Fort Lauderdale will be getting more luxury waterfront condos in 2015 at a desirable location north of the Ritz Carlton, and prices will start at $2.4 million. The project will begin in September of 2014, and will be completed by the end of 2015.
There is expected to be a high demand for the units from baby boomers, and a South Florida luxury resident real estate attorney can offer expert assistance to baby boomers and others who are looking to purchase a luxury condo in the region. 22 units will be constructed by Grand Birch, LLC near Bayshore Drive, and the condos will overlook the Intracoastal Waterway.
The land was originally purchased by Grand Birch in 2012, and other developers have constructed hundreds of condos in Broward over the past few years. There is no expectation that the recent boom of condo construction in the region will cease anytime soon, as there continues to be a strong demand for luxury condos in the region from both foreign and local buyers.
Luxury Condo Buyers Should Consult with a South Florida Luxury Residential Real Estate Attorney. A luxury condo purchase is one of the most important real estate purchases in a buyer’s life, and potentially costly mistakes should be avoided during the process of finding luxury real estate and negotiating an agreement. Anyone who is looking for luxury condos in South Florida should consult with a South Florida luxury residential real estate attorney who can offer advice on the unique considerations of a luxury waterfront property and review the contract to ensure that it is agreeable.
A South Florida luxury residential real estate attorney with knowledge of the local market will be able to advise buyers on which condos would be the most desirable based on their preferences. Luxury waterfront condos have several unique considerations that a South Florida luxury residential real estate attorney can advise on such as potentially higher insurance rates for hurricane coverage, distance to boat traffic and the water, and more.
The cost for hiring an experienced real estate attorney for this advice is well worth it for such an important investment. As the demand for luxury waterfront condos in Fort Lauderdale continues to rise, more people will need experienced advice regarding luxury real estate purchases. Contact a South Florida luxury residential real estate attorney at Schecter Law today for expert advice regarding the purchase of luxury waterfront real estate today.