Apartment/ Flat Living
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Many people have the same issue when it comes to buying a property, that is they are reluctant to be tied down to a property for longer than 6 months. Whereas with an apartment there is very little committment. This means you are then free to move somewhere else if you get a new job or you want to relocate. Remember that living in a flat can be cheaper and easier to move into than having a house. When putting a deposit down on a house you are looking to be able to put down 25% of the properties worth, which can literally take years accumulate.
Flat living means that you will only have to put 2 months rent down, if not less, towards the deposit. Then after you leave you get this money back. This means that if you are in a rush to move out you can do so after saving for a short period of time.
Apartment and flat living is great for many different reasons. This page has the pros and cons of living in a flat or apartment, which you can read through and see if it appeals to you.
Apartment and flats usually have a communal garden. This means that there is no privacy for you to have a BBQ or do any gardening. This is great for people who don't want to do any form of gardening and are not enthusiastic about outdoor entertainment, however for most people this may be an issue.
Some apartment or flat buildings have shared facilities such as a gym, swimming pool and BBQ area. This is great as it will all be free or reduced in price if you live in this block. This can be something which makes a property more attractive and prompts you to sign the papers more quickly.
There many be a limited amount of space for you to store your belongings in as space is of the essence in a flat or apartment. Some units have underfloor parking and an area for you to store your bike but this is not offered at all blocks.
Repairs and maintainence are very important in your living space. If you are not very good at DIY or fixing problems, apartment living may be best for you as all repairs and maintenance will be sorted out easily by ringing maintenance or the landlord, who will quickly rectify your problem.
One of the main cons which can be a problem for many people is that there may be decoration restrictions, which will prohibit you from painting the walls or even hanging pictures. You must check with your landlord before any redecoration occurs.
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A short video giving key reason to live in an apartment - ideal if you are thinking about make the move from a town house to an aprtment or flat.