Less is more!
It’s not a money choice, it’s a lifestyle choice.
Today (older) buyers are downsizing. They are opting out of their 10,000+sf mansion with 4+ car garage, luxury home theaters, bowling alley, helipad, sprawling grounds, resort backyards, and gun ranges. And downsizing into their next trophy property: top floor penthouse or luxury condo high-rise.
Why downsize? The maintenance and upkeep of these huge homes, estates, and mansions is a job all its own. If you don’t maintain these homes, they deteriorate. The cost is a waste of money, not to mention the kids have moved out, the property is deteriorating, and it’s time for mom and pop to play and live.
Have you seen the amenities that come with a high-rise penthouse building? 24 hour security, concierge, gyms, spas, roof top pools and BBQ areas, access to resort hotels and pools, on call massage therapist, valet, dry cleaning, commercial offices for meetings, high-tech parking garages, and so much more. It’s an easy choice says realtor Juan Pesqueira. You might also save money, a lot of money by making the swap. So much so your options could include purchasing multiple properties to accommodate guest, for rental income, or buy in other cities and travel. Now let’s talk about outside: Walk to shopping, fine dining, coffee shops, restaurants, you don’t even need a car. If your destination is a little longer no worries an electric scooter will take you there.
Penthouses are the latest trend in the urban Scottsdale-Phoenix-Tempe-Paradise Valley market and have become a desired contemporary housing option for home seekers. A penthouse (according to condoagent007) is traditionally known as the top-floor unit of a luxury residential building but that definition is changing. Now, “penthouse” is usually more of a marketing term that refers to a unit with a different layout from others in the building, ample outdoor space, great views, or largest size — but it’s not necessarily on the top floor. A penthouse is a lock and leave lifestyle. You can travel and not worry about the property. Hey honey can you fix the light, no worries babe. I’ll call the concierge.
Phoenix metro market is becoming more vertical. It’s a major change in the landscape of Phoenix, Arizona. We have an abundance of new high-rise penthouse developments to choose from. There is never a better time to downsize or relocate into a penthouse or luxury condo in the valley of the sun than now.
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