A flat typically refers to a self-contained living unit within a larger building. It is often used interchangeably with “apartment.” Flats are usually part of a multi-story building, and each unit has its own kitchen, bathroom, and living space.
Flats are many housing units in a single building that is made on a parcel of land. While flat house/ apartments are cheaper than independent houses, such as villas or independent floors, there are certain advantages of each property type that a home buyer must know of, before making a purchase.