Typically, it is the simplicity of a studio unit that appeals to millennials. Here are a few interesting reasons that make it a good investment option:
- Easy to maintain - A larger size home needs a greater number of utilities. In a studio apartment, the occupant can easily sustain with only the necessities, resulting in simple and cost-effective upkeep.
- Reasonable rental income - When it comes to making money from rental revenue, studio apartments are the finest option. They are a great option for first-time home purchasers or those who want to invest in a second house.
- Easy to resell - Studio apartments are typically situated in prime locations to appeal to a wide range of end-users, including migrants, couples working in separate cities, freelancers and so on. Thus, there's always a demand for studio apartments.
- Eco-friendly - Being a compact space, it is easy to maintain a comfortable temperature in both the winter and summer. As a result, less energy is consumed, resulting in lower carbon emissions.