5 Types of Luxury Residences You Can Own

Written by Posted On Sunday, 08 October 2017 23:51

Having a home to live in is one of our basic needs, but if you have the capacity and can afford to get more than the standard home, then you definitely have a lot of options. While most people settle on what their budget dictates, you can opt for any of the luxury residences in your city.

What makes a residence a luxurious one? Houses or other types of residences can be labeled as luxurious, based on certain qualities and features. Some of the common features of upscale properties are the prime location and superb quality interior finishes.

Usually, luxury residences are located in a gated community, whether in major cities or in rural settings. They also give the owners access to exclusive amenities such as an exclusive country club for luxury homeowners. Other qualities are the high-end interior design and finishes such as professional grade or superior quality appliances, marble countertops, customized furniture and closets, and top of the line amenities and facilities, like spa and fitness centers. 

If you are in search of a luxury residence, either as a reward for all your hard work or for your whole family to live in, it would help you to know your options. There are different types of luxury residences that you can consider, each with their own advantages and disadvantages. By knowing each type, you can understand better the qualities that you want your future home to have.

  1. 1. Condominiums
  2. A condominium, often shortened to condo, is a complex with multiple units, with each unit owned by individuals. The units are surrounded by facilities and amenities that can be used by all the residents of the entire complex. Condos can be considered as luxury residences with their extravagant features such as fitness centers, swimming pools, and security system.

2. Penthouses

A penthouse is a type of luxury apartment that is on the topmost floor of a building. This type is popularly preferred because penthouses offer a scenic view of the skyline and the city’s landscape. They also have other great features such as rooftop decks and balconies, which give them an edge among other types of residences.

3. High Rise Apartments 

These types of apartments are usually found in metropolitan cities where there is a need to construct these types of residences due to the location’s large population. They consist of several stories, with most of the floors built for residential units and the others for commercial or for facilities intended to be used by the residents. High rise apartments may consist of several bedrooms, depending on the unit’s floor area. They are equipped with elevators because of their high structure.  

4. Low Rise Apartments

Low rise apartments are smaller compared to high rise apartments, but they can also be luxurious in the sense that they offer more privacy and solitude. They are usually below 115 feet or 35 meters, and consist of fewer floors, though they are still equipped with elevators for convenience.

5. Garden Apartments

In an urban setting, this type of residence can be defined as an apartment on the ground floor where there is an access to an outdoor space such as a patio, a backyard, or a garden as the name implies. It can be considered as a luxury residence as it can offer a sort of calmness and beauty in a concrete jungle. Gardens add beauty to houses with giant pots or boxes planted with beautiful and exotic plants and flowers. 

These are just five of the most common types of luxury residences that you may want to consider in your search for a new home. Your choice may depend on the size of the residence, the unique features, or the convenience that they can offer to you and your family.

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