Although a lot of young people tend to live in flats, they are renting the place until they can afford to buy one most of the time. So, when you accumulate enough money to buy a place, you will probably start by searching for a 2 bhk flat near me.
Besides, when you are investing a considerable amount of money, you want adequate space so that it can help you raise your small family with ease. However, buying flats might not be the best option for some buyers because of certain factors. Therefore, you should know every aspect when it comes to buying a 2 bhk flat.
Understanding the benefits of owning a flat might help you make an informed decision on buying your first property. Here are some reasons why first-time property buyers should consider buying flats.
Whenever you are looking for the best 2 BHK flats for sale in Hyderabad, the first and most obvious benefit lies in their pricing. The cost of buying an independent house is always high, and many first-time buyers find it tiring to indulge in these activities.
Even if you compare the price of 2 BHK flats for sale in Hyderabad with that of building a house on a piece of land, owning a flat is a cost-effective solution.
Besides, it is not likely that you won’t leave the flat. So, you can start looking for a 2 BHK flat near me for sale and begin your first step toward creating your property. You can always sell or rent the 2bhk flat when you need more space and move into another bigger house.
If you are a first-time buyer, the cost of running a home might shock you. When you are renting a place, the overall cost of maintenance rests with the landlord. Hence, if the washing machine or boiler breaks down, call the landlord, and they will send an expert to fix it.
They would also pay for the costs incurred for the purpose. But if you own a house, you have to pay for all the expenses needed for maintenance. Moreover, many first-time buyers don’t have enough money to buy a plot and build a house. It means they would end up buying an old property that demands regular repairs.
Besides, the more space you have, the more you may need repair work. In a nutshell, maintaining a small flat is cheaper compared to maintaining a house. When you buy a flat, the cost of structural repair is almost negligible, compared to expensive home repairs.
In addition, you can save money on utility bills when you are living in a 2 bhk flat. For example, when you have less space, it is cheap to air condition the space, unlike a regular house. Running costs in a small flat are cheaper compared to a house.
The right location
There is no denying that it is easy and cheap to find a flat in a good location. If you are young and looking to buy one of the best 2 bhk flats for sale in Hyderabad, you would love to have a good central location.
Flats near important business hubs or close to multiplexes, bars, and restaurants should be on your priority list. But when you are looking for a house close to the city center, you will struggle a lot. Even when you find one, buying the house is going to be expensive.
However, flats are scattered over the city, and finding your desired one doesn’t take much effort. While you may have to pay more for such settings, the cost of buying a house in the best locations is more expensive than buying a 2 bhk flat.
No wonder security is one of the most important aspects for homeowners. And the need increases if you are living in a big city like Hyderabad. For houses, you don’t have enough security beyond a certain point.
You may have CCTVs installed that even work in low light. Also, having strong fences with sufficient lighting around your house helps to keep intruders away. But when you are far away from home, there is little protection.
However, a flat is secured compared to a house. The presence of several gates to enter your flat makes it a secure place. Besides, a burglar wouldn’t dare break into your flat because of the hallway.
So, what’s next?
Typically, the choice of buying a house or a flat lies with the buyer. That way, they opt for an independent house or a villa. For budget-conscious people, a 2 bhk flat is a better choice.
If you are looking for 2 bhk flats for sale in Hyderabad, Celebrity Prime Developers can help you make a good decision. With 18 years in service, they helped plenty of clients get their dream property in a preferred location and at amazing prices.