Luxury condos come with a wide range of choices, from one-bedroom units on a beautiful beach to three- or four-bedroom units with all the amenities for larger families. They can be in the middle of a big city’s downtown or have high-end features including valet parking, indoor pools, and gyms.
Because there are so many choices, luxury condos are popular as full-time homes and short-term rentals. This makes a luxury condominium in Tribeca an excellent choice for investors who want to get into short-term rentals or high-end real estate to diversify their holdings.
View Affects Value
When a possible buyer first looks at a luxury condominium in Tribeca, the view is often the first thing that comes to mind. A beautiful view can sometimes make a plain condo unit more appealing since many people will pay more for a beautiful view. If you’re looking for a condo to flip or rent out for a brief time, the view may be important to you, but keep in mind that it will usually mean a higher initial price.
Amenities Are a Must
Even though condos in cities and condos near vacation spots are different in some ways, the focus on amenities is the same, especially in newer condo projects. It could be a high-rise building with underground parking, a concierge service, a full restaurant, a cocktail bar, and a health club. Or maybe a gated neighborhood with a country club, a big golf course, and a place to ride horses. Choose a condo community, such as 450 Washington, that focuses on how people live in the area and gives residents a lot of on-site services and the comfort of their own unit.
