Many people consider living in a detached house the ultimate status symbol. But it turns out that many people are still choosing apartment living, and not necessarily out of necessity. For many, these actually offer the best experience, far beyond anything that any other property type can offer. But what is it that makes apartments so appealing?

Lower Maintenance Costs
Many people imagine that paying ground rent is one of the costs of apartment living. But it turns out that this predictable maintenance cost often works out far less that it would on an equivalent house.Â
Usually, the ground rent is a few dollars each month. However, paying 1 to 2% maintenance on a detached house can be thousands of dollars. Apartments are often part of larger and more robust buildings, which is one of the reasons why they require less maintenance, according to www.citizensinformation.ie.Â
Cost Of Living Effectiveness
Another perk of apartment living is the lower cost of living. Generally, they are considerably more affordable than houses, and usually involve lower month costs than, say, a mortgage.Â
Furthermore, apartments often come with additional perks that you don’t see with regular homes. For example, landlords will sometimes throw in things like water and waste, which are quite predictable and don’t fluctuate much in price.Â
Access To Amenities
On this theme, you also often find that apartments provide access to amenities, which is something that websites like https://yav.co.il/ explain. For example, they might have things like laundries, gyms and saunas on-site.Â
These perks aren’t strictly necessary, but they can be nice additions that make life more convenient. Many people like the fact that they don’t have to leave their apartment block to get a workout or benefit from a fresh meal.Â
Prime Locations
Apartment buildings also tend to be in prime locations. Many are close to transport hubs or in the middle of town where all the action is taking place.Â
You often see apartment developments next to major shopping or transit projects. These accommodations mean that you can get access to everything you need close by without having to walk everywhere.Â
Community Living
Community living is another benefit of apartments for some people. Many can take on a kind of community spirit that isn’t possible in regular suburban developments, leading to closer bonds and ties with other people. If you are social, you may prefer this approach, since it is something you can do when meeting with neighbors or trying to establish connections with others.Â
Better Security
Finally, apartment buildings are much more secure than conventional homes, reducing the risks of theft and break-ins to a minimum. Most begin with sheer walls that are almost impossible to scale before reaching the first apartments, meaning that criminals need specialist equipment. Furthermore, a lot of them have lobbies with concierge staff and security who run a tight ship, controlling who can come in and leave at all points. This security doesn’t usually add extra cost for residents since it is included in the rental price.