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Updated by Joanna James on May 02, 2024
Headline for Buying an Apartment Checklist- Settling for Customised Excellence
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Joanna James Joanna James
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Buying an Apartment Checklist- Settling for Customised Excellence

For a first home investment where all the action and city enticements are, it doesn't get better than a functional and aesthetic apartment. However, to ensure a fully satisfactory purchase that adds value to your life goals, here are some essential considerations to check off.

1

Prestige and Policies

While we may justifiably romanticise condos with courtyard or rooftop gardens, ocean views, and a dreamily fitted kitchen, we must also look into whether our lease agreement comes with the level of transparency, flexibility, and security we want. For instance, if you're part of a well-known owner's corporation, there are less likely to be underhand dealings but also potential rules to be followed by tenants. Therefore, whether it's attending frequent meetings, pet-friendly policies, or usage of common facilities, make sure these regulations tally with your lifestyle.

2

Amenities In and Around

Apartment living means that you have much to make of limited space, therefore, ensure that it is appointed with the amenities necessary for your wellbeing, convenience, and productive indulgence. Also, even if you find a space that meets your non-negotiables, such as ample kitchen cabinets or a built-in washer and dryer, it's vital to peruse your immediate surroundings for personal essentials such as a good café for your morning coffee fix or an open green area for scenic unwinding.

3

Hidden Fees

While it's easy to steer clear of deals that sound too good to be true, the sneaking pitfalls of "levies" in apartments adhering to a strata scheme, for instance, can catch you off guard. In such a situation, all apartment owners are liable to pay a fee for the upkeep and improvement of common areas and facilities if the majority vote toward certain upgrades and renovations. Therefore, if you want to avoid paying thumping owners' corporation fees and maintenance funds in addition to your rent, utilities, parking, and storage, this is worth inquiring about before signing any papers.

4

Strategic Location

The best apartments offer their tenants the win-win scenario of a serene, respectable, and attractive neighbourhood that is hidden surprisingly close to the buzz of the city's major hubs. It's always a good idea to walk about the immediate vicinity of the property, scoping out the homes and businesses in the area. For instance, you might come across an adorable organic grocery store that seals the deal or stumble upon a bistro that could keep you up all night with sounds of raucous revelry. If you're seeking picturesque apartments in Sri Lanka proffering excellent connectivity to thriving urban centres, venture no further than Prime Residencies.

5

Customisable Layout

A holistic lifestyle requires a wholesome, uncluttered, and illuminated space that inspires and uplifts. Therefore, it's vital to ensure that your new apartment has an airy layout combining an open floor plan, abundant windows, plentiful natural lighting, and clean minimalist lines.

6

Provisions for Security

While glossy wood or tile floors, ample closet space, and a sleek workstation are all great non-negotiables, your security and wellbeing matter more. The abode you choose must possess top-notch security features, from swipe cards and working security cameras to fire alarms and exits.