Buyers in the luxury real estate market have several decisions to make. Would you prefer to own a home or condo on the beach or life in a golf course community? How much space do you need, and what amenities do you prefer? One of the first choices, however, is deciding between a single-family home or a luxury condo. Both offer some incredible advantages to the high-end buyer, so the best selection for you depends on your lifestyle and priorities.

Benefits of Buying a Luxury Home

One of the most attractive features of purchasing a luxury home is the space. A high-end single family home will typically offer more square footage than condos in a similar price range. They also provide more privacy and the convenience of not having neighbors on the other side of the wall. However, these benefits come at a price, as you’ll also be responsible for all the maintenance, upkeep, and emergency repairs.

Advantages of High-End Condos

While luxury condos might be smaller than similarly-priced houses, they do offer some attractive advantages. First, most general maintenance and repairs will be taken care of by the association, making condominiums a perfect option for those who travel and want to be able to “lock and go”. A luxury condo building will have a manager, maintenance person and housekeeper on staff, making life simpler for the owners.  Many things, such as insurance, cable TV, internet, water/sewer and trash pick-up are included in the condo association fees. Most condo complexes, especially those in the luxury market, also provide amenities to make life more enjoyable.  In addition to swimming pools, hot tubs, tennis courts, beach service and on-site spa facilities, some have high-end restaurants on property and fully equipped business centers along with other satisfying benefits.  

If you’re shopping for a luxury condo or home anywhere in the Destin, FL, area, Vicki Matthews - Coldwell Banker Real Estate has the specialized experience to help you find the property of your dreams. Since 2009, their team has concentrated on luxury real estate, building a wide range of professional contacts and developing a detailed understanding of the local market. Visit their website now to see some featured properties for sale, or call (850) 502-9571 to speak with one of the area’s top real estate agents today.