Many buyers in the Fort Lauderdale market have taken advantage of low interest rates and low prices to invest in condominiums for rent. Since rental prices are currently lower than mortgage payments in many instances, this makes perfect fiscal sense. When you have acquired your condominium with the intention to rent it, it also makes sense to renovate it in a style that is inviting to the renter. For those properties that are tighter on space, there are ways to make it appear larger. We would like to offer some tips on increasing the perceived size of a condo. If you are looking to invest in condominiums for rent in Fort Lauderdale, contact me today!
- De-Clutter: We recommend doing this in homes that are newly listed for sale, as well as to make a condo appear larger. The key to de-cluttering is organization. It is an excellent idea to have professional closet systems installed. It will make prospective tenants feel as if they are more organized already!
- Mirror, Mirror on the Wall: This concept is derived from Feng Shui and is used to increase space through optical illusions. They reflect both artificial and natural light in a space and give the illusion of depth. Place across from a focal point for the best affect.
- Multi-Task with Furniture: There are several pieces of furniture that make a huge difference in space. Sofa beds are excellent for guests, using chests as coffee tables will create more storage space, and even ottomans with extra space are excellent for small spaces.
- Paints: Paint walls in light colors is very important to creating space in a small area. Pastels or off whites look clean and brighten a room, in combination with proper lighting.
