Emma Sullivan. Interiors Design. June 12th , 2018.
Lastly, furnished apartments have a higher turnover rate influenced by different market forces including the weather and season, the holidays, currency exchange rates and others. That means that you will have your hands full looking for new tenants. Not every tenant is on the hunt for furnished properties as many have possessions that they wish to bring with them. Be aware that your target market with a furnished space may be considerably smaller. So if you want to start your own property investment, opting for furnished apartments is a smart choice.
Many property investors also prefer investing in furnished apartments as they are often leased for shorter periods. As a landlord, this gives you ample flexibility. This a definite advantage if you are keen on using your apartment for vacations or other purposes. Furnished apartments also tend to attract better tenants. This is highly likely if you own a property in a city centre and acquire professionals as tenants. These tenants are less likely to damage your property.
If you come to think of it, interior designing a small house or apartment is actually not that difficult. Sure, the limited space may hinder you at some extent but as long as you have the appropriate skills and the right supplies, you can even make it work to your advantage.
You can choose your desired location; you can choose one near your office or you can book one that is near famous landmarks and interesting places if you are a vacationer. You can have a single bedroom apartment for rent or a three bedroom apartment if you travel by groups. Based on these reasons, it is not surprising that in days to come, serviced apartments will be the preferred choice when it comes to accommodations.
Any content, trademark/s, or other material that might be found on this site that is not this site property remains the copyright of its respective owner/s. In no way does BettysBlueStarLounge claim ownership or responsibility for such items, and you should seek legal consent for any use of such materials from its owner.