Listed here are the top 10 reasons why young professionals might look at a loft or condo.
Work
Many young professionals are employed in metropolitan areas, that also is where most lofts and condos are located. Living in a flat or loft that is close to the office saves on fuel costs, or eliminates the necessity to own a vehicle altogether.
Play
It's very likely that numerous bars, nightclubs, restaurants as well as other forms of entertainment are just minutes out of your building.
Maintenance
As a young professional just beginning your job, you may feel slightly overwhelmed by your job. But although you may keep long hours, you do not have to bother with mowing the lawns, raking the leaves or shoveling the snow. When you live in a loft or condo, another person does it to suit your needs.
Affordability
In general, lofts and condos are less expensive to buy when compared to a single-family home. And it's likely the utility costs will be lower, too.
Socialize
When you purchase the right loft or condo unit, you could live amongst a number of people who are within your age range. Whether you are settling inside a new city or simply beginning to live on your own, your building can be a great place to meet people.
Amenities
Want to work out? Swim or soak in a hot tub? Play basketball or tennis? Many buildings have amenities like fitness rooms, pools and sport courts. Depending on the number of people interested, you may be able to start a basketball or tennis league, for example, made up entirely of the neighbors.
Transportation
Even though you may not have a vehicle, you will not have any shortage of selections for getting around. In addition to riding a bike or walking, there probably will be public transportation being a bus or light rail nearby.
Travel
Wish to go out of town and visit friends? View a city you haven't seen before? No problem, on short notice, if you like, when you reside in a loft or condo. And when you get back, the lawn will probably be mowed or perhaps the snow will be shoveled.
Options
It is possible to stay residing in a loft or condo as long as you want, but when someday you get the itch to maneuver into a single-family home in the suburbs you've options. One is to let another person live there. Indeed, if you are willing to be considered a landlord, condos and lofts are actually excellent rental properties.
Changes
Some young professionals opt for renting a place. But if you buy a loft or condo, it's yours and you can do with it mostly what you need (so long as it fits within the guidelines from the homeowners association). When you want to paint, change out lamps, or fill the walls with pictures, you can.