31.08.2022

HOW TO MAKE YOUR OWN MICRO-UNIT IN GREECE ?

Making a Micro-Unit Work For You.Just because a space is small doesn’t mean that it can’t be stylish and functional. Here are some quick design tips that can help optimize the available square feet in a micro-unit. Invest in dual-purpose furniture. Couches that turn into beds and coffee tables that turn into desks are just the tip of the iceberg when it comes to innovative furniture that can do more than meets the eye. If you&rsquo..

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31.08.2022

CONS OF A MICRO APARTMENT INVESTMENT IN GREECE

Not always cheaper than average rent in the area Minimal storage and living space No-pet-policies or strict limits on pets Not family-friendly or fit to grow into Not fit for couples May be costly to furnish due to need for specialty furniture It’s a good idea to connect with people who live in micro-apartments to see how the experience has been for them. While it does largely come down to personal p..

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31.08.2022

PROS OF A MICRO APARTMENT INVESTMENT IN GREECE

If you’re trying to decide whether a micro-apartment would be a good fit for your needs (both figuratively and literally), you should probably start with a pro/con analysis. There’s no doubt that micro-apartments offer both big advantages and big disadvantages, and you’ll want to weigh both before deciding whether you should take the leap.   Micro-Apartment Pros Often cheaper to rent per month than a standard studi..

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31.08.2022

WHO’S RENTING MICRO-APARTMENTS IN GREECE?

The primary renter pool for a micro-apartment is, unsurprisingly, Millennials, who have historically been priced out of costly rentals in major cities. There is also appeal among older renters who are looking to downsize. As for who’s not renting a micro-apartment, that would be young families and couples, since limited space for one person means very limited space for more than one person. In many cases, micro-units are single occupancy, m..

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31.08.2022

HOW MUCH DO MICRO-APARTMENTS COST IN GREECE ?

Most micro-apartment renters expect to spend about 20% to 30% less per month than they would on a traditional apartment, according to a report by the Urban Land Institute (ULI) Multifamily Housing Councils. That being said, in some high-demand neighborhoods, sparing on square feet doesn’t necessarily mean saving that much in rent. At Carmel Place, for example, a 55 unit micro-apartment building located in the trendy Kips Bay ne..

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31.08.2022

WHATS MICRO APARTMENT INVESTMENT IN GREECE?

A micro-apartment is a single occupant studio that is designed to be as compact as possible. It has all of the amenities that you’d expect to find in a traditional studio apartment—think kitchen, bathroom, general living space—but all of it is squeezed into a tiny footprint: about 200 to 400 square feet. (To help visualize that, 200 square feet is about the size of a one-car garage and 400 square feet the size of a two..

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31.08.2022

IS A MICRO APARTMENT RIGHT FOR YOU IN GREECE?

For city dwellers, it’s not uncommon to pay lots of money in rent for very few square feet. But for those willing to gain a little less in order to spend a little less, a micro-apartment could be just the thing. Micro-apartments, which have been popping up over the past couple of years in major (and pricey) cities like San Francisco, Boston, Seattle, and New York, provide renters with a more compact living space in a prime location. But ..

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29.07.2022

Is The Location Of Real Estate Development Project Right For Your Clients?

The location of a site is key to the success of the development. The product and price could be perfect for the target audience, but if the site isn’t in a suitable location in terms of transport links, school catchment areas and accessibility to amenities, for instance, it's unlikely the homes will be appealing to the buyer. Whilst considering these factors, a property developer must not only be able to see the potential in current ..

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29.07.2022

How Much Are You Safe That You Choose The Profitable Property Development Project?

A product must always be suitable for its target audience, and property is no different. When considering what type of residential or commercial property to develop on a site, the developer must consider the number of occupants, the specific requirements they have, and their desires. If we look at a site in an affluent, semi-rural location as an example, the typical buyer will likely expect 4 to 5 bedrooms, a double driveway and garage, a l..

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28.07.2022

Can You Finance A Property Development Project?

Arguably the most important requirement for a property developer is finance. Without finance, there can be no development. Moreover, the finance required for the development will be tied up until the first property sells or begins to generate rental income. This means that whilst the capital is locked up in the development, there will not be scope to expand or grow. It’s essential for property developers to have - or raise - the neces..

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