Is High Rise Condo Living Right for You? (Part 2)

Read This Information Before Buying!

HOA: HOA fees for high rise condos work similar to other HOA’s that you may be familiar with. The dues are paid monthly to cover landscaping, building maintenance, blanket insurance, & reserves. However, in luxury high rise condos, the HOA fee can also cover luxury amenities such as concierge, valet, wine storage, limo transportation, high-end fitness center, & even maid services. The total HOA monthly dues will vary depending on the age of the building, the number of residents, & what’s included in the monthly fee. Before purchasing, also be sure to inquire about both any pending special assessments as well as confirm that they HOA reserve fund is adequate.

Noise: Do you like cranking up your favorite rock-n-roll tune when you get home after work? Well, you might want to invest in some sweet stereo headphones if you plan on living in a luxury high condo tower. Luxury High rise condo towers have set of rules and noise control is one of the strictest of them. Most buildings enforce a quiet period from early evening to morning during which residents are required to keep the noise down. Make sure to review the HOA’s rules on noise control to make sure it fits with your lifestyle before purchasing your luxury high rise condo!

Source: scottsdale-az-condos.com