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A lower-rise apartment building on the left side of the Avenue of the Americas in Manhattan, juxtaposed next to a skyscraper apartment building. An apartment (American English, Canadian English), flat (British English, Indian English, South African English) [a], or unit (Australian English) is a self-contained housing unit (a type of residential real estate) that occupies part of a building ...
In common speech in Australia and New Zealand, the word "unit", when referring to housing, usually means an apartment, where a group of apartments is contained in one or more multi-storey buildings (an 'apartment block'), or a villa unit or home unit, where a group of dwellings is in one or more single-storey buildings, usually arranged around ...
Penthouse apartment in Ullanlinna, Helsinki, Finland. Modern penthouses may or may not have terraces. Upper floor space may be divided among several apartments, or a single apartment may occupy an entire floor. Penthouses often have their own private access where access to any roof, terrace, and any adjacent setback is exclusively controlled.
Garage-apartment: an apartment over a garage; if the garage is attached, the apartment will have a separate entrance from the main house. Garlow: a portmanteau word "garage" + "bungalow"; similar to a garage-apartment, but with the apartment and garage at the same level.
An apartment hotel or aparthotel (also residential hotel, or extended-stay hotel) is a serviced apartment complex that uses a hotel-style booking system. It is similar to renting an apartment, but with no fixed contracts and occupants can "check out" whenever they wish, subject to the applicable minimum length of stay imposed by the company.
A luxury apartment is a type of apartment that is intended to provide its occupant with higher-than-average levels of comfort, quality and convenience. While the term is often used to describe high-end regular apartments, or even typical apartments as a form of aspirational marketing, a true luxury apartment is one that is variously defined as being in the top 10% of transactions on the market ...
Similarly, a triplex apartment refers to an apartment spread out over three floors. These properties can be quite expensive and include the most expensive property in Manhattan as of 2006 (according to Forbes magazine), a triplex atop The Pierre hotel. [4] In this context, an apartment located on only one floor may be called a simplex.
Multifamily – This category includes apartment complexes or high-rise apartment buildings. Generally, anything larger than a fourplex is considered commercial real estate. [3] Land – This category includes investment properties on undeveloped, raw, rural land in the path of future development.
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