Mountain View Apartments
57Renting vs Buying luxury real estate
The luxury apartment market continues to be volatile, and to decline in value, and there is an increasing argument in favor of renting rather than buying. Most pundits agree that it is a renters market currently. As an example – Avalon Towers on the Peninsula, CA offers mountain view apartments with everything one could desire from an apartment complex.
A state of the art fitness centre; outdoor pool with sundeck; concierge service; a fully equipped business center with multiple phone lines; covered parking or garages, the list just goes on. The apartments themselves are fitted out in the latest luxury with genuine granite counter tops, ceramic bathroom floors, real Maple wood cabinetry; central air-con, fully equipped gourmet kitchens and stunning mountain views.
The building is pre-wired for Advanced Telecom, Satellite and cable TV
and high speed Internet. According the developers, ‘we've created a
selection of amenities so integrated into our community that we
consider them to be "Essential Luxuries."’
Just a year ago, this
type of apartment complex would have cost a small fortune to rent, but
current prices start from less than $2,000 a month. Avalon is within
walking distance of almost everything one could need. Walkscore.com
gives Avalon a 74/100 score “very walkable,” and there are coffee
shops, grocery stores, (including a whole foods market) and restaurants
within a short walk. Convenience and desirability in one building makes
this an attractive proposition in a volatile real estate market. My own
thinking is that sales prices still have a way to fall and I would be
unwilling to commit to buying an apartment at the moment. Avalon
provides a secure alternative.
Avalon Towers on the peninsula
is situated at 2400 West El Camino Real Mountain View, CA 9404, within
easy reach of highways 101, 85 and 280.
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Comments
Too bad. Where do you live?
nice hub mark, im in your fan club i was wondering whats the best way to get people in my fan club any ideas?
seems a great place to live, and all amenities within walking distance, that's the way to go lol
@rastrother - Write interesting hubs and make comments on others :)
@HD - Oh yes. I am a big fan of walking to where you need to go. :)
California----the place I love to escape to...Nice apartments and high priced no doubt...Has the economic down turn hit there?
Hi Nancy - I would say so yes. These apartments are priced considerably lower than they would have been a few years ago. I would not buy at the moment, I would rent.
I wish I could live there too, a dreaming world to me. Welcome cisit back Mark.














TheBirdman says:
5 months ago
i wish i could live there, but no green card!