Luxury Condo or Country Estate?

by Rebecca Schaffer 08/04/2019

The millionaire lifestyle conjures up visions of luxurious Country French-style mansions nestled in verdant estates at the end of a mile-long tree-lined drive, their arching bows of blossoms dipping overhead as you pass through in your top-down convertible. And that lifestyle is a perfectly pleasant way to live. But is it your way to live?

Luxury comes in small packages too

You have finally made it all the way to the top in your industry, received that windfall, won the lottery, sold your IPO … now you are ready to live the good life, but the idea of whiling away your time idly by the duck pond on the back side of your newly purchased acreage gives you pause. You've been striving toward a goal for a long time, and now that you've reached it, you're not sure it's exactly what you want, but sitting around at home most likely isn't it.

Do not force yourself into believing that the only way to live rich is in a large estate. If you love an active urban life now, you'll love it even more when you can fully enjoy it. Instead of moving out to the country, consider opting for a luxury condominium or townhome instead.

Sure, you’re giving up the rolling hills, bowing trees and the like, but you’re gaining access to all the things you want: gourmet food, good friends, great entertainment, grand shopping all at your doorstep in a high-rise condo, boutique flat or an imposing townhouse near to all the things you've grown to love.

Modern luxury condominiums offer premium options such as security, concierge service, valet parking, security, housekeeping, and staff to handle your dry-cleaning and package delivery. Some luxury buildings go so far as to offer membership in jet clubs—use of private jets, sort of like upscale limo service for longer trips. And many luxury associations offer limo and private driver service as well.

Building amenities may include indoor, outdoor, and rooftop pools, steam rooms and saunas, fully-staffed spas, on-premises sommeliers and private wine-cellars. Some locations offer larger private dining rooms—chef included—for entertaining large groups while others provide children's play areas and teen game rooms.

When you want to have overnight guests, some buildings provided guest apartments for short-term rental. Your guest has all the privacy of a hotel, but proximity to your residence and its amenities.

To find an agent specializing in luxury condominiums, check with your local real estate broker.

About the Author
Author

Rebecca Schaffer

I fell in love with Northeast Florida after a visit 10 years ago. My husband and I decided this was where we would move from the hectic pace of South Florida. As our son was about to transition to High School we made the move and haven't looked back. We quickly settled into the Saint Augustine area. It always amazes me how friendly and caring the people are in northeast Florida and it was a very quick process to make friends and get plugged in. As a real estate investor myself, I understand the experience and the needs one has when buying, selling and renting a home. It is one of life's biggest decisions. It is so helpful to have a realtor with knowledge and patience to provide the guidance one needs through the process. This is where I focus to provide my customers the best possible experience.