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Virginia Beach Condos – How to find a bargain waterfront condo
Posted By Jody On March 28, 2011 @ 12:37 am In Buying, Q & A | No Comments
[1]CLICK HERE TO DOWNLOAD A FREE LIST OF CONDOS AVAILABLE FOR SALE IN THE CONDOMINIUM COMMUNITIES MENTIONED BELOW
...you just need to know where to look. We'll concentrate on two different areas in this article - Chesapeake Bay waterfront condos on the North side of Virginia Beach, and Oceanfront condos on the far East side of Virginia Beach near the boardwalk.
The Chesapeake Bay area of Virginia Beach offers a less busy, lower tourist traffic area than the Virginia Beach Oceanfront, and for this reason is desirable for those who want to be near water and beaches, but don't necessarily need to be near the boardwalk at the oceanfront.
Of the condominium complexes in this area, two stand out in terms of bargain prices and proximity to the water: Chesapeake House and Cape Henry Towers. Both are waterfront buildings with walk-out beach and water access.
As of this date you can buy a first floor condo in this building in the low $100,000s. Of course, you get what you pay for, as it's a small efficiency/studio type condo, but it's still waterfront. The same unit on an upper floor is going for the mid-$200,000s Mandatory monthly condo fees start at around $300 a month for quite a few amenities, including master insurance, common area maintenance, etc. This building has pet restrictions and may not allow pets at all. Contact us here for more info [2], and we'll send you a list of everything that's available in Cape Henry Towers, and answer any question you may have [2].
This condominium community is also waterfront, and has the added benefit of allowing pets - rare for a high-rise building. Not only is this a definite plus for a buyer with a dog or cat, but it's excellent for resale value, as it opens up the property to more prospective buyers. As of this date, the most affordable condo in Chesapeake House is in the mid-$100,000s - a very small efficiency/studio unit, but still waterfront - an ideal place for the buyer that doesn't need much space. Condo fee for this unit is also extremely affordable at approximately $163 a month. A larger unit is available on an upper floor for the mid $200,000s, but still an efficiency/studio condo with a view of the Chesapeake Bay. Contact us for more info, and for a personal showing. [2]
The Virginia Beach Oceanfront and Boardwalk area is a very popular destination, and properties in this area command a premium. For clients who express an interest in the Virginia Beach Oceanfront, we usually recommend that they look at properties that are not necessarily beachfront, as they will save a significant amount of money. Right now there are small efficiency units available within a very short walking distance to the ocean in the low $100,000s. These are typically 600 square feet in size and under. Larger units will usually start in the upper $100,000s depending on the location. A few condominium complexes are highlighted below.
Pacific South is a high-rise building at the Southern tip of the boardwalk / oceanfront area, and typically offers a great value even though it's fairly close to the ocean - about 2 blocks walking distance. Some of the higher floors in Pacific South do have an ocean view. South facing units have a view of Rudee Inlet, and North facing units have a really nice lake view (and a partial ocean view if you're up high enough). It's not uncommon for units to sell in the $250,000 to $300,000 range for a two bedroom, two bathroom configuration. Monthly condo fee for these units is around $400. Pacific South is pet friendly too, with restrictions. Go here to search all Virginia Beach Condos in detail [4], or send us a message here to get notified by email as soon as new Virginia Beach Condos are available for sale in Pacific South [2].
For those looking to be in the Oceanfront area, but not necessarily on the beach itself, Harbour Point offers a great alternative, and a beautiful setting on the southern tip of the Oceanfront area, near Rudee Inlet. This is a gated community with views of the inlet along with boat docks for some units. Properties that are available for sale right in Harbour Point range from the upper $100,000s for a small efficiency unit with a $340 per month condo fee, all the way up to the mid to upper $300,000s for a two bedroom, two bathroom condo with a water view and boat slip - still a great value. No pets are allowed at Harbour Point. Get notified when new Virginia Beach Oceanfront Condos come up for sale by clicking here [4], and send us any question about Virginia Beach Condos and Harbour Point here [2].
The above properties are only a few of the many Virginia Beach condos offering a waterfront or near-waterfront location at an affordable price. For a complete list, visit our premier Virginia Beach listings and property search website for complete details, and search anytime on your own - BUYVB.COM [5].
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