Unable to decide whether to invest in an apartment or villa? You aren’t the only one. This has been a difficult decision for most homebuyers. There are pros and cons to both apartments and villas, which makes the decision of “what to invest in” a personal choice. There are many factors to consider before being able to make a choice, such as the affordability, property location, property value, amenities offered, and more. While living in an apartment can prove to be more affordable and comfortable, living in a villa can be luxurious, independent, and flexible. Let’s help you know some of the most important factors that you should consider to be able to make an informed decision.
The affordability
It is a well-known fact that an apartment is much more affordable than a villa of the same size. That’s because the area on which the apartment stands is shared by a number of individuals/family, thus sharing the cost of the property as well. On the other hand, the area on which a villa stands is owned by one individual/family alone, meaning the entire price being paid by the one villas owner. Also, the maintenance charges of a villa are higher than that of an apartment.
The location
It is most likely that apartments are built within the main city, or in a crowded residential space, and villas are generally coming up on the outskirts, or in the less congested areas on the boundary lines of the city. Most developers prefer building villas a little away from the main city, so as to give the residents a peaceful and tranquil stay. Many apartments are also chosen to be built in such areas, but again, now or later, they won’t bring the amount of peace, calm, and privacy that a villa would.
The customization options
If you are an individual who is quite particular, selective, or choosy, you’ll want your home to be just like what you have dreamt it to be. Then, we’d suggest that if the time and budget permits, you opt to purchase not an apartment or villas, but a plot instead. This way, you can have your own dream house built, with your own designs, specifications, amenities, and facilities installed. However, if you’re looking for a readily available property, but are yet picky about your choice, we’d recommend you choose a villa. That’s because villas can offer you enough customization options, where you can add or eliminate whatever you like or dislike as per your choice. You can also use the outer space to build up whatever additional amenity or facility you’d like to have in your home. In the case of apartments, you can only make minor adjustments, that too only within your house, not giving you the permission to alter the exteriors.
The property value
Who doesn’t want a good return for investment? When you wish to sell your property in the future, you always want great returns. You want more than what you’ve bought the property for. This is likely in the case of a villa. Apartments may or may not yield a good return on investment, but a villa will for certain bring more value for money than an apartment. The excellent infrastructure in desirable surroundings raise the resale value of a villa. Investing in a villa can be expensive, but the investment can pay off well in the long run.
The amenities offered
In recent times, builders are offering both apartment and villa buyers with a number of amenities to make life both convenient and entertaining. The most general amenities offered are a clubhouse, a swimming pool, a gym, and an amphitheatre. However, when it comes to larger spaces like villas, specially those in gated communities, there is a lot more that is offered, such as cricket pitch, basketball court, kids play area, lawn, and more. Hence, for those looking for all such amenities, a villa is a better choice, while for those who are content with limited comforts, an apartment would do.
To sum up, an apartment is quite affordable and comes with all the basic amenities that one would need to live a comfortable and convenient life. And, a villa is an expensive investment, but it comes with a lot more than what an apartment can offer, and can also offer a better return on investment. The choice is now yours to make. If you opt for choose residential villas for sale in Bangalore, MJR Divine Meadows make for the perfect choice, as it is strategically located, offers amazing amenities, is significantly affordable, and most importantly, offered by one of the most reputed developers in Bangalore – MJR Builders.