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Home Design. Monday , January 15th , 2018 - 08:46:50 AM

Looking through the apartment listings can be a pretty confusing experience. Just what are the differences between a junior one-bedroom and an alcove studio? A convertible three-bedroom and a flex two-bedroom? Knowing the layout of each type of apartment and what features each type contains will greatly improve your chances of finding the perfect apartment rental for your needs and lifestyle.

Be realistic about what you can afford. Most apartment renting guides suggest that your rent should not be more than 25% to 30% of your income. This can vary depending on the income bracket, but be sure to be "real world" when budgeting additional apartment expenses such as heating and air conditioning and other utilities. If you fall short of affording the apartment of your choice, you might consider sharing an apartment with a roommate or roommates. Keep in mind that living with roommates can help you afford an upscale apartment or even, in some cases, luxury apartments, but it also has extreme restrictions to your privacy.

With the growth of the economy in Sri Lanka, there has been an increased focus on the real estate market within the island as well. Due to the higher concentration of development occurring closer to the capital city Colombo, it has also increased the demand for property either for purchase or rent in the vicinity. But such rapid developments and increased demand has also led to a scarcity of free land available. Since the need to buy home properties has to be provided with a solution, many leading apartment builders have begun several projects to provide potential homeowners with viable solutions to choose from. This sort of developments is supported by statistics that indicate that the entire Western province covers only 6% of the countrys land areas but close to 28% of the population seek to make their homes in the area.

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