What is a studio apartment? An ultimate guide about it
Nowadays, real estate developers are gradually providing more options for customers besides high-end, large apartments. Targeting young customers or those who want to invest with limited finances, developers also focus on the small apartment segment, one of which is studio apartments. So, what does a studio apartment mean? What is the purpose of owning this type of apartment? Let's answer those questions by reading the article below!
What is a studio apartment?
A Studio apartment is a small apartment with a living room, bedroom and kitchen connected, giving the feeling of a larger and more efficient space when not separated by walls. "Studio" is a word used to refer to a space used for filming and taking photos using specialized equipment. However, the term "studio" has a completely different meaning when used in the real estate industry. This phrase is used to refer to apartments with quite small areas, without clear divisions by walls.
This apartment is also known as Bachelor or Efficiency. Studio apartments originate from England, but since appearing in Vietnam, they have quickly been positively received as a home for young people or an effective investment tool.
Advantages and disadvantages of Studio apartments
What are the benefits of studio apartments?
First, with a studio apartment, everything necessary for life is integrated into a small area thanks to the design style of all rooms in a common space, creating convenient conditions for all activities such as eating. , sleeping, living together, etc. For those who live alone or in a small group, this is a sufficient and perfect condition for a comfortable and convenient life.
Besides, studio apartments are also suitable for people with low to mid-range incomes with low buying and renting costs. Not only that, the limited area reduces the need to buy furniture, helping to save costs compared to large apartments. In addition, the small area and minimalist lifestyle also help save time and cleaning costs.
Because the entire apartment is a shared space, people living in the apartment can also significantly limit electricity costs, especially lighting and air conditioning. You only need to use one or two light bulbs for the whole apartment instead of having to buy many light bulbs, fans and air conditioners for many rooms like regular apartments.
What are the disadvantages of studio apartments?
Due to the small area and common living space, studio apartments are usually only suitable for people living alone or newlyweds and groups of 2-3 people. However, if you don't live alone in a studio apartment, you will have to accept that you will almost not have your own space but have to share the entire space with others and it is inevitable that you will be distracted and stressed. Distracted by people around.
Appropriate interior design is also a headache for owners of studio apartments. Because the space is small, you will have very little space if you want to add non-essential items or equipment. It can be said that this is the type of apartment suitable for a minimalist lifestyle and minimalist decoration.
In addition, you also need to pay attention to the legality of this type of apartment. There are some buildings specializing in the condotel type with many studio apartments, however, these buildings are usually only granted 50 years of ownership. So if you want to own long-term, research carefully and talk to the seller before buying.
What is the purpose of buying a studio apartment?
Studio apartments usually do not have high prices because of their small area. This is suitable for the majority of customers, especially single people aged 18–30 or young families. In addition, studio apartments are often built in the inner city, where it is easy to get around.
Studio apartments often do not have partitions, which saves energy from lighting the entire apartment and makes cleaning easier and faster. In addition, homeowners need to pay attention to arranging furniture properly in the studio apartment to have an airy and not stuffy space.
With all the streamlining and convenience, perhaps the biggest purpose of owning a studio apartment is to optimize costs, time and effort in life.
Who is the target audience for studio apartments?
Studio apartments are mainly for people who are studying and working in big cities. As mentioned, for the purpose of buying to settle down, studio apartments are suitable for young families, without many members, people living alone or in small groups of 2 to 3 people. With such a number of people, the studio apartment will maximize its functionality and comfort.
However, studio apartments are also an effective investment vehicle for real estate investors, especially in the initial sales phase. Firstly, studio apartments do not require a high amount of capital because the price is somewhat lower than large apartments. Second, with the increasing popularity of apartment rental services in the form of homestays or home vacations, apartment owners have many investment options such as subleasing or reselling apartments to specialized suppliers. this service. This is the type of apartment with the leading liquidity on the market today.
Conclusion
So, should we buy or rent a studio apartment? Royal Center Suite has also provided you with an in-depth analysis of the advantages and disadvantages of this type of apartment and necessary notes. To make a decision, you must carefully consider the target audience, price and intended use. If you plan to stay in a group of 3 or more or stay long-term, this may be an optimal choice for you. With an area of only 20-50m2, you should limit the number of people staying in this type of studio apartment to ensure a comfortable living space. If you would like to experience the studio apartment, come to the luxury studio by Royal Center Suite with options for hourly, daily and monthly rental!
