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Bidadari Estate Development - Homes to die for!

Luxury real-estate is scheduled with a great number of factors. Obviously, luxury real estate is a lot more spacious than the average home or condominium in the marketplace. Luxury properties are controlled by the laws of supply and demand -- the quantity is limited and dependant on the location, the demand could be tremendous.

mount vernon condo - However, keep in mind that there are other characteristics that make luxury properties luxurious including marble countertops and floors, granite sidewalks on the property, decorative track lighting, indirect lighting, spot lighting, outdoor and indoor pools, multiple car garages, bedrooms with saunas and huge bathrooms, huge walk-in closets, remote-controlled film projectors, TVs, curtains, doors, and security systems, etc... In other words, there's simply much more living area and many more square feet on the luxury property.

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

mount vernon condo - Therefore, how does any luxury home buyer or investor know if she or he is buying a real luxury property? Well, the dictionary defines the term "luxury" as sumptuous, elegant, or refined living. Luxury is an facet of life that many people seek as a want, but not as a necessity. This sounds accurate in my experience. What is your opinion?

Often times, luxury property may be based on the private tastes from the buyer? As the saying goes, "luxury (or beauty) is within the eye from the beholder." For some, a palatial estate can be construed together with all the benefits and features aforementioned along with the right building colors, design, landscaping, and first-class construction materials.

mount vernon condo - So essentially, what shall we be held wanting to convey to you? Simply that, luxury real-estate is driven through the personal needs and wants with the buyer. Clearly, price escalates from the limited way to obtain luxury real-estate that meets the specifications of the few who are able to afford to buy these properties. The posh property market is a market which has very demanding clientele, who (rightfully) expect the largest bang for that cost that accompanies these properties. Thus, the greatest meaning of luxury property may be and will continue being dictated by the purchasing power and whims of the people seeking luxury real estate.