your investment opportunities.
You may contact us at RedBox if you have any queries regarding any investment. You may read our other articles to fulfill your investment knowledge base and what’s in trend right now.
You can also contact the author of this article at sabanisar98@gmail.com if you have any queries.