Tag Archives: Condo

5 Important Things Every Condo Should Have

The demand for condos is still high and a good number of developers are making them available to meet with the market demands. New condos come with better amenities, units and benefits and they are not really equal. Some are better than others, but there are things or features that you can use to be sure that the condo you are interested in is really worth the money you are going to spend on it.

1. Good location

To many people, location seems like a cliché but it is something that still remains to be very important. If you are looking at a long time investment with your condo, then you cannot afford to overlook the location. The location should work in terms of family needs, culture, career and relaxation. In essence, a good condo will be located in the area that you love and one that is most convenient for you.

2. Luxury

It is amongst the things that make condos loved and above normal housing units. Luxury units tend to appreciate much faster and keep their value; hence you know that you have made a good investment in a good luxurious condo. When checking your options, make sure that you consider the landscaping, interior features and even the building materials used just to be sure of the quality that you get.

3. Privacy

Condos are part of a larger property, meaning that there will be several units in one block. But this should not in any way compromise your privacy. Good developers are thoughtful, even where the walls are shared between the units by putting soundproof walls and intelligent layouts that ensure every unit enjoys a good level of privacy. When looking for the best unit, consider what noise reduction measures have been put in place, what the balcony looks out to and every aspect that touches on privacy. It can really make a difference when it comes to truly enjoying your condo.

4. Modern amenities

Today, amenities go beyond luxurious sitting spaces and appliances. A good modern condo will have other important amenities such as fully equipped fitness center, internet, sheltered parking, garden, pools and others that really make life comfortable and convenient. Some properties are designed so well that they come with mini shopping areas for the convenience of the residents. Find out what your condo has to offer you beforehand in terms of amenities made available.

5. Reliable security

It is amongst the most important and you should feel absolutely safe when within or away from the property. New modern condos have everything taken care of from surveillance camera systems to high tech door lock systems and electric fences among others. Even if the property is not gated, it should at least have reliable security solutions for all tenants. You do not want to ignore the security levels of the property because compromised security can give you sleepless nights and restless days. A good condo should give you peace of mind as far as your safety and security goes.

Boston Condo Market In Real Estate Frenzy

The Boston Condo Market has been on a mega rebound over the past few weeks. Downtown inventory rates have dropped significantly and prices are still climbing. Many Boston condos that we have been tracking over the past few weeks have went under agreement at full or over asking price showing the stability & possible frenzy in the 2007 Boston real estate market.

Last week we all read about the real estate frenzy going on in Manhattan right now. Is it the buyers who have been waiting for the bubble to burst over the past 18 months and now are faced to purchase now or rent for another year? Is it the low interest rates that are still active in our marketplace? What is causing this new renewal of the Boston real estate market?

New condo developments in Boston are also on the hot seat. With even more projects coming up this shows the lack of luxury condo properties or full service condos. We are glad to see more of this type of condo property being built as it is the wave of the future. The Back Bay, Beacon Hill, Brighton Allston, Charlestown, Chinatown, Fenway, Leather District, Midtown, North End, Seaport, South Boston, South End, Waterfront and the West End in Boston are all hot and downtown Boston will continue to boom.

Not surprising, some immediate suburbs like Brookline, Newton, Medford & Quincy are also picking up on this trend. Traditionally these markets don’t cater to the full service young professional, however, we are seeing all new types of luxury condominium properties popping up around the skirts of Boston also.

Top Tips for Buying a New Build Luxury Condo

For many people, investing in a new build property can be extremely exciting, with the possibility of tailoring it to exactly what they want proving very appealing. With the option of customizing floor plans and selecting luxury finishes, for many watching their new condo being created before their very eyes can be a thrilling experience.

On the other hand, some people find it difficult to invest their hard earned money into a property which is not yet compete. There can be many rewards to doing this however, so consider the following few points in order to secure the right new build property for you and enjoy the associated benefits.

Firstly, as mentioned above, buying a condo for sale that has not been built yet can seem like a major risk. Ask you can not see precisely what the finished project will look like it can be hard to decide whether it is worth it or not. This, however, does give you a distinct advantage when it comes to negotiating the price of the property.

Very often, property developers offering luxury condos for sale will provide significant discounts on the price, so the earlier you get in the better. Developers are looking to shift as much of the property as possible in order to make a return on their investment, and you could also benefit from the capital appreciation with the property increasing in value over time.

