Owning a rental property is a great way to have a steady income, but it’s also a major responsibility on your end. As the owner, you are responsible for the design, layout, and overall look of your property. If you’re looking for ways to create a more extravagant appearance, you’ll love these design tips for creating a luxurious commercial property.
Start on the Inside
If you want to appeal to a wealthier class of people, you’re going to want to start with the inside. This means upgrading the current interior design styles your units currently have. For example, you’ll want to take care of appliance upgrades, switch out old countertops for marble or quartz options, renovate the bathrooms to include modern sinks and showerheads, replace stained carpets for hardwood floors, and just about anything that can give your many units a facelift. Be sure to select interior design styles that are currently trending. This will prove to potential clients your devotion to providing an elegant living experience.
Incorporate Architectural Sculptures
To make your curb appeal stand out, consider incorporating pieces of architectural sculptures throughout your property. If you utilize a renting office or clubhouse, that would be the perfect location to place the beautiful art pieces you incorporate.
Metal sculptures tend to be the most luxurious. These sculptures can be purchased, or you can also create a custom design. But if you choose to go this route, make sure you choose a metal fabrication company you can trust to bring your design to life.
Keep Your Buildings Well Lit
If your current units are looking dark and gloomy, be sure to upgrade your lighting fixtures. If it’s in your budget, consider adding more natural light by replacing windows with newer and larger options. By providing more lighting, you’re able to enhance the appearance of your rental units. They will look brighter and larger, and ultimately create a more luxurious feel.
Be Selective Over the Furniture You Use
Part of the design process is choosing the right furniture. Choose extravagant furniture for your rental office and all the unit models you have for walk-throughs and tours. This will help set the overall tone for your property. You’ll want to pick the most popular furniture trends and choose items that look and feel luxurious. Though these items may not actually be used that frequently, the display they create is crucial to attracting your potential renters and visitors.
These are four design tips that will help you create a luxurious look to your commercial property. Once you incorporate these suggestions, you’ll be able to increase your financial gain by raising rental prices and appealing to a wealthier group of potential tenants.