Choosing between new developments and older apartments has always been a difficult decision for buyers in the real estate market. Both options have their own advantages and disadvantages, so it is important to carefully consider various factors before making the right choice. In this blog post, we will explore the key differences between new developments and older apartments and evaluate which option may be more beneficial.
Modern Standards and Technologies New developments are constructed according to modern building standards and technologies. These buildings tend to be more energy-efficient, safer, and durable. Additionally, new developments often offer a variety of technological amenities for residents’ comfort, such as security systems, smart home technologies, and high-speed internet connections.
Older apartments, on the other hand, typically lack these features and may require renovation. Infrastructure deterioration and the emergence of technical problems are more common in older buildings.
Construction Quality and Durability The materials and construction quality used in new developments are generally higher. This results in buildings that are more durable and safer. Modern constructions are more resistant to earthquakes, fires, and other natural disasters.
Older apartments, in some cases, may require reinforcement repairs. However, well-maintained and properly renovated older buildings can also offer high-quality living conditions.
Social Infrastructure and Location Older apartments are usually located in the city center and are close to well-developed social infrastructure. Proximity to shopping centers, schools, hospitals, and public transport is one of the biggest advantages of older buildings.
New developments, however, are often located on the outskirts of cities or in newly developed areas. Nevertheless, these projects prioritize new, modern infrastructure. For instance, modern projects like the Ağ Şəhər (White City) offer a higher quality of life, with wide green spaces, sports and leisure centers, parks, and other social amenities surrounding the new developments.
Price and Investment Potential New developments generally have higher prices compared to older apartments, as modern technologies and construction standards are applied. However, buyers of new developments can also consider the long-term value appreciation potential. The construction quality and location of such projects create opportunities for these properties to increase in value over time.
Older apartments may be more affordable and are in high demand, especially those located near the city center. However, in some cases, the value of these apartments may remain stable over time, and significant renovation work might be required.
Layout and Design New developments are designed according to modern requirements and tend to be more spacious, bright, and functional. Open layouts and large windows give these apartments a more modern and stylish appearance.
Older apartments, on the other hand, may have smaller rooms and different layouts. However, some older buildings offer spacious apartments with high ceilings and classic designs.
Utility Services and Renovation Needs Utility services in new developments are more efficient and equipped with modern technologies. Electricity, water, gas, and heating systems operate at a high level. In older apartments, however, utilities often require updating and repairs, which can lead to additional costs.
Conclusion The decision between new developments and older apartments depends on personal preferences and needs. If you are looking for modern technologies, high construction quality, and comfort, new developments may be a better choice. Older buildings, on the other hand, appeal to those who prefer living in central locations and appreciate the classic atmosphere of historical buildings.
In this context, Art Tower, one of the modern developments being constructed in the Ağ Şəhər project, stands out as an excellent choice. Art Tower combines all the advantages of new developments, offering a premium lifestyle and an ideal long-term investment opportunity. With high-quality building materials, modern infrastructure, and a prime location, Art Tower is becoming one of the most prestigious residential properties in Baku.
