How big is a luxury apartment?

A luxury apartment spreads over more than 1800 sq ft, accommodating a 3 or 4 BHK space. Expansive kitchens, maid quarters, attached balconies or a party space can be a part of it. Regular apartments can range from 700 to 1200 sq ft and are mostly compact units housing all under the same roof.

What defines a luxury condo?

A luxury condo is a building within multiple units owned by a different individual. Apartments are designed similarly while condos carry a personal touch. Luxury condominiums display exquisite designs and high-end finishes with modern appliances. The owners manage condos while professional companies run apartments.

Why are luxury apartments so expensive?

‘Tight vacancies are the primary reason apartments are so expensive’ Fewer vacancies often translate to limited options for renters, which means more competition—and higher prices—for the units that are available, according to Basham. “Tight vacancies are the primary reason apartments are so expensive here,” he says.

What makes a rental luxury?

Amenities and Appliances: Luxury rentals will most likely have the highest quality and availability of amenities and appliances for tenants. Amenities like swimming pools, cinemas, and arcade rooms make a property qualify as a luxury home.

Are luxury apartments worth it?

Living in a luxury apartment is likely worth it as long as you take all of the expenses into account. Most luxury apartments are in a gated community and come with premium amenities like strengthened security and spacious pools, which adds to the overall cost for rent.

What makes a condo a luxury condo?

How do you market a luxury rental?

How to Market Your Luxury Villa to Get More Bookings

1. Offer A Virtual Tour Of Your Vacation Rental Property.
2. Highlight Your Villa’s Luxury Amenities.
3. Create A Website For Your Luxury Rental.
4. Offer Concierge Services To Complement People’s Stay.
5. Use Social Media Advertising to Market Your Property.

Are luxury apartments soundproof?

As mentioned previously, luxury condos will typically be more soundproof since the materials used in the building will usually be of higher quality. For example, while concrete buildings are not always considered “luxury,” they will certainly be much more soundproof than a house made from lumber.