Imagine going house hunting for either an investment property or a personal space. You come across a beautiful listing that caught your attention but oops, it’s a one-bedroom apartment in Lagos, and you are probably asking yourself if it is right for you. Well, we can say that you are not alone in this hurdle.
When presented with an opportunity to own a one-bedroom apartment in a prime location in Lagos, we have found that many first-time homebuyers do not know what to do with the house. Hence, they keep missing out on what could have been a good investment vehicle for them.
Let us show you 5 reasons why a one-bedroom apartment in Lagos will be a good fit for you whether you are a first-time home buyer or an experienced investor.
- Great Investment Vehicles: In school areas, one-bedroom apartments are in high demand because they offer more comfort and privacy compared to regular school hostels. Owning a one-bedroom rental apartment in such an environment is a good stream for a steady cash flow.
- Perfect Price: One bedroom apartments are a great way to save cost especially when you don’t need all the extra space that comes with bigger houses. Most singles and newly married couples can store all of their necessary possessions in a one-bedroom apartment without having to accumulate unnecessary luggage to fill up the extra space.
- Value Appreciation: Like every other house typology, a one-bedroom apartment in a good location is bound to have a steady increase in value over time. As your apartment’s value increases, so does your potential rental income. Starting out with a one-bedroom apartment can afford you enough time to plan a budget for a bigger apartment.
- Privacy and Space: A one-bedroom apartment is definitely more comfortable and private than living in a studio apartment. With a one-bedroom apartment, you have your own living room, your own bedroom, your own kitchen, and restrooms that are easy to decorate and manage to your taste. You don’t have to sleep in the same room with your gas stove and trash.
- Easy to maintain: The bigger the house, the more time and money you have to spend on maintenance. Hence, it is cost-efficient to move into a one-bedroom apartment if you don’t have any specific need for extra space.
If you are looking for a luxury one-bedroom apartment in beautiful and secured communities, we have two estates with one bedroom apartments that are perfect for residential and investment purposes: