30/09/2024
For buyers and tenants
It is an increasingly common practice for realtors or property owners to define the property they are selling as a luxury home without it meeting all the necessary criteria. Sometimes these are properties with a unique and unrepeatable interior or new construction that undoubtedly have their advantages over other homes on the market, but can hardly be defined as exclusive. It is even possible to find one-bedroom apartments that are marketed as a luxury property, or those in an excellent location, which is, however, their only competitive advantage.
In order for a property to be defined as a luxury one, it must have certain characteristics that add value. In order to be classified as 'exclusive', it must not only have a high financial value, but also bring experiences and be unique in its own right. An extra increasingly favored by luxury home buyers is the integration of modern technology into the property so that it provides its new owners with a high quality of living. Elements such as safety, comfort, and an overall quality living environment are also a must. However, location and the availability of spaciousness remain a leading feature. You can find out more about what makes a property luxurious and exclusive, as well as what the fundamental rules are when investing in such a home, here.
A luxury property today is not just a home or an investment, but a standard for quality living and lifestyle. It is far from just a location, although this remains its main characteristic. Even if the home is located in the historic heart of the city, it needs to have other distinctive features that fully confirm its exclusivity. A leading one is the quality of the property, which distinguishes every luxury home from the mass market. From the quality of the materials used in construction, to the architecture and design, to the facilities management, strict performance controls are applied to ensure a safe and secure living environment. Modern luxury homes even rely on significantly higher standards of sustainability and focus not only on using high quality materials in the process, but also non-toxic ones in the overall execution of the project. Increasingly, they are also relying on energy efficient appliances to meet the new needs of customers who want to fully immerse themselves in a quality living environment, as well as sustainable building materials.
One of the hallmarks of a prime property is its location and it is the location that proves to be a leading factor in the selection of offers. There are several prime locations that offer not only luxury properties but also lifestyle, each providing people with a different lifestyle. One of the most preferred areas to buy an exclusive property is undoubtedly the central part of the city, which wins people over with its close proximity to the city's fine dining and nightlife. Downtown also offers a number of cultural attractions, and because of all these amenities, makes the area one of the most expensive to buy a home. The districts of Lozenets, Doctors Memorial, Manastirski Livadi, Iztok, Ivan Vazov and Yavorov are also some of the most preferred locations to buy a luxury home in the capital, with the added value due to all the lifestyle amenities they offer. When it comes to investing in a luxury property, defining your needs for the future is key to your long-term comfort. Are you planning on expanding your family, looking for a dynamic environment or do you prefer peace and privacy are some of the questions that will help you identify the right location for you. The area is defined for a person's lifestyle and should match their lifestyle to provide long-term comfort.
One of the main features of a luxury property is the security it provides to the occupants. It is far from enough to guarantee it only by the quality of the housing and the security of the location where it is located. When buying an exclusive property, customers expect complete security and safety for their families and possessions, and a luxury development can undoubtedly offer uncompromising security in every aspect. Security is one of the features that elevate an exclusive project above the rest in the market.
An integral part of the characteristic of a luxury home is the spaciousness and comfort it offers its owners. The home is increasingly becoming an area for relaxation and entertaining, especially post-Kovid. One of the factors that give a luxury property its uniqueness is precisely the spaciousness as well as the height of the room. It follows certain requirements, as the height of rooms and kitchens should not be less than 2.5 m. Adhering to this rule guarantees luxury property owners a sense of overall spaciousness, which, in turn, also means a greater sense of comfort and coziness. In the luxury segment, it is not so much the number of rooms in the property that matters, but that the home is spacious.
When you invest in a luxury property, you get complete security - from security for you and your family, to security for your movable assets. When you buy an exclusive home, you also own a parking or parking space to ensure peace of mind through a dedicated space for your car. It is also an increasingly common requirement to have a warm connection made to the underground parking spaces, so that getting to the apartment is easy and pleasant.
Luxury living starts right from the front door. A property is exclusive when it can provide residents with a quality environment and comfort as soon as they enter the property or apartment complex. When building such a property, the high quality of the building materials used as well as the design is key. Therefore, when buying a truly luxury property, right from the entrance you will feel as if you are entering a luxury hotel with a nice elevator and stairs, as well as a recreated feeling of entering a lobby bar.
Order for a property to have the "luxury" label, it needs to meet a number of standards, including having stylish and quality furnishings. Whether it is one with a classic design or a modern look, it must be furnished with furniture and equipment that brings its value. In most cases, these are products from world-renowned brands that convey a sense of luxury and exclusivity and correspond with the owner's lifestyle. Details are also essential - it's all those details that we don't notice all the time, but are polished from start to finish.
When investing in a luxury property, it's key to be aware of all those aspects that define the exclusivity of your home - from its location, to the high-end materials and fixtures used, to the quality of the furnishings within. Luxury is all about glamor, perfection and the feeling of comfort and coziness. It is in the convenience of the furnishings in the home, the energy of the occupants and the quality living environment. That's why you need to find the right home that meets all these criteria, but also your personal lifestyle and personal needs.
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