4 Things to Think About Before Buying a Luxury Home
Think luxury living is just for the rich and famous? Think again! While it’s true that upscale properties can cost well over $1 million, you’d be surprised at how many others are within reach. From ski resorts and oceanfront properties to mega-mansions and grand penthouses, the variety of what’s available will astound you!
Buying a luxury home is a major investment. Here are a few things to keep in mind before signing on the dotted line!
Location, Location, Location
It’s no wonder this phrase is considered the first rule of real estate! Whether you prefer a high-rise with 360-degree views of the ocean or a secluded single-family home with lots of lands, location matters. It influences prices, especially in competitive markets. Having an ideal location in mind can narrow your search and provide an idea of the price you may pay.
More money, more amenities! Whether you’re in the market for an apartment or a spacious, single-family home, many luxury communities now include spas, 24/7 fitness centers, golf courses, restaurants, and much more! From active lifestyles to all-inclusive communities, everything you need is right at your doorstep! Literally!
Think Beyond the Building
Buying an upscale home is so much more than the house itself. So, it’s important to consider additional factors, like the developer and the amount of experience he or she has in the industry. For example, Fiddler’s Creek golf Aubrey Ferraro is one of the multiple luxury complexes built by Aubrey Ferrao. A developer like Aubrey Ferrao has years of experience and extensive knowledge of a particular area. Purchasing a property from a renowned developer allows you to be confident in your real estate investment.
It’s crucial to have an idea about the size of the property you’re planning to purchase. Be sure to consider not only the square footage of the living space, but also the size of the lot. For example, if you want minimal maintenance, consider an apartment or condo, where you’re less likely to be responsible for landscaping.
Real estate is a major investment. But there are ways to save time and reduce stress, such as narrowing your search to properties designed by experienced developers. No matter what approach you take, be sure to have fun!