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What is the difference between comfort, business, premium and elite class residential complexes

19-01-2023

Buyers often do not see the difference between objects, for example, business and premium segment. What are people willing to pay more for? Let's figure it out

The comfort-class apartment is located in a residential area, has serial architecture and typical playgrounds.
Business class housing involves a non-central residential area, improved serial architecture, parking, playgrounds and sports grounds, and landscaping.
The premium class is distinguished by an individual exterior and interior, a lobby, the presence of non-standard layouts - duplex apartments and penthouses with a terrace, landscaping of the courtyard and infrastructure facilities on the territory: salons, clinics, fitness rooms with the possibility of entry for third parties.
It differs from business class in location: residential complexes of this segment are located in central areas, while business class may have a less favorable location - on the outskirts of a district or city. The second key difference is the smaller number of apartments in the building.
An elite class residence involves a house with a design project from a famous architect and a location in a prestigious area. The presence of a lobby with a concierge, a lounge area, duplex apartments and penthouses with a terrace.
It differs from the premium class by a small number of buildings, apartments and third-party access to the infrastructure of the complex: only residents, their guests and club members can visit restaurants, spas, a fitness room.

The Mercury Group team works with business, premium and elite real estate in Latvia and knows everything about it.
Looking for objects in this segment? Contact us!

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