There is a need to be aware that determining the best investment to make between one bedroom pre-selling condo and studio is not an easy thing and needs lots of consideration. In this regard, you need to be aware of the pros and cons of each option as that will lead you well in making the necessary decision. In this concern, continue reading this article and you will know the pros and cons of each option hence making the needed decision.
The first pros is affordability. You need to be aware that studios are cheaper than the one bedroom condos, read more now. You need to be aware that studios will be more appropriate for those people who will be starting to invest as that will be cheaper for them. Click here for additional info on one bedroom condos.
Secondly, there is high rental demand. It is vital to be aware that studios are highly demanded in locations such as central business districts. In this regard, when you invest in studio units you will get high returns as you will have more tenants in your unit as compared to one bedroom condos.
There is flexible use as a pros. People use studios for various purposes such as home office and with that concern you can receive more clients who will need to use your units. It is easy to manage studios. Managing a studio is easy and it requires less maintenance as compared to a bedroom condo.
The disadvantage of investing in the studio is limited space. In this case, if people need more living space they will not opt for studios but will choose other options that will make them comfortable. Studios are not suitable for families. Families that will be having children will not like studios because will have limited privacy.
One bedroom condos are affordable. Despite they are costly, compared to other larger units options one bedroom condos are more affordable, check it out! You need to understand that studios are preferred by people who want to upgrade from studios because they will have more space to do their things. Visit this website for more info on One bedroom condos.
Another benefit is lower maintenance costs. One bedroom condos when compared to condos are larger but are smaller based on other larger units and therefore maintenance cost is reduced. To manage one bedroom condos is easy. It will not be hectic to manage one bedroom condos since will have enough space and amenities that tenants will need so they will feel comfortable. You should understand that the cons of investing in one bedroom condos are high, limited flexibility, and many more.