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Location is a key aspect of the micro-apartment market

Published Nov 30, 2020

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The demand for micro-living is growing as new lifestyles are embraced and

millennials

“Student accommodation investment is also considered a very lucrative market (outside of a global pandemic scenario), so

micro-living apartments

near to universities will enjoy demand from student tenants, bringing in ongoing rental returns.”

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There is also a “fairly wide” range of target demographics that are drawn to

micro-living apartments

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, Horne adds.

“Micro apartments also appeal to new working professionals branching out from their childhood home, and business travellers of all ages who purchase these apartments to stay in whilst travelling for work.

There is also a market for the newly retired who are downscaling and wish to spend time travelling and not being hindered by the maintenance and upkeep of a larger home.”

Related Topics:

DIY

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