SMART HOMES: THE FUTURE OF REAL ESTATE

Over the years, the real estate industry has transformed its own, with technology seen as a boom to its recovery. The benefits of smart home technology cannot be overstated as it is poised to play a significant role in everyday life.

This article discusses how this remarkable technology improves your lifestyle by making use of the internet to carry out commands, control and keep track of everything in your house.

WHAT IS A SMART HOME?

Many people ask “what is a smart home?” It’s a natural question to wonder because the term “smart” just tends to make people think of technology-based devices like phones and laptops.

A smart home is a home that has a computer network that allows you to control, automate, and monitor every device or element through software. The goal is to control your household devices from anywhere in the world using a smartphone, tablet, or computer.  Imagine being able to monitor and control the lighting, sound, temperature, camera feeds, TV channels and more wherever you are. 

Home automation is that extra which gives your home its identity, it reflects your personality and enhances your comfortable existence within your refuge after a long and hard day at work

BENEFITS OF SMART HOMES?

Functionality

With smart homes, you can operate home devices more effectively. For example, a smart TV can allow you to find better apps and channels to locate your favourite programs. An intelligently designed home theatre and audio system can make it easier to manage your movie and music collections when entertaining guests. Finally, automated systems can improve the functioning of your appliances and overall make your home life much easier and more enjoyable! 

Convenience and efficiency

Smart Home technology gives you full control of your home from any location. Through an array of different features, the user can perform various functions. For example, if you are not at home and you want to check who’s at the door, you can do this by connecting to your smart doorbell camera. Or if you want to double-check whether you locked your doors before leaving the house, you can do so simply by logging in to your smartphone app, even if you aren’t anywhere near the house. The user can control the temperature at home without being anywhere near the thermostat. The various features of Smart Home technology make it a must for everyone seeking ease and convenience in their daily lives.

 Maximizing home security. 

Safety is one of the main reasons for using smart home technology. Security concerns arise with many homeowners across the world today. There are a plethora of ways in which smart homes can improve safety, including notifications and alerts that inform homeowners of any security breaches or burglaries. Also, with the incorporation of motion detectors, surveillance cameras, automated door locks, and other tangible security measures, you can be guaranteed safety.

Reduces household expenses

Home automation and security systems have made it possible to reduce household expenses. Because some home security systems can keep your house safe from burglary and theft, you might save money on property damage or loss.

Energy Efficiency

Using Smart Home technology, you can maximize energy efficiency by allowing the temperature inside your home to automatically adjust. This decreases the amount of energy used on heating or cooling and consequently reduces the cost of energy bills. By investing in such high-tech systems, you are also protecting the future of both your finances and the planet’s health.

Conclusion

The new world of smart home technology is a compelling one with limitless possibilities. When it comes to home comfort and ease, smart home technology is the way to go. They offer a multitude of options for making busy lives less chaotic. 

Have you thought of owning or investing in luxury real estate with smart home technology?

The Autograph Extended Stay is built to have smart and automated apartments where everything and everyday living responds to technology. The Autograph Extended Stay is the First Purpose-Built Apartment located in Victoria Island, the commercial hub of Lagos, that offers its investors the opportunity to own apartment units. It is managed by a reputable hospitality brand and earn appreciable income upon operation.  

5 BENEFITS OF INVESTING IN LUXURY REAL ESTATE

Investing in luxury apartments has become a popular choice among investors in recent years. The rise in the number of real estate investors has created a whole new segment of the market – “luxury homes”. The benefits of investing in luxury real estate have made this segment especially attractive.

As the demand for rentals continues to increase, more investors are looking at luxury homes as a way to capitalize on strong rental returns.

WHAT IS LUXURY REAL ESTATE?

Luxury real estate is generally characterised by elegance, style, and class. it enables their owners to live an elevated lifestyle and provide increased prestige, comfort, security, privacy, and peace of mind.

There are many factors that come into play when evaluating luxury homes. Location has a significant effect on the overall value of a home, but luxurious homes also feature exquisite interior designs, amenities, and technological features. 

Unlike conventional houses, which provide occupants with the necessities of everyday life; luxury homes provide an array of specialized features including exquisite architecture, opulent home office, smart home technology, home gym, entertainment lounge such as game room, cinema, bar etc.

BENEFITS OF INVESTING IN REAL ESTATE
  • Return On Investment

Luxury real estate is a profitable asset due to its consistent track record of gaining value, as well as the potential significant returns in the future. The market is always on the rise and keeps on gaining value, even in times of economic recession. Luxury real estate is ideal for investors because of the recent rise in demand for such property.

  • Location and Status

Prime locations such as Victoria Island, Lagos offer residents access to many important facilities including hospitals, parks, gyms, schools and more. These are positioned within a ten-minute drive from the luxury home, so residents can save valuable time by not having to travel too far for the activities they need. Moreover, these prime locations enhance one’s status in society and add prestige.

  • Low Maintenance Cost

Due to the high quality of construction, luxury properties have very low maintenance costs and can be easily rented out. Luxury property investors strive for a high return on their investment, which means low-risk properties with low rehabilitation costs.

  • Smart Home Features

Many luxury homes are equipped with smart features such as security systems that can be operated via smartphone, motion-sensing lighting, curtains that open or close with light levels, touch-screen thermostats, and more. 

  • Security

Luxury properties are known to attract high net-worth individuals, who want a sense of security in the places where they live and work. The increased desirability of these locations makes them ideal for investors who want a highly profitable investment opportunity.

Conclusion

Luxury real estate investing has brought a lot of benefits to investors. Properties in a prime location like Victoria Island, Lagos, Nigeria, will continue to experience capital appreciation and High Return On Investment. The influx of more high-paying jobs and businesses will always lead to an increase in demand for office spaces, retail outlets and homes.

Interested in identifying high yield luxury apartments that will boost your investment portfolio and also guarantee up to 20% Return On Investment? Look no further!

The Autograph Extended Stay is the First Purpose-Built Apartment located in Victoria Island, the commercial hub of Lagos, that offers its investors the opportunity to own apartment units. It is managed by a reputable hospitality brand and earn appreciable income upon operation.