So, you're thinking about condo investing and buying a condo. Or maybe you are already in the process of buying one. Either way, it can be easy to feel like you are getting left behind if you do not have everything all set up for yourself before you buy. When you are getting ready to buy a condo, there are many different things to consider. One of the most important decisions you will make is whether or not to buy a fully furnished condo or one that is bare.
But are fully furnished condos better than bare condo units? And if so, how do you know what is suitable for your situation?
If you are looking for a place to call home, it is important to consider all the options to decide what kind of place will work best for you and your family.
Many factors go into deciding whether or not buying a fully furnished condo is worth it. Read on if you are interested in learning more about this topic and how it relates specifically to your situation!
Bare Type Condo
Buying a condo is a great way to invest in real estate. But is buying a bare condo worth it?
Buying a bare condo is like buying an empty house—you are moving into the building and getting all the benefits of owning property.
Apart from the front door, an apartment is said to be "bare" if it is empty. There won't be any internal doors, paint on the walls or ceiling, electrical wirings, or tiles, only concrete for the pavement. The kitchen and bathrooms are also at the concrete stage.
Purchase a bare unit if you have a specific design in mind and if you are prepared to start from scratch. Renovation with a specific aesthetic in mind can be enjoyable and memorable. You must, however, be aware of your building's remodeling regulations. Before beginning the real work, be sure to provide the architectural, engineering, and technical drawings to the main office.
On the other hand, the renovation process of a bare-type condo can be expensive because the room is entirely empty. Additionally, it can take some time before you can settle down and move in because you will need to furnish it first.
Fully Furnished Condo
A fully furnished condo is a property that has been completely renovated with all the interior décor and fixtures installed by the developer. These condo units are fully equipped with the essential things usually found in typical condo homes.
It comes with everything from appliances like dishwashers and refrigerators to lighting fixtures and flooring. The developer usually provides the furnishings, saving you from buying new furniture and appliances for your home.
Developers like Vista Residences offer fully furnished condo units to residents who wish to stay in their properties. Since most of their homes have distinct themes supporting their goal of achieving and maintaining your premium lifestyle, moving in has never been simpler and easier.
Bare vs. Fully Furnished Condo
What's the difference between a bare condo and a fully furnished one? And how do you know which is right for you?
Fully furnished condos are usually more expensive than bare-type condos. A fully furnished condo will have furniture, appliances, and decor that's complete with a bed, kitchen sink, and all the amenities you need to live comfortably in your new home, while a bare-type condo is much cheaper because it is empty.
In contrast, a bare-type condo doesn't have any furnishings or appliances. These can be good for people who want their own space and don't necessarily need all of the bells and whistles that come with fully furnished condos.
Bare vs. fully furnished condo comes at the expense of customization. If a condo is furnished, there won't be much room for personalization compared to a bare type. There will also be those instances in which you do not have a say in influencing the matter.
It makes far more sense to purchase a furnished condo if the property won't serve as your primary residence or if you only want to stay there for a short period of time before moving. It won't be worth the time, money, and effort to decorate it yourself. Additionally, taking the furnished route is more economical if you are acquiring a studio or smaller one-bedroom home. These frequently have odd dimensions that make it difficult to buy furniture that fits appropriately.
If you already have furniture and other furnishings, of course, it would be a smart decision to buy a bare-type condo. People who think of buying a luxury unit also consider this an option because they hire interior designers to create a custom home that can increase its worth and appeal to renters. Thus, a good property value for condo investing in the long run.
On to another point, buying a bare unit can be very expensive if you do not know what you are looking for. The tendency is you are going to hire someone else to do the work of furnishing for you. However, buying an already furnished unit may be better than trying to do it yourself or hiring someone else if you're looking to invest in real estate or build wealth through passive income.
Buying a condo is a big decision. You know what you're getting when you buy a fully furnished condo. You can rest assured that the condo is in great shape and has been well looked after by the developers. However, what about buying a bare condo? Is buying a bare condo worth it? The answer depends on your situation and goals. Buying a bare condo is a great way to get into real estate, but knowing what you're getting yourself into is essential.
For more information on Vista Residences, email info@vistaresidences.com.ph, follow @VistaResidencesOfficial on Facebook, Twitter, Instagram, and YouTube, or call the Marketing Office at 0999 886 4262 / 0917 582 5167.
