New Trends in Luxury Real Estate

April 1, 2019

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Buyers looking for luxury real estate – usually defined as homes over $1 million – are usually drawn to the northern Palm Beach and Martin County areas. Our local area boasts an unparalleled amount of luxury living options from sprawling country estates to waterfront mansions to high-rise condos. While there may be distinct differences in the types of lifestyle these properties offer, one (or several) specific feature has risen among the rest to be of most importance to buyers – amenities.

As the average age of luxury property owners is mid 40s to 50, many of them have realized the time, effort and financial burden it takes to properly maintain these expansive homes. Additionally, many of these buyers own several properties and lead busy lives. This has caused a trend in buyers seeking smaller square-foot homes in higher-luxury communities that offer what one may consider an all-inclusive resort style feel.

Luxurious amenities have become the most popular request for luxury real estate buyers in Palm Beach and Martin Counties. Property managers, condos and communities have taken notice of this trend and have started to expand their offerings of lavish livings. Many properties are making major investments to enhance their on-site amenities such as clubhouse renovations and golf course improvements, building recreational sports buildings for fitness, tennis and pickleball, dining facilities, and resort-style pools.

Additionally, many of these communities are now offering select services to its residents that offer not only luxury, but convenience too. Some services include inclusive health centers, bike and sport equipment rentals, concierge services, boating, beauty and spa services, housekeeping, dog walking and more.

Whatever your need is to complete your luxurious lifestyle, you can find it here in Palm Beach and Martin Counties. And I will be right there with you every step of the way to ensure that you find the perfect home!

Call me today to start the road to your newest luxury real estate purchase and/or sale!