Why apartments are better than houses?
The age-old argument on apartments vs. houses has gone on for years. In Bangladesh, apartments are a less desirable option than homes. But there are many reasons why apartments can be better for you.
Most people typically choose affordable options while deciding where to live. But it is also crucial to know about the pros and cons. Once you find the pros, you will realize the overwhelming advantages of apartments.
In this article, we will delve into the causes behind why apartments are better than houses by exploring the cost-effectiveness and benefits.
What are the advantages of an apartment?
Homeownership may be a lifelong dream for most Bangladeshi Individuals, but not everyone. Homeowners’ rate in Bangladesh is currently top-notch, but the case is different today. There are a lot of families who either own their homes or rent someone else. But most don’t know that renting apartments also has perks.
Renting an apartment can be more beneficial for some people due to their financial condition. Below we have listed most of the advantages of furnished apartment for rent in Dhaka.
1. Ease of Maintenance with no repair bills
One of the major advantages of renting an apartment instead of owning a house is that there are no maintenance or repair costs. Once you rent an apartment, it’s the owner's responsibility to take care of all maintenance and repairs. If the roof leaks or you face other problems, notify the homeowner. The homeowner is responsible for fixing the problem without any costs.
2. Complete access to Amenities
This is another advantage of renting an apartment that can save your pocket efficiently. Having luxurious furniture and other amenities will save you financially and cut off the extra hassle of transportation.
Instead of an apartment, if you own a home, you will have to spend thousands of money to get access to these luxurious amenities. In addition, you will have to spend extra money on its installation and maintenance.
3. Increased Safety
Security and safety must be prioritized while considering the advantages and disadvantages of the apartment and a house. The security of living in an apartment in a multi-unit building you will not find in a home.
Most apartments have gated communities, authorization during entry, CCTV cameras, and extra protections such as fire protection. The distance from apartment to apartment is close, which increases the proximity between neighbors. And this proximity can be a significant safety benefit.
Choosing an apartment will be perfect if you want to live alone or with families and children with peace of mind.
4. More Flexibility of Where to Live
Another significant benefit of renting an apartment is living where you want. But homeowners are tied up with their home location. Most of the home buyers are not able to buy a home in an expensive city like Dhaka. But individuals can rent any apartment in any area with ease. However, the rents of apartments can differ based on the apartment's location.
5. Lower Utility Costs
Homes are typically larger than rental apartments, resulting in higher electricity bills. Rental apartments are built compact, making them more cost-effective and affordable and using less electricity than houses.
6. No Real Estate Taxes
Real estate taxes can be a burden for most homeowners in Bangladesh. In some areas in Dhaka, the property taxes are so high that you must pay yearly. But if you rent an apartment, you won’t have to take this hassle of paying property taxes.
7. Short-Term Living Option
If you don’t prefer living in the same place for a long time, then renting an apartment suits you. You can’t get this freedom residing in a home, but an apartment gives you that.
You can find many apartments with short-term leases, such as for 3 months, 6 months, or 12 months.
8. Build Your Savings
Living in an apartment not only gives you flexibility and financial benefits, but it also gives you a chance to start savings for your future life. The cost of maintaining a house makes life more difficult when you want to save for your future.
But if you live in an apartment, it brings up new opportunities for you. You can set your financial path and make that a reality with your savings.
FAQs
Is it better to live in a house or apartment?
The preference between living in a house or apartment depends on personal choice and circumstances. Homes provide benefits like larger space, privacy, and other potential features. But apartments often offer more convenience, free access to amenities, and no maintenance charge.
What is difference between house and apartment?
An apartment is a shared unit within a larger building, while a house is a detached structure with its outdoor area or yard. While apartments boast shared facilities and amenities, homes offer more seclusion and personal space.
The main difference between a house and an apartment is that an apartment is usually a shared unit of a large building. On the other hand, a house is an open structure with an outdoor a
What is the purpose of an apartment building?
The purpose of an apartment building is to offer various living spaces in a single facility, fulfilling their purpose effectively. Apartments allow more people to live in limited areas while utilizing apartment resources effectively.
Welcome to our blog “CYBER SUGGEST“. Debmalya Datta is a professional Blogger, Developer, Social Media Influencer, Digital Marketer and Entrepreneur. He loves doing work which makes him happy, that’s why he choose Blogging and Educate people. You will love exploring educational stuff on our blog. Live your dreams as much as you can. Be a SHAMELESS SELF-PROMOTER
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