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Atlanta Condos For Sale

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The Trump Towers promises to be a landmark of Atlanta's skyline, bringing a dramatic architectural design to the Midtown neighbourhood. Supervised by the real estate magnate Donald Trump's daughter, Ivanka Trump, the two tower high-rise is already a hot-seller, with nearly forty percent of its apartments and condos sold. The highly anticipated project is worth $300 million, and it is a collaboration of Donald Trump with Wood Partners and New York-based Dezer Properties.

Trump Towers is about to redefine the Midtown skyline of Atlanta. The emphasis has always been to harmonise cutting-edge technology with soothing interiors that rejuvenate your senses from the very moment you step into the building, which is a signature of the Trump brand of real estates. The prestige and reliability that the Trump banner enjoys is testified by the unprecedented pace in which the condos in Trump Towers are being purchased, in spite of the fact that Atlanta's condominium market is one of the most competitive in the USA.

This is Trump's first major residential project in Atlanta, and is expected to complete in 2010. It is said to offer some of the best luxury residential apartments in all of Georgia, if not the USA, and with Trump behind the project who can doubt it. The towers are centrally located at the intersection of 15th and West Peachtree Street. It also falls in the epicentre of Atlanta's Midtown Arts District, presenting a unique high-rise living experience to its residents. With the Alliance Theatre, High Museum of Art, Atlanta Symphony Orchestra, 14th Street Playhouse and the Woodruff Arts Center in its vicinity, the high-rise will be a part of a culturally rich neighbourhood and it pledges to reflect the spirit of Atlanta's art district.

This outstanding collaborative project is one of the nation's three largest, featuring 563 residential units constructed in two phases. The prices range from $500,000 to $1.6 million. The two towers, Phase I and II will be 47-storey high with 363 high-end luxury condos and 38-storey high with 200 high-end luxury condos, respectively. The first phase is expected to be completed by early 2009. There's even a waterfall on the outside of the building. The exterior architecture is designed by Atlanta's Preston Partnership LLC.

The trend setting design integrates metal panels, stone, glass and aluminium, along with opaque spandrel glass to lend privacy. The interiors are spectacular too, replete with artists' sculptures and sparkling Murano glass to accentuate the glittering natural wood and stone materials. Add to that the textile furnishings and graceful contemporary design and it little wonder that those used to luxurious living are snapping these properties up. Along with the two high-rise condominium towers, it will also house luxury retailers and destination restaurants within the building.

If you still aren't convinced, the other features you can expect here include hardwood flooring, travertine foyers, ten foot ceilings, eight foot doors and spacious balconies with dramatic views The enviable set of features in the kitchens consist of custom European cabinetry with soft closure, granite countertops, full-height granite backsplash, Sub-Zero refrigerators, Wolf cook tops with sculptural vent hoods, Wolf wall ovens and microwaves, Bosch dishwashers and Kohler fixtures.

If you think that is all, brace yourself. The bathrooms exude luxury as well with travertine tile flooring, custom more granite countertops, soaking tubs with travertine surrounds, showers with frameless glass and Kohler fixtures. The penthouses possess private residential terraces., and all residents will have access to luxury and boutique retailers, a high-tech business centre, conference room, club lounge with private screening room, full service spa, innovative fitness centre, a heated outdoor swimming pool, spacious pool deck, semi-private elevators, 24 hour concierge and round the clock valet parking for residents and their guests.

If you explore a few of the luxury features of Trump Towers, you'll realise why the Trump group of companies have earned enormous respect from all parts of the country. For instance, there are private elevators which you'll share with two of your neighbours only, adding more security than the conventional apartments. In addition, the availability of valet parking means your car will be parked within the extensive seven storey parking garage. Even when you're carrying heavy packages such as groceries, the valet will bring them up for you. This is the luxury living Trump Towers Atlanta guarantees you.

