The emergence of The Arc Winnipeg as a fully-fledged real estate investment opportunity has created mixed reviews concerning shared apartments in the city. Some are positive, while others are quite skeptical about the future of the shared apartment business in the larger city.
One of the many shared apartment benefits being touted by the real estate investment group is that it allows investors to get access to apartments and condominium units within a short period of time, without the need for a long term rental agreement. These are quite unique in the sense that investors can rent out these units and have their own tenant for the duration of the contract. This is not the case with traditional rental contracts, which is what many investors worry about the most.
The real estate investment group is banking on the fact that the current economic climate is one characterized by increased instability and risk aversion. This means that investors have to be more prudent with their investments, especially in terms of the real estate market. In this light, the shared apartment benefits are seen as a solid way of attracting investors to the new units that are being put up for rent, without having to enter into long-term contracts with tenants.
The lack of a rental contract can prove to be quite an advantage for the investors who are looking to minimize their expenses. The real estate investment group also claims that the popularity is directly proportional to the number of people who have opted to rent an apartment there. This is an added advantage for the investors, as well as for the general population as a whole. In fact, the number of tourists visiting the mall every year has increased dramatically over the years. They find the experience to be thrilling, as well as comfortable.
Another shared space in the area is the Westwood One. This is another highly popular mall, which is used by many tourists. Some of the people who opt for such an accommodation are those who want to enjoy the shopping experience on foot. In addition to this, the area is considered to have excellent public transport links. In other words, the benefit here is that tourists will be able to access the Westwood One easily, as well as benefit from cheaper transport fares.
There are several other shared apartment benefits, which pertain to the private spaces available at various places around the world. The benefit associated with such private places is that they offer luxurious and comfortable settings for the guests. The tenants at such places can enjoy the location, the view and other amenities offered at the locations.