So you’ve decided to upgrade your lifestyle by renting a luxury apartment. Excellent choice! Thoughtful design, high-end amenities, prime location, and hotel-like services – there are numerous benefits of moving into a luxury rental apartment.
But how do you choose one? And what specific factors should you consider? Let’s find out. Here are eight things you should consider before renting a luxury apartment:
Total Cost
One thing is clear: The cost of a luxury rental apartment is higher than that of co-living accommodations and serviced apartments. But it’s important to consider what is included in the total cost.
Most luxury rental apartments offer all-inclusive convenience. You pay a flat fee or rent every month, which includes:
- Rent
- Utilities, such as electricity and water
- Amenities
- Potential concierge charges
- Parking fees
Luxury apartments often require larger security deposits, such as 2-3 months’ rent. The best thing you can do is thoroughly read the lease agreement. Pay close attention to clauses for early termination, notice periods, and renewal options. This will help you avoid any unplanned costs.
Location and Proximity
The location of a luxury apartment makes a wealth of difference. For instance, if you’re moving to a metropolitan location like Hong Kong, proximity to work, restaurants, schools, entertainment centres, and public transportation can greatly impact your life.
You should also consider the neighborhood when looking for luxury apartments for rent in Hong Kong (香港 高级 公寓). Let’s say you’ll be working from home. Consider the noise level of the neighborhood, since you need a quiet environment to work.
Furnished vs. Unfurnished Apartments
Next, choose between furnished and unfurnished luxury apartments. The pros of furnished luxury rental apartments include:
- Move-in readiness
- Low upfront costs
- Short-term flexibility
Unfurnished rental apartments, on the other hand, offer:
- Low base rent
- Full creative control to personalize the space as you like
- Long-term value
There is no universal answer. Consider your needs, lifestyle preferences, and budget when choosing between furnished and unfurnished apartments. For instance, if you’re moving to a new city, a furnished apartment is an excellent choice. But if you already own furniture, a luxury unfurnished apartment can be the right choice.
Renter’s Reputation
Not all real estate companies are the same. This is why it’s important to consider a company’s reputation before renting a luxury apartment.
Search for positive testimonials from current and former residents. Consider how responsive the company is to maintenance requests. A reputable company also offers clear, prompt communication channels, such as phone, email, and online portals.
Security
Security is non-negotiable when moving into a luxury apartment. The apartment building should employ top-notch security features, such as:
- 24/7 surveillance
- Keyless entry system
- Biometric access
- On-site security personnel
- Secure parking
Amenities
A luxury rental apartment is more than just a place to live. It is a way to make your life convenient and hassle-free. Luxury apartments make it happen through high-end amenities. In-unit perks include:
- Washers/dryers
- Private balconies
- Ample storage
You will also have access to a range of resort-style amenities, such as:
- Pools
- Fitness centres
- Spas
- Coworking spaces
- Bike storage areas
- Pet facilities
- Communal areas
It’s like living at a hotel, minus the cost.
Interior Design
When renting a luxury apartment, pay close attention to the interior and finishes. Open, spacious floor plans and layouts are a must-have. Moreover, high ceilings and mirrors will enhance natural light and make the space feel airy.
Next, be attentive to the details. The countertops are made using premium materials such as marble or granite. In furniture, high-quality wood, genuine leather, and plush mattresses ensure durability and aesthetic appeal.
Consider the overall interior design of the space to determine if it matches your aesthetic style.
Finishes and Appliances
In addition to the interior design, consider the finishes and appliances in luxury rental apartments. Furnished luxury apartments, specifically, offer a range of appliances, including:
- TVs
- Microwave ovens
- Coffee makers
- Dishwasher
Look for modern appliances that can be integrated with your home.
