More Than Just Posh Digs: 3 Reasons To Invest In A Luxury Apartment

11 January 2016
 Categories: Real Estate, Blog


Many Americans put a significant amount of thought into where they will live. Statistics show that 37% of US households are occupied by renters, and apartments seem to be popular among the rental population.

While you might think that the price of a luxury apartment is too high, it's important to consider the benefits these apartments can provide. Here are three unexpected reasons why it might pay to invest in a luxury apartment in the future.

1. When you rent a luxury apartment, you get to live in a secure building.

Luxury apartments are known for their amenities. While a swimming pool or fitness facility can be exciting, access to a doorman is one of the most underrated amenities offered by luxury apartment buildings today.

Statistics show that homes which do not have a security system are 300% more likely to be targeted by burglars. A doorman acts as a security system by controlling who has access to the building in which he or she works. Renting an apartment in a building with a doorman can reduce the likelihood that you will experience a break-in.

2. Renting a luxury apartment helps ensure you will have good neighbors.

According to the FBI, there were 367.9 violent crimes for every 100,000 people living in the United States in the year 2013. If you are worried about being victimized, opting to rent a luxury apartment can put your mind at ease.

In order to sign a lease agreement in a building that offers luxury units, tenants are usually required to undergo an extensive background check. Criminal history, financial history, and personal references are scrutinized before approval is given. This thorough background check helps ensure that the tenants living in your building will be good neighbors.

3. Living in a luxury apartment allows you to take advantage of city life.

Luxury apartments tend to be located in metropolitan areas. If you are looking for easy access to dining, entertainment, and transportation options in your city, then investing in a luxury apartment could put you right in the middle of these amenities.

Many luxury communities are in the heart of major city centers, giving you a wide variety of employment and entertainment options at your doorstep.

Making the choice to spend a little more for a luxury apartment can be beneficial. You will enjoy a safe living environment, good neighbors, and easy access to city amenities when living in a luxury unit.