It is worth, therefore, seriously considering this option if you are interested in getting a good deal on your condo compared to other choices out there. This applies when you are looking for a condo for sale for your own personal use or as an investor.

Secondly, make sure that you research the area where the building is being constructed in order to make a good investment with your money. If you are planning to live in the property, it is essential that you find out whether you want to live in the particular neighbourhood, and whether or not it has all the amenities that you could want.

If you are an investor looking for a condo for sale, do thorough research on the property market in the neighbourhood, and find out how much demand there is for rental properties in the area. This will inform you on whether or not the property you are thinking of buying is indeed worth the investment of your money.

Thirdly, you should look carefully into the specifications of the luxury condo for sale that you are thinking of buying. All reputable property developers will have a model condo which will be built to the specifications that you can expect your new purchase to be. That said, make sure you not only visit the model, but ask plenty of questions as well.

Some of the things you should ask about include the dimensions of the property, the finishes and details of the parking facilities and the communal areas. You will often have the opportunity to customize your floor plan, your finishes and integrate appliances and fixtures. Check what is possible with the developer before you make the decision to purchase.

You will also need to check the aspect of the luxury condo for sale that you are thinking of purchasing; what kind of views will you have? Will you be looking out onto a road, a park or into a neighbor’s bathroom window? This can be hard to visualize, so visit the site of the construction to get a clear idea and speak to the developer about your concerns.

Investing in a new build luxury condo can be a great opportunity to get a high standard of property for a reduced price, and is a fantastic solution for both investors and people looking to move into a new home. By following the tips above, it can be easier to make a decision on whether or not the condo for sale you are looking at is the right one for you.

How to Choose Amenities for Your New Build Luxury Condo

Investing in new luxury condos for sale can be a great way to not only find a dream home in a great location, but also make some significant savings as property developers are usually ready to give you a significant discount on your purchase. You can also often choose from a variety of different amenities and finishes to make your condo truly to your tastes.

With that said, it can be difficult to know where to start when choosing amenities for your new apartment, especially if the property developer has a wide array of options to choose from. Here are some of the amenities that you should consider when deciding on the final features to be integrated into your new home.

First of all, consider the textures that the interior of the property will have. Many property developers of new luxury condos for sale will have a range of premium textures for floors, walls, ceilings and more, allowing you to select something that is truly to your taste.

Usually, the developer in question will have a model home where all the finishes and textures are on full display and you can see how they would look when placed in your property. Make sure to speak with the developer at length about your options and see them ‘in real life’ before making a final decision on your selection.

Although the developers may have set range of flooring, tiling and wall customization options, they are often able to take custom requests from purchasers that have very specific demands. If you want a particular color flooring for your new home, make sure that you check with the property developer than this can be fitted before you go through with the sale.

Another aspect to your new home that you will want to customize is the floor plan and layout of the apartment you are thinking of buying. This can be especially interesting as some floor plans can create a flowing feel throughout a property and allow light to infiltrate the residence; take a detailed look at your options with these elements in mind.

If necessary, hire the help of an interior designer who will be able to offer you their perspective on the floor plans available to you and advise you on the best option for your particular needs. Any expense incurred here will be well worth it to know that you will be getting an apartment that is well-proportioned, aesthetically-pleasing and meets all of your functional needs.

You will also need to consider whether other essential facilities will be integrated into the building of new luxury condos for sale. These include efficient internet connectivity, secure parking facilities and even gated security if that is a concern for you.

Some of the best developers of new luxury condos for sale will offer real luxuries like heated parking areas for warmth and comfort even in the winter, landscaped gardens and beautiful communal areas. In all cases, check what else is included in the property apart from the luxury finishes and designer floor plan of your potential future home.

Deciding to invest in a brand new property such as a luxury condo can be a daunting process and a lot of hard work, but if you do find a reputable property developer they are sure to make the whole procedure much easier for you and as stress free as possible.

As a buyer you should be able to decide on all the finishes that you want in your home, as well as on the floor plan that suits you both aesthetically and functionally. In addition to this, check to make sure that all other amenities that are essential for you – such as parking or a secure gated entrance – are included in the deal before you decide to buy.