Palm Beach County is home to some of the most gorgeous scenery and properties in the world. With its sunny climate, unparalleled beaches, fine dining, high-end shopping, and elite residential communities, it’s not surprising that real estate in this part of South Florida is popular with luxury buyers. What may come as a surprise is that some of the best properties in Palm Beach County can be found on the condominium market. Here are some reasons to consider a condominium for your next Palm Beach area real estate purchase:
Lower Price
Depending on where you are looking, condominiums tend to have a lower price point than luxury homes in the same area. For instance, if you are looking to buy in West Palm Beach, you could get a spacious three-bedroom condominium with a panoramic view of the Atlantic, sub-zero wine chiller, marble floors, state-of-the-art kitchen, and custom closets for a fraction of what you would pay for a traditional residence in a nearby gated community.
Amenities
Luxury condominiums tend to have stunning features and details. Additionally, these properties usually have superior beaches, and on-sight amenities such as world-class fitness areas, concierge services, business centers, valet, private meeting rooms, and pools. Exclusive accommodations such as these can be found throughout the Palm Beaches. For instance, condos such as those located in the Ritz-Carlton Residences on Singer Island, The Bristol of Palm Beach, and North Palm Beach’s Water Club provide the ultimate in luxury living and comfort.
Maintenance
One definite perk of buying a condominium is that your monthly fees usually cover maintenance of the exterior of your property and the amenities. If the condominium pool needs to be treated or the fitness equipment needs repair, you will not have to make the arrangements. Your responsibility is to maintain what happens inside your condominium. However, outside your door, the property will be kept up without you having to attend to the details.
Location
Palm Beach area condominiums tend to be built in areas that are close to the water and local businesses and attractions. If you are looking to live in Palm Beach, buying a condo may allow you to be closer to work and leisure activities. If your purchase is for investment, you may find many appealing, well-situated properties in the Palm Beach area condominium market.
The Palm Beach luxury real estate market can be competitive. However, by considering condominium living, today’s buyers may find exceptional high-end accommodations that exceed their expectations.
At Rabideau Klein, Guy Rabideau, Esq. and David E. Klein, Esq. are dedicated, Palm Beach area Florida Board-Certified Real Estate Attorneys with extensive experience in Palm Beach area real estate transactions. We have the expertise and local knowledge you need to ensure that your interests are protected. Contact Rabideau Klein today to discuss your real estate legal needs.