Investing in a Downtown San Diego Condo

July 7th, 2015

Condo properties must surely be the investment of the future. Downtown San Diego Condo living is like having your own place but without the maintenance. It’s like swimming in the pool without having to worry about the Ph balance.

It’s like being able to walk around lovely, large grounds without having to worry about when you are going to cut the lawn. It’s about having your screen door get stuck without having to get down on your hands and knees to fix it.

And all these reasons are linked to the reason why it may be the investment buy of the future. It has to do with ‘ease of living’ – which has to do with the large numbers of baby boomers who are coming up to retirement age. They may not be into condos yet ….. Many of them may initially want to lead a more active life while they still have a surplus of energy.

However, perhaps by the time they are into their late seventies or eighties, they may be looking for the easier life! A life with someone to help with the upkeep: a life in a Downtown San Diego Condo!

The sort of pampering that you can expect in a condo complex will largely depend on the type of service that is offered when you buy the place. The term full service is often quoted, but some full-service tariffs are fuller than others!

Before you purchase a condo, check the full-service list. Does it have a limit on the yearly number of maintenance calls you are entitled to? Are there routine maintenance checks included in the contract? Is there a shopping shuttle and could you have any input into the choice of shop?

Are there any rules in the prospectus that you would not like to concur with? For instance, are outdoor barbecues allowed on your balcony or patio? Are there night time noise restrictions?

Ask to have the full service list in writing and dated. When you draw up a purchase agreement, have the full-service list attached to it as an appendix and have the terms of it signed into the contract.

Make sure that you do not only look into the layout of the unit and the facilities offered. There are other important factors. What is outside the resort wall? Anything? Also make sure to check out our Condo Comparison Guide to determine the best development for you: Downtown San Diego Condo Guide.

If you are considering buying a condo as an investment for possible future sale to a baby boomer, bear in mind that you will be opting for the facilities required by an older person.

Finally, when the sale time comes perhaps you will be too fond of your odd trips to the condo to want to sell it – maybe you should buy two while you’re at it?

The Latest Headlines

Interior Improvements for your Downtown San Diego Condo

These days it is simply not enough to just throw your Downtown San Diego Condo onto the local real estate market and hope for the best. Agreed, sometimes this does work, but......

read more

Smart Corner San Diego Market Updates

Smart Corner – Market Updates Smart Corner is a mixed-use condominium and retail project located at Park Boulevard and C Street, in the Core District of Downtown San Diego. Completed in 2007,......

read more

Top 100 Downtown San Diego Real Estate Agents of 2012

Real Marketing Inc. is congratulating the 2012’s Top 100 Downtown San Diego Real Estate agents! In the zip code of 92101, 895 sales were made, which is a 5.6% reduction from 2011.......

read more

Hawthorn Place San Diego Market Updates

Hawthorn Place – Market Updates Hawthorn Place is located on the corner of Hawthorn and India Streets in Little Italy. Hawthorn Place stands at the heart of an ideal lifestyle that combines......

read more

Element San Diego Market Updates

Element – Market Updates Contemporary design, unique floor plans, a coveted location, and incorporated retail space make up Element, an eight-story complex situated at the Southwest corner of Market Street and 15th......

read more

Aria San Diego Market Updates

Aria – Market Updates Located in the highest point of Downtown San Diego in Cortez Hill, Aria was completed in 2008 with 137 units and offers a wonderful location away from the......

read more

Investing in a Downtown San Diego Condo

Condo properties must surely be the investment of the future. Downtown San Diego Condo living is like having your own place but without the maintenance. It’s like swimming in the pool without......

read more

Watermark San Diego Market Updates

Watermark – Market Updates Influenced heavily by European architecture, The Watermark is located at 650 Columbia Street in the Marina District. It features a variety of residences and amenities as well as......

read more

Pinnacle San Diego Market Updates

Pinnacle – Market Updates The Pinnacle Museum Tower is an 182-unit, 35-story luxury condominium development located at 550 Front Street in the Marina District. Floor plans are available in one-bedrooms with 669......

read more

Eight Tips for Selling your Downtown San Diego Condo

One of the biggest mistakes people make when selling a house, is not understanding real estate value. It doesn’t matter at all what you think your home is worth. The value of......

read more

Get Listings and Articles Delivered Straight to your inbox