In this hectic world, people are very much eager and spending their time on the internet to buy their dream home. However, there comes a huge confusion, whether to buy a villa or an apartment. Which is the better option, suits for your family, preferred location, there are many more to consider? Firsts, let’s submerge in the deep discussion and identify the pros and cons.
Villa Pros
Abundant space
Generally, villas are spacious and have more space even around the house. This benefits you to have pets, a private garden and car parking space.
Superior long term investment
Villas offer you a better return on investment than an apartment, as the price of villa costs more when compared to the apartment.
Privacy
The main advantage is the privacy concern, that you may not hear any noise via walls, you won’t receive any complaints when playing loud music. You also have ample distance from one villa to another villa.
Healthier atmosphere
Villas are frequently built in the outer area, where there will be low pollution and you may able to live a pleasant life.
Villa Cons
High Priced
This is correct because you will get both land and house of your own. So, cost of the villa will be surely high.
Tough to rent out
People usually prefer a house either in the main location or middle of the city for good accessibility, but most of the villas will be located quiet outer of the city. So, most of them prefer apartments over villas.
Less rent cede
If you find a tenant to rent your villa, of course, it will yield less rent when compared to an apartment.
Maintenance
In the apartment, the maintenance will be provided to common areas. Bu for villas, the maintenance work has to be done on both indoor as well as outdoor. It will create an uneasy situation for the people living in villas.
Location
Basically, the villas are located in areas little bit far from the city and offices.
Apartment Pros
Best security
The apartment offers you very close wall sharing between each other, so in case of any dangerous situation, it will be beneficial to get help from the surroundings. There will also be tight security features available in the apartment.
Lively neighbourhood
When the neighbours live very close, they will become friends and every celebration will become much fun and creates a joyous situation.
Major chances of tenancy
Apartments have become a popular option for the people, who require only smaller units. Rent is also higher when compared to villas.
Apartment Cons
Limited privacy
The privacy concern will occur because you will get to hear the noise of the neighbourhood apartment. Rarely, the balconies and windows of various units may enable viewing of other units.
Barely any land ownership
For the apartment buyer, the main drawback is you only paid the price for the small unit, so the undivided share of your land is very small.
Extremely populated
If you don’t like crowd, then living in the apartment will be completely difficult for you, because during weekends, common areas will be flooded with the crowd and it is very hard to utilize the facilities.
Huge maintenance cost
It will sound really surprising because the maintenance cost of the villa is pretty low. As the usage of lift and utilization of common amenities results in high maintenance cost for apartment.
SixthStar Homes offers you the best apartment in Trichy, farmhouse in Kodaikanal, villas in Trichy etc. It’s your wish to purchase either villa or apartment.