VIP treatment in Florida New Construction Luxury Condos
By Dawn Papandrea

Thinking of investing in a new construction condo? Join the hundreds of thousands of other lucky real estate owners in Florida, where gorgeous beaches, panoramic views, and VIP treatment are just part of everyday life. From the nightlife, dining, and entertainment mecca of South Beach to the blissful Biscayne Bay, South Florida exudes residential elegance and enviable living.

When considering buying new construction luxury condos in Florida, you should note that it?s not uncommon for the most desirable units to be reserved well ahead of their scheduled completion dates. That gives you a glimpse into just how attractive luxury condo living is. But keep in mind ? when purchasing something that only exists on paper, good old-fashioned research is a must. Here are some points to consider as you begin your quest?

Ultimately, whether your purchase will be for a vacation home, an all-year-round residence, or for sheer investment purposes, you should do your homework. The great thing about new construction condos in Florida is that there are usually a plethora of buying options available. For instance, you may find units available from studio all the way to five-bedroom ones. As you search, be sure to inquire about the total square footage and starting prices for each floor plan available.

Among important basic questions to ask about include security (Is there 24-hour on-site surveillance?), parking (Will you have a private garage area to call your own, and even better, is there valet parking available?), and hurricane-resistant precautions taken (Is the structure built to withstand potential high winds and storm conditions?).

When considering more lavish amenities, new construction condos in Florida may include fitness and spa facilities, floor-to-ceiling windows, concierge service, expensive marble flooring, granite countertops, state-of-the-art appliances, walk-in closets, and many other features. From high ceilings and balcony views, to state-of-the-art audio and video capabilities, Italian kitchens, and expansive baths, the possibilities are limitless ? if you can imagine it, there are new construction condos in Florida that will make your dream come true.

The key to buying something that isn?t yet built is smart research and a strong vision. The good news is in Florida, your money or deposit is held in escrow until the condominium is completed, and then released at the real estate closing, at which time the unit is transferred to you. The exception is if it states in your contract that the developer is using a portion of your deposit toward the construction.

Another financial plus is that with most new construction condos in Florida, you will only be required to leave a 10 percent deposit of the pre-sale price at contract time, and another 10 percent deposit at the time of construction ground-breaking to reserve the unit until it is completed.?