It truly is hard to quantify luxury, but a luxurious condominium has all of the ingredients a seven-star luxurious hotel would supply. The ultimate in comfort and services that cash can obtain spas, club homes, parking, purchasing malls, recreation areas, and round-the-clock electronic surveillance are a number of the fundamental amenities.
A lot of the time men and women invest in or lease a luxury condo, not just for their residential living, but also as a source of revenue by renting it out. The hospitality and tourism market worldwide has seen tremendous development inside the final two decades, and the contemporary tourist is educated, discerning and quite tough to please. For both the budget-conscious as well as the wealthy tourist alike, seeking a alter from the ordinarily accessible packages is essential. And for the hospitality business, delivering what the clients want is important. Luxury condos play a essential function in attracting vacationers to destinations, which have supposedly lost their charm. Wherever you go, from Singapore towards the Bahamas for the United Arab Emirates, the most beneficial tour operators will advise you to verify into a luxury condo rather than a hotel. Holiday directories and vacation club directories are filled with luxury condo addresses.
The luxury condo rates begins at USD 600,000 and there isn't any upper limit. The tallest constructing, holding about 472 luxury condominiums, a five-star hotel and 286 luxury condominium guest rooms, would be the 97-floor Trump International Hotel and Tower in Chicago, which is a clear indicator that, for luxury condominiums, even the sky will not be the limit.
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