Reasons to rent a serviced apartment

Buying a basic apartment can give you the freedom to personalize and design your own space according to your personal style and preferences. This is a good idea for those who hope to rest at the end of the day in an abode where they feel more comfortable.

However, this option comes at a price, an expensive one. Bare apartments involve the purchase of furniture and household appliances. This can be fun for those on a flexible budget, but those who lack the finances to pull off their decorating prowess may find it a far cry from reality.
Renting a serviced apartment becomes more practical.

Serviced apartments are residential areas that come with full fixtures and furnishings. The monthly fee may be more expensive than the cost of paying rent for the vacant spaces, but think of the price you have to pay for furniture that may also be useless after the lease is up.

However, keep in mind that serviced apartments are not for everyone. Long-term leases can burn holes in one’s pockets and lead one to spend more than the set rent budget. Therefore, renting a serviced apartment is recommended for tenants who do not intend to stay for a long time. This configuration becomes ideal for:

1. Students: College students who have crossed borders to study are the largest renters of serviced apartments. Typically, students stay for a semester or two and move elsewhere, especially when the cost of rent gets high. However, a fully furnished apartment becomes a conducive haven for learning, in contrast to noisy bedrooms filled with boisterous co-inhabitants.

2. Travelers: Apartments with a myriad of facilities and amenities are pleasing to tourists on a tight budget and traveling in large groups. The atmosphere of the serviced apartments may not be as sophisticated as that of modern hotels, but the spaces are not bad at all. The rents can be paid weekly or monthly, including the costs of electricity, water, telephone and Internet connection.

3. Traveling Business Professionals – The thing about business travel is that it can get crowded, leaving employees with no choice but to stay longer. Hotels may be an option, but lodging can make a fortune for extended stays. Entrepreneurs can therefore secure a short-term lease at first and extend the lease when the need arises. After all, landlords in some areas give discounts to tenants who have rented the place for a long time.

Hotel accommodation and other rentals are quite expensive compared to the price of a serviced apartment, even when the facilities and services offered are almost the same. And unlike hotel suites, furnished apartments provide additional spaces complete with living room, kitchen, dining room, and cozy bedrooms. Tenants can choose to cook their own food, free of charge, instead of dining out at expensive bistros and restaurants. Room service may not be present in the serviced apartments, but the owners are more than happy to lend a hand, should you need help with anything.