November 28, 2022

List Of Top 10 Things To Consider Before Investing In A Luxury Flat

What Are The Top 10 Things You Should Check Before Investing In A Luxury Flat
  1. Excellent Location
  1. Breath-taking Views
  1. Floor Level Matters
  1. Luxurious Amenities
  1. Developer’s Brand Value
  1. Best-in-class Quality
  1. Proximity To Work & School
  1. Neighbourhood Is Key
  1. Financing & Money Matters  
  1. Security and Safety

Buying a luxury property is a major milestone in anyone’s life, and it’s only natural that we’d want to give our loved ones the finest we can afford. This has led to a surge in the popularity of luxurious high-end residential properties that have all the top-notch amenities for you and your family.

Luxury real estate investment is a long-term venture, therefore it’s crucial to first establish clear goals. You need to know if the luxury apartment you’re looking at is an investment for higher returns or if you plan to live in it yourself. Maybe you’re looking to rent out that luxury flat for quick money.

If you ask yourself the right questions, you’ll be able to focus on the perfect luxury property at the best available price in the ideal neighbourhood.

We’ve compiled a list of things you should check before investing in a luxury flat. Let’s flick through!

Top 10 Things You Should Check Before Investing In A Luxury Flat

Continue reading to learn more about all of the tips to keep in mind before investing in Luxury Property:

  1. Excellent Location

The importance of a home with a good location cannot be overstated. Your home and office should be as close as possible. Regardless of the type of real estate investment, location is always crucial. 

The property’s future ROI is heavily linked to its location. A luxury flat without sufficient infrastructure, a classy neighbourhood, and municipal issues will remain a problem and will yield very low or negative returns even after years. 

When dealing with luxury real estate, location is the deciding factor in both the initial purchase price and the higher returns in the future. Make sure your luxury property is in a great location and that the surrounding area is compatible with the lifestyle you envision for yourself.

Goodbrick’s Vistara, a luxury apartment with 3 BHK flats in Nashik Gangapur Road, makes its residents’ lives incredibly easy. Vistara, located on Gangapur Road, is renowned for its serene surroundings and its excellent proximity to Nashik’s other major areas.

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  1. Breath-taking Views

 Make it a priority to invest in a high-end property that is surrounded by lush greenery. These days, it’s crucial to have a luxury home that’s close to nature and aesthetically pleasing. Your future home, in the midst of rising pollution and the stress of daily life, must become your haven. 

Lush flora all around the flat and picturesque views from your balcony are fantastic ways to ensure you can unwind and enjoy yourself while at home.

  1. Floor Level Matters

Many people don’t like living on the highest floors, which is why many luxury flats on the highest floors are priced more moderately than those on lower floors. However, there are many who enjoy the sense of privacy, the refreshing breeze, and the unusual scenery. Take into account whatever floor your luxury home is on if that’s an aspect of your decision.

  1. Luxurious Amenities

Most luxury housing societies feature exclusive clubhouses and other resort-style amenities. When looking for a high-end home, amenities like a spa, fitness centre, club, and pool should be considered necessities. 

Having a grand entrance lobby, ample parking, and a power backup system should all be on your must-have list while searching for your dream home. It’s important to look for townships that include these amenities as standard features. Vistara offers luxury flats in Gangapur Road Nashik, with a plethora of luxury rooftop amenities.

  1. Developer’s Brand Value

We all know that when it’s about luxury, people are willing to spend more.  This is due to the fact that it implies a great deal of confidence in the product’s quality and durability. If you want reliable outcomes, check the developer’s reputation and stick with those who have a proven track record. 

Any delay in the developer’s anticipated delivery date for the luxury property is pretty frustrating. Goodbrick Realty, one of the country’s most prestigious construction companies, has a reputation for reliably meeting deadlines while producing a series of projects that is unparalleled in their quality and finesse.

  1. Best-in-class Quality

Luxury apartments are a good investment, but it’s important to double-check everything. All the finishing touches — the flooring, the tiling, the hardware, the plumbing, —should be of the highest quality possible. 

Get all the facts and pay close attention to these components. Everything from the ceramic tiles, granite counters, the RCC framework, PVC pipes, vitrified tiles, modular kitchens, sliding doors, hardwood veneers, and everything in between those matters, must be thoroughly inspected.

  1. Proximity To Work & School

Regardless of how many convenient amenities an apartment may offer, how close it is to your workplace and your children’s schools should be a top priority. The thought of having to make a long commute every day just to get to work or school from a faraway home is exhausting. Locating yourself close to your office and kids’ school is ideal.

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  1. Neighbourhood Is Key

You probably don’t want to live in a luxury high-rise when your morning view is not so pleasing. The neighbourhood around us is an important element of our day-to-day experience. The kind of environment we live in has a significant impact on us, especially on our children. Making a wise investment considering the neighbourhood can have far-reaching effects.

Goodbrick Realty’s project, Palazio, the luxury private pool villa in Khandala, is located in scenic beauty with a view of mesmerising Kuna Lake.  

  1. Financing & Money Matters  

 Don’t spend simply because you can. Even if you have vast funds and are looking for a luxury home, you should organise your finances. The money source must be clear. You can buy the home with your surplus cash or bank credit. 

 If your investment is for resale, get a short-term loan, and resell after a few years. Short-term loans are simpler to obtain and repay. Interest rates may be high though. Also, try to bargain for your luxury flat. The price shouldn’t be high just because you have money. After all, saving money is earning money. Go and get the best deal!

  1. Security and Safety

Security for your loved ones is paramount in today’s times. Make sure the luxury residential property you’re considering is located in a secure community. You and your family can feel more secure in your home if it has things like: 

  • CCTV cameras
  • Video door phones
  • 24-hour surveillance systems
  • Effective security checks

A luxury apartment that makes you feel safe from criminal activity and intrusion is a realistic expectation to have.

To Conclude

Only the most exceptional developers will be able to provide each of the above-mentioned things. Goodbrick Realty is a good example of a real estate company like this. Their premium projects are thoughtfully designed and located to maximise both comfort and accessibility. 

If you’re interested in visiting the properties at Khandala and Nashik, please schedule a meeting ASAP. Happy home buying!

If you have liked this blog, you will also like to read 6 Hidden Costs To Be Aware Of Before Buying A New Property which highlights the important aspect of things we need to consider before we buy any new home or you can explore our various other blogs such as Top 5 Reasons Why You Should Consider Investing In Properties In Nashik which showcase the new trends and updates on latest developments across various city in Maharashtra.

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