February Update – Yacht Club
Renovation works have taken place in your Yacht Club in Portofino. Your new awnings are at the front of the...Read More
Did you know that the summer months are the best months to purchase a condo at the Portofino Yacht Club? It’s the slow season and only a few buyers are still in town.
Which units are the best deals at this time?
If you are looking to purchase a 1 bedroom condo at the Yacht Club at Portofino then your entry price would be #1005 for $458,000. This unit is fresh on the market a week ago. From the 10th floor, you see the ocean but we cannot say it’s a direct oceanfront view. Nevertheless, the view is very open and bright. The condo faces East so you can enjoy a gorgeous sunrise from the Portofino Yacht Club. The current owner bought this unit from the developer back in 1999 and paid $163,000 for it!
If you are looking to buy a 2 bedroom at the Portofino Yacht Club, then your best bet is #303 for $500,000. The unit has been on the market since January. It was first listed for $675,000 so I guess the owner had to lower his expectations. The last unit on a low floor which sold was #301 for $510,000 so without even starting a negotiation you are starting at a lower price point. However, it is a low floor and you are located right above the valet area so beware of the noise.
If you want to buy a 2 bedroom with a view then your best bet is #2703 listed for $750,000. It has a great view of the ocean and is vacant so it’s easy to show. The last sale of a similar non-remodeled unit was for $785,000 so don’t miss out on this deal!