Individual home units are slowly dwindling, owing to the fragile condition of the economy. These homes often are priced in thousands or hundreds of thousands of precious dollars. The present trend is to find a place that, though not detached, will provide the much-coveted privacy, yet will offer accessibility to the amenities of urban living.
Such is the perception of living in a condominium (or condo as it is popularly referred to). The condo consists of several homes that stand on one land. The condos offer affordability. True, it is not a separate and detached property with its restrictions; and yet these restrictions maintain and enhance the value of one’s properties with its elaborate security set-up to protect its residents.
In today’s endless hustle and bustle, one wonders where in this world you can build a place called HOME, for peace and quiet to savor the fruits of your labor and yet keep abreast with the hectic pace of progress; a place where an extra hour of relaxation invigorates the mentally and physically battered mind and body; a place where diverse businesses flourish and entrepreneurship never falters such that even retirees have endless opportunities of being productive instead of wasting away their life waiting for pensions. There is indeed such a place, thank God!
Miami Beach was incorporated on March 26, 1915 and is a distinct municipality of Miami Dade County in Florida. It has a population of less than 100,000. Being an island it boasts of white sands and vistas of the palm trees, sun, and majestic waters are truly picturesque. Business opportunities abound. Its being sound can be gleaned from the vibrant nightlife it offers. Indeed, Miami Beach is an island that mingles with urban life.
Here are some advice to whoever wants to buy a luxury condo in Miami Beach:
FIRST: KNOW WHAT YOU WANT. There are specifications for every unit that will satisfy what you require.
SECOND: Inquire the present selling rates so that you can adequately prepare your finances. What you want may not be within the reach of your pockets.
THIRD: Buying condos can be compared to air fares. There are “Peak Seasons” and “Off-Peak Seasons” in the condo market. Be aware of these times, so you know when to initiate negotiations. real estate agents know this. Inquire from reputable firms that deal with real estate.
FOURTH: Be patient when negotiating. Rushing towards what you believe are rock-bottom prices may in fact be an over price. Being patient increases your negotiating power such that you may bring down the price lower than what you have originally prepared.
FIFTH: Be dressed smartly and appropriately for the negotiations. Sellers can gauge your bargaining power from the way you are dressed. But don’t overdo it, or they’ll end up assuming you can afford more than you actually can and slap you a high rate.
FINALLY: Keep in mind that as demand for luxury condo units increases, prices will also go up leading to its APPRECIATION and attaining what is called a HOME.
Vanessa Arellano Doctor