Whether you’re looking for a vacation home or entering the market as an investment, Coral Gables luxury homes and condos are attractive real estate opportunities. There’s no shortage of luxury real estate in this community, though the number of properties that are currently listed on the market might be in shorter supply than you think. If you’re a first-time high-end real estate buyer, there are a number of items that should be on your radar before you begin your search. Being aware of what to look for will make your journey much easier to traverse and help you find homes with features that will maximize your investment.
1. A real estate agent that specializes in luxury homes should be the first person you contact
You’re probably aware of the many advantages that working with a real estate agent presents for a buyer. A seasoned agent will know the available home stock inside and out, be able to negotiate with the seller masterfully, and help guide a buyer through the myriad of legal paperwork throughout the entire process. But when it comes to buying luxury property, there’s so much more that an agent will need to have in their skillset.
A luxury real estate agent is a vital ally in finding the best high-end properties available. It might surprise you that there are a good number of these homes available that aren’t publicly listed. In order to protect the privacy of the seller, many luxury homes are sold via word of mouth. This means that obtaining luxury property requires an agent to be in the loop at all times. A strong connection with local banks, past luxury property clientele, and a proven track record in this niche market are part of what separates a high-end real estate agent from one who works with more common elements in the real estate market.
2. The latest smart home technology is a must for high-end real estate
The internet has grown exponentially over the last decade, with smartphone and device technology rapidly evolving to allow the homeowner to control so many items with the push of a button. Additionally, the development of devices that respond to voice commands has grown in popularity, making it even easier to control and monitor the features and amenities of a high-end property.
There is no shortage of smart home technology in Coral Gables luxury homes. When viewing homes for sale, ask what smart home features each offers. You’ll find that many of them allow connectivity to monitor home security systems, climate control, and lighting. Additionally, voice commands can be made to select and control music, set timers on ovens, and lock/unlock gates and doors.
3. Look for homes that have dedicated rooms for hobbies and interests
The most spacious luxury homes will often have rooms dedicated for a variety of single purposes. In these homes, you might find a home gym with the latest state-of-the-art equipment. The traditional library might be another one you encounter, with plenty of built-in bookshelves ready for you to hold your own collection of novels. But there are many other hobbies and interests that you’ll find taking up space in these homes.
Wellness rooms are growing in popularity
A growing trend in luxury homes is the addition of a wellness room. These provide a dedicated space for a person to help manage and become more mindful of their mental health. A wellness room will look different from home to home, as we all have different needs and mental health strategies.
Some will use these spaces for yoga and/or meditation. Others might fill them with plush and comfortable furniture, creating an environment for relaxing with a book or even napping. No matter how a person relaxes or practices mental health mindfulness, these rooms are sure to be furnished and decorated with the most soothing elements available.
The wine cellar is a must-have for wine enthusiasts
In some Coral Gables luxury homes, you’ll find a wine cellar. These carefully designed rooms provide a temperature and humidity-controlled space to age your favorite bottles of wine perfectly. Shelves that are built with just the right slant will be along each wall, the bottles fitting into slots that keep them safe.
Transformed outdoor spaces bring the amenities of the interior to the outside
Many high-end homes will contain the most luxurious outdoor spaces for their occupants. Covered brick patios are designed with many of the comforts commonly found indoors. Large but quiet ceiling fans work to cool the space. Big-screen televisions are installed and connected to expertly designed sound systems. Outdoor showers are becoming more common, giving you a place to quickly bathe after an afternoon of swimming in the pool. Outdoor kitchens are also a popular amenity. These provide the perfect spot to prepare grilled meals without heating up the main kitchen. You’ll also find some of the most comfortable furniture in these spaces, making them a perfect spot to entertain friends and family or simply relax after a long day at work.
Ready to invest?
The amount of capital it takes to secure a high-end home in Coral Gables should mean that your every move should be carefully planned. As the acquisition of these properties means a bit more legwork, it’s strongly recommended that an experienced and dedicated real estate agent be used to help you navigate the search process. The agents with The APT Team have the necessary contacts to help buyers find off-market luxury homes and years of experience in the industry to secure the best possible deal. Consider their expertise when beginning your search for the Coral Gables home of your dreams.
