Lifestyle needs vary from person to person. Some might prefer the energy of a high-rise in the heart of the city, while others enjoy a serene waterfront environment. If you want to know what is a luxury apartment, it is helpful to remember that these residences come with premium amenities...
Luxury Elegant and sumptuous; A deluxe car Luxe accommodations A luxury condominium Simplicity The quality or state of being not complex, or of consisting of few parts; as, the simplicity of a machine. Simplicity Artlessness of mind; freedom from cunning or duplicity; lack of acuteness and saga...
But for our purposes here, it’s good to define our terms. A house is a free-standing residence with four outer walls that are not connected to any other residential structure. It’s usually on a lot with a yard in the front and/or back, and the owner of the house also owns the ...
A non-warrantable condo does not fulfill the lending requirements of Fannie Mae and Freddie Mac. A condominium that has any of the following limitations is deemed non-warrantable: The HOA, or condo association, is involved in a lawsuit. The condo building includes amanufactured home. The prope...
3. The highest recorded monthly fee is $1,145 for a luxury condominium in Manhattan. 4. Homeowners association dues have increased by an average of 3.5% annually over the past decade. 5. On average, the dues represent 18% of a homeowner’s total housing expenses. ...
For the most part, single-family homes are best for owners who can afford the luxury of more space and privacy — and who have the time and money required for general maintenance and upkeep. Of course, the best housing situation for someone can change as time goes on. For example, many...
A homeowners association (HOA) is an organization that makes and enforces rules and guidelines for a subdivision, planned community, or condominium building. HOA members are the residents of the subdivision, community, or building. Some communities require mandatory membership for individuals who purcha...
On the Market: A look at Open Houses happening across Newport County this weekend (Feb. 15 – 16) Whether you’re in the market for a cozy cottage like 59 Hilton Street in Tiverton, a luxury home like 15 Lewis in Middletown, a downtown condominium like 621 Thames Street in Newport, or...
Take, for example, 20 East End Avenue in New York City, a luxury condominium development that is currently under construction. Architect Richard J. DeMarco of Manhattan-based firm Montroy Andersen DeMarco says that the building's common areas, such as the library and fitness club, are a defin...
A condominium, or condo, is a private residence that is rented out to tenants. A condo is typically located in a residential building or community, but the unit itself is privately owned by an individual who becomes the landlord of that property. The owner of the condo has full say as to...