Studio or 1–2 Bedrooms in New Boulevard: quick overview
Choosing property in New Boulevard and wondering which format is easier to rent out? This guide compares studios and 1–2 bedroom apartments by audience, turnover, required investment, and practical preparation. 😊
Who rents what and when
- Studios attract single travellers, young couples and short-term tenants; they're usually chosen for location and price.
- 1–2 bedroom apartments are preferred by families, remote workers and tenants seeking longer stays—from several months to years.
- Seasonality matters: summer brings tourist demand and short-term lets, while off-season favors longer-term tenants.
Which rents faster and why
- Studios often rent faster because they are more affordable and simpler to maintain. If your goal is quick occupancy with low initial costs, a studio can be attractive.
- 1–2 bedroom apartments often secure more stable, longer-term tenants and can demand higher monthly rates due to space and functionality.
- The right choice depends on your strategy: short-term turnover vs steadier, possibly higher, long-term income.
Location and layout: small details matter
- Proximity to the seafront, promenade and transport increases demand irrespective of apartment size.
- A well-laid-out studio with smart zoning can outperform a cramped 1‑bedroom.
- Features such as balcony, sea view or thoughtful entrance/access can justify slightly higher rent.
Furnishing and preparation tips
- Prioritize functional furniture: sofa-beds, built-in storage, and multi-use tables.
- Essentials: reliable Wi‑Fi, comfortable bed, basic appliances and a washing machine. Small investments in quality improve tenant satisfaction.
- Keep décor neutral and clean to appeal to a broader audience.
Letting strategy: short-term vs long-term
- Short-term lets may yield higher seasonal returns but require active management: cleaning, turnovers and bookings.
- Long-term leases provide stability and less day-to-day involvement — suited for owners who prefer passive income.
- A hybrid approach is possible: short-term in high season, long-term in shoulder months.
Pricing and flexibility
- Monitor nearby listings to set competitive rates and equipment standards.
- Flexibility on move-in dates and minor concessions often help maintain occupancy.
- Small perks—like a reduced utilities contribution for the first month—can secure longer tenancies.
Maintenance and management
- Durable finishes and practical materials reduce long-term repair costs.
- Cleaning services and a reliable property manager are essential if you don’t live locally.
- Consider a management company if you want truly passive ownership — it reduces your workload but carries a fee.
Practical examples
- Limited budget + need for turnover: invest in a smartly presented studio with strong photo presentation and minimal but quality furniture.
- Targeting families and remote workers: choose 1–2 bedroom units, improve soundproofing and provide a proper workspace.
Conclusion
There is no one-size-fits-all: studios tend to rent faster with lower entry costs, while 1–2 bedrooms offer more stable and potentially higher long-term income. Your decision should reflect whether you prioritise quick turnover or steady returns.
If you’d like personalised advice on a specific property, we can analyse demand, estimate rent, and help prepare the apartment for the market. Contact BuyHome for assistance and property selection. https://buyhome.ge/en/apartments