Updated: Sep 22, 2019
It's no secret, Luxury Apartments are on the rise in Texas! Have you ever stayed at a 5-star hotel and felt like - WOW - I want to live here? Well living in an upscale apartment may be the next best thing! Many are as luxurious as a 5-star hotel with features and amenities you could find in a mansion. Here are the top benefits of choosing a high-end apartment rental to call home.
The upfront cost to rent a luxury apartment is less expensive than buying a home, no big down payment, and no closing costs. In addition to an overall lower move-in, utilities are generally lower because of a cozier space, and the upkeep and maintenance are almost always the apartment communities responsibility and not the tenant.
Maintenance Free Living
As mentioned in the financial benefits, maintenance expenses are almost always the responsibility of the apartment community. Imagine not having a "Honey do List" every Sunday! Envision the free time you will have without yard or pool maintenance chores! This is not only a financial blessing, but it also alleviates a ton of worry and hassle associated with the upkeep of maintaining a home.
Amenities Oh the Awesome Amenities
Luxury apartment complexes are generally built with well planned out amenities such as resort style pool, well-equipped fitness center, business center, cinema room, billiards room, resident lounges, and much more! Luxury apartment living can prove to be a very pampered and stress-free living experience.
Luxury apartment communities invest security features for the overall safety of its residents. Many include 24-hour doormen, valet parking, security cameras and secure building access to name a few.
Another great benefit of luxury apartment living is the social aspects if you desire. Because of commonly shared amenities such as a pool, fitness center, and lounge areas; you will likely meet many like minded people to socialize with.
Short Term - Low Commitment
For many business professionals, low commitment living is appealing. If relocation is required for a new position, many apartment communities allow the tenant to pay a reletting fee to get out of the lease early. Ask about this prior to signing your lease. Because most leases are only 6-12 months - if you cannot pay a reletting fee to end the lease early then you are only responsible for the remainder of your lease.
One of the best things about a luxury apartment community is the close proximity to most anything you need. Shopping, restaurants, hospitals, salons, and just about anything you can think of is normally close by.
Foreclosure or Bankruptcy
For some business professionals, a change in their high paying corporate position may have ended abruptly and caused a bankruptcy to be filed or even a home to be foreclosed on. This will make it difficult to obtain a home loan for several years. So leasing a plush pad while you get things in order is a great option. There are some luxury apartments that will lease to someone with a negative financial history.
Overall, people generally choose luxury apartment living because it is low-stress living, convenient and with plenty of perks! If the benefits of luxury apartment living sound appealing, you should give it a try! At Texas Apartment Locating we can send you a complimentary list of luxury apartments that meet your requirements. Just complete a short search request form to get started!