Condos Guide



             


Sunday, June 29, 2008

Luxury Condos

Work hard, party harder is the modern mantra for living life with luxury. And the ultimate symbol of luxurious living is a modern-day ultra-luxurious condominium be it an apartment condo or a stand-alone condo.

It is difficult to quantify luxury, but a luxurious condominium has all the ingredients a seven-star luxurious hotel would provide. The ultimate in comfort and services that money can buy spas, club houses, parking, shopping malls, recreation areas, and round-the-clock electronic surveillance are some of the basic amenities.

Most of the time people buy or lease a luxury condo, not just for their residential living, but also as a source of income by renting it out. The hospitality and tourism industry worldwide has seen tremendous growth in the last two decades, and the modern tourist is educated, discerning and very hard to please. For both the budget-conscious and the rich tourist alike, seeking a change from the normally available packages is important. And for the hospitality industry, delivering what the customers want is critical. Luxury condos play a vital role in attracting tourists to destinations, which have supposedly lost their charm. Wherever you go, from Singapore to the Bahamas to the United Arab Emirates, the best tour operators will advise you to check into a luxury condo rather than a hotel. Vacation directories and holiday club directories are full of luxury condo addresses.

The luxury condo prices starts at USD 600,000 and there is no upper limit. The tallest building, holding about 472 luxury condominiums, a five-star hotel and 286 luxury condominium guest rooms, is the 97-floor Trump International Hotel and Tower in Chicago, which is a clear indicator that, for luxury condominiums, even the sky is not the limit.

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