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Bidadari Estate Development - Homes to die for!

Luxury real-estate is determined with a multitude of factors. Obviously, luxury real estate is a lot more spacious compared to average home or condominium on the market. Luxury properties are governed by the laws of demand and supply -- the amount is limited and dependant on the location, the demand could be tremendous.

mount vernon condo - However, remember that there are other characteristics which make luxury properties luxurious including marble countertops and floors, granite sidewalks on the property, decorative track lighting, indirect lighting, spot lighting, outdoor and indoor swimming pools, multiple car garages, bedrooms with saunas and large bathrooms, huge walk-in closets, remote-controlled film projectors, TVs, curtains, doors, and security systems, etc... Put simply, there is simply far more liveable space and much more square feet on the luxury property.

Of course, from the market perspective, luxury real estate could be anything from a penthouse condominium or perhaps a beach property to a 20,000 foot mansion on 2 to 3 acres of land. A home over a mountain might be defined by the owner as luxurious or extremely upscale if it is filled up with the previously mentioned amenities.

mount vernon condo - Therefore, so how exactly does any luxury home buyer or investor know if they're purchasing a real luxury property? Well, the dictionary defines the term "luxury" as sumptuous, elegant, or refined living. Luxury is definitely an facet of life that most people seek like a want, although not being a necessity. This sounds accurate in my experience. What do you think?

Often times, luxury property may be based on the personal tastes of the buyer? As the saying goes, "luxury (or beauty) is in the eye from the beholder." For some, a palatial estate could be construed as you challenging benefits and features aforementioned plus the right building colors, design, landscaping, and first-class construction materials.

mount vernon condo - So basically, what shall we be held trying to convey to you? Simply that, luxury real estate is driven from the personal needs and wants with the buyer. Clearly, price escalates by the limited supply of luxury real-estate that fits the specifications with the few who is able to manage to get yourself a dvd properties. The posh property market is a distinct segment which has very demanding clientele, who (rightfully) expect the largest bang for the price tag that accompanies these properties. Thus, the best concept of luxury property continues to be and can remain dictated by the purchasing power and whims of those seeking luxury real-estate.