The real estate market is always evolving and developing. Developers are always developing new technologies in order to better suit the needs of purchasers and make housing more accessible. This is how smart residences first debuted on the market. Click here to see luxury apartments in Lahore for rent.
Every year, the popularity of smart residences grows in our country. They are less expensive and more functional. However, not everyone is aware of what it is, what its attributes are, and who it is appropriate for.
Let’s take a look at what a smart apartment is and whether it’s worth your time.
What exactly is a smart apartment?
A smart apartment is a well-planned apartment layout in which all necessary equipment is located in a small area. In a smart apartment, there are no corridors — none at all. And every square metre is utilised to its full potential here.
The fundamental aspect of a smart apartment is that it meets all of the needs of a modern person in a tiny living space. Such dwelling was initially developed in the United States and others, and it is now highly popular. Smart flats are only now becoming popular in Pakistan.
What distinguishes a smart apartment from a regular flat?
The space is the first thing that distinguishes a smart apartment from a regular full-length flat. A typical one-room apartment has a floor size of approximately 35 metres. Smart apartments range in size from 18 to 30 metres.
In a smart apartment, there are no corridors, and the entire space functions as one room.
A typical apartment has a hallway and a separate kitchen. There are more rooms than in a smart apartment. As a result, standard apartments have a lot of space.
The average 1k apartment is 35 to 60 metres squared. However, it is more profitable for a developer to sell multiple smart flats rather than one huge one, and people prefer little apartments because they are less expensive.
The benefits and drawbacks of smart apartments
Developers currently provide a limited number of modest units. They are, however, still in high demand. Naturally, smart apartments have significant drawbacks in addition to their obvious benefits. Let’s see if we can figure things out.
Advantages of smart apartments include:
The lowest cost; profitability; and the lack of heat loss;
When renting out, you get a quick repayment.
The absence of partitions;
All square metres are utilised to the greatest extent possible;
Minimal repair expenses
Smart apartment disadvantages:
The entire cost is reasonable, but the price per square metre is the highest on the market;
Utility bills are computed at commercial rates if the apartment is owned by a non-residential fund.
A huge number of “pitfalls” in the developer’s contract;
Odors easily spread throughout the flat;
A huge family will not feel at ease here.
On one story, there are several apartments.
The unit is intended for no more than 1-2 persons.
Who is the smart apartment for?
A small space is not appropriate for everyone. Let’s figure out who a smart apartment is an ideal answer for and who will be uncomfortable in it.
Who is the smart apartment appropriate for:
Students, busy people, and elders who prefer to spend their time alone indoors;
For individuals looking to invest in real estate, such an apartment will rapidly pay for itself because you will spend less money on it and will receive the same amount of money when renting it out as a one-room apartment.
Those who do not have sufficient funds to purchase a full-length flat;
A married couple who do not intend to have children.
Advantages of smart apartments
A smart abode is not for everyone. However, if it suits you, you will notice a slew of significant advantages. Let us examine them more closely.
As previously said, all square metres in a smart dwelling are utilised intelligently. Only built-in furniture is typically seen here. This is a kitchen set with equipments.
Everything in a smart residence is laconically split into zones, yet some of them can be used for multiple purposes if necessary. During the day, for example, a seating space might serve as a reception area or a work area if you work from home.
There are numerous possibilities, and the functioning of each zone can be changed at any time.
Because smart apartments are still in their infancy in Pakistan, they are all housed in modern residential complexes. The majority of them have parking spaces, playgrounds, and other amenities.
Shopping centres, stores and pharmacies, entertainment areas, exercise centres, and other amenities are frequently nearby. That is why smart apartments are becoming increasingly popular.