Moreover, residents have easy access to downtown Atlanta and uptown Buckhead through the north-south roadways. Even the business hub and Atlanta's leading colleges are just round the corner. Trump Towers Atlanta connects you to Interstate 75-85 easily, which makes it effortless to reach Atlanta's Hartsfield Jackson International Airport. Donald Trump said he always loved Atlanta. What better place to lay this foundation than this masterpiece of architecture, which secures the best live-work-play environment for its residents.

Atlanta Condos For Sale

When considering the prices of Atlanta condos against a single family home, taking the condo fee into consideration, you should consider what you are saving against your overall costs. When you purchase a family home you buy the house and everything else after that is your responsibility. When purchasing a condo, you will likely have other things included, many of which will be taken care of by the condo fee that you might also have to pay.

Before we discuss what is available in Atlanta with regard to condos, let's first discuss what condos are, since the term means different things to different people and it is important that you understand exactly what you are paying for when you are looking at condo prices, and comparing them with other forms of housing such as lofts and apartments.

A condominium, to give it its Sunday name, is one of a number of individual homes in a complex that are sold as opposed to rented. The term 'condominium' actually refers to the form of ownership rather than the home itself, and if a building housing a number of homes goes 'condominium', the residents currently renting must either purchase their units or leave.

When you buy a condo you own, your unit can consist of from one to several rooms, and everything external to your unit such as elevators, pool, central waste disposal areas and so on are communally owned. Not all condominium agreements offer all of these external facilities. Each owner pays a monthly fee to cover the cost of these communally owned facilities, generally run by a 'condominium association', plus extra for any major repairs needed for the structure housing the condos.

You will find that Atlanta condos are generally cheaper than a town house of a similar size, and generally cheaper than renting since rent also includes an element of equity building. However, unless you are used to living in an apartment, you might not like the ethos of condo living where amenities such as pools are shared with every other condo owner.

If you are not the type that likes being involved in community events, you might lose out because decisions can be made at condominium association meetings that could affect you financially. Generally however, these do not involve serious changes although they might not necessarily affect every owner in the same way. An apartment or loft, on the other hand, does not involve such an association, which is why most apartments are rented, the rental covering the maintenance costs.

Now that you understand what a condo is you can decide whether or not it is for you. You must take the monthly fee into consideration when considering the purchase price. Your condo fee could include the water supply, sewerage, maintenance, security and property insurance. If you buy an up-market condo, it could also include a fitness room, pool, recreational areas and a condo manager on site 24/7.

Condos are particularly suitable for single people and those that travel a lot. They are also good if you want to live in a good or prestigious area but cannot afford the price of a normal single home, such as in Chastain Park. You have plenty of choices in Atlanta, and a large proportion of Atlanta real estate on the market is in the form of high-rise condos in the centre of the city or in the commercial areas.

The Trump Tower, currently in process of construction, is offering hundreds of condos, many of which have already been sold. Prices are from $400,000 to $1.3 million. The average price for a condo in the old area of East Chastain Park, on the other hand, is about $170,000. This is a good deal because Chastain Park contains old money and old mansions and is one of Atlanta's most sought after localities with many homes selling at well over $1 million. However, when you see the advertised prices for condos, this does not include the condo fee, and you will have to make sure of checking that out, because that must be added to your monthly mortgage or condo loan repayment.

It is easy to get caught out if you are unaware of this extra monthly cost, so make sure you find that out before making an offer. Atlanta condos are available in just about every residential district in Atlanta, although their popularity and price increases with their proximity to the city center and the commercial districts. Many condos are owned by businesses as temporary accommodation for employees, visitors and customers who are staying in Atlanta overnight or for a short period only.

Atlanta condos, therefore, are very popular, particularly with individuals for single occupancy or with companies. If you make sure that you understand the terms of condo occupancy, it can be an excellent form of residence on a permanent or temporary basis, and certainly a lot less expensive that outright single home ownership.

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