Tampa, FL, is known for its sunny skies, beautiful beaches, and delicious dining. Visitors worldwide vacation in Tampa to see how the other half lives. The booming job market, excellent school systems, and luxury reality makes Tampa the “it” place for new residences. Luxury villas in Tampa, such as those at The Ritz-Carlton Residences Tampa, are selling fast. The contemporary design is for those with aesthetically refined taste in architecture.
Condos vs. Villas
Many people are confused about how condos and villas in Tampa differ. While both are properties that are individually owned, condos offer common facilities, including gyms, tennis courts, spas, and swimming pools that are shared between residences. Generally, villas are much larger than condominiums. However, villas require more upkeep. Villa owners are responsible for the upkeep and maintenance of their properties.
Investment
The high demand for luxury villas in Tampa continues to escalate. In 2022, the average cost of a house in Tampa is approximately 430 thousand dollars, which is an increase of over 22 percent from the previous year. The continued upwards trend in the market has caught the attention of investors worldwide. When you buy a luxury villa in Tampa, you are making a safe investment.
Floor Plans
The best contemporary villas are designed to harness Florida’s sun. They are built with tall-standing windows that allow the exterior and interior to work seamlessly together. When you buy a luxury villa, you are nearly guaranteed it will have breathtaking views over the city of Tampa.