Condominum Development Sparks National Interest

Released on = January 24, 2007, 10:19 am

Press Release Author = Katerina Brosda

Industry = Real Estate

Press Release Summary = The quick flip is no longer the preferred purchaser strategy
for most buyers in today's market. It is all about hanging on to a property so that
Florida's demographic magic has time to work its wondrous effect. With the local
economy and job growth continuing to grow rapidly, purchasers are looking for
strategies that will allow them to hang on to a property until the market is ripe.

Press Release Body = Tampa, FL - Why is one developer still achieving rapid
condominium sales velocity in the current market? They understand the absentee owner
mindset and create programs that focus not only on their value requirements, but on
their financing and management needs as well. The quick flip is no longer the
preferred purchaser strategy for most buyers in today's market. It is all about
hanging on to a property so that Florida's demographic magic has time to work its
wondrous effect. With the local economy and job growth continuing to grow rapidly,
purchasers are looking for strategies that will allow them to hang on to a property
until the market is ripe. The developers at the Allegro Palm understand that
strategy and have crafted a unique program that makes it easy for absentee owners to
get into the game today with a long range plan for success.
"We make purchasing, financing, owning and managing a property stress-free, says
Eli Cohen, managing member of Zahav Crescent Place Management and developer of
Allegro Palm. "We purchase only class "A" properties that we view as undervalued,
then we partner with the best brokers and lenders that understand our market, and
tailor unique programs for absentee owners. That's why we are seeing such
tremendous success at Allegro Palm even in a market that is generally not as strong
as it was a year and a half ago", Cohen added.
"Brokers are thrilled to be able to satisfy their clients purchasing needs while
rapid and smooth contract-to-closing processes assure that they see commissions paid
in extremely short time frames", according to Katerina Brosda of
MiamiJustListed.com, a Miami full-service and online real estate broker that
specializes in out-of-state sales. MiamiJustListed.com is the preferred online
broker of the Allegro Palm.
According to Regine Setton, VP of Marketing for Zahav Crescent Place Managers,
developer success is attributed to a focus on its "Four Win" strategy. "Before
jumping into a condominium project we analyze it not only from our own perspective
as developers, but from the perspective of end-purchasers, as well as real estate
brokers and end-lenders. We only pull the trigger on a deal once we are convinced
that it is a win for all four parties" Setton said.
"I have worked on other deals that have dragged on for months before we can get to
closing, but not at the Allegro Palm. Co-brokers and their clients have been just
delighted to work with Zahav at the Allegro Palm, Katerina Brosda of
MiamiJustListed.com said. "The developers at the Allegro Palm are extremely
efficient and move the process along at a rapid pace" she said. "They have got their
lender, appraiser, and closing processes finely tuned and I have closed several
deals within 30-days from going to contract. My clients are thrilled with the
property, ecstatic about the absentee owner program and incentives, and impressed by
the smoothness of the transaction. The developers make selling the Allegro Palm
almost as easy as selling popcorn. I can sell a dozen units and get paid for all of
them before I can close a single purchase at many other developments", she added.
"With our rapid sales velocity and an improving market I anticipate that our
incentives will be never be as attractive as they are right now, and savvy real
estate purchasers have been increasingly stepping up to the plate in recent weeks,"
Cohen added.
Allegro Palm has a variety of spacious and unique one-, two-, three- and
four-bedroom floor plans. Near all that the Tampa Bay area has to offer, yet
removed from the city, Allegro Palm's secluded location provides a serene and
peaceful way of life. Stadium seating movie theater, Internet lounge with satellite
radio, private coffee bar and multimedia center with high definition televisions,
tennis courts, lakeside trail, two resort-style pools with Wi-Fi access and
state-of-the-art fitness center are just a few of the impressive amenities at this
gated community.
Allegro Palm offers a new perspective on condominium living in Tampa Bay. This
community has one of the most reasonable square foot values in the area of any class
"A" property. As a highly amenitized community with a large central lake, newly
remodeled clubhouse and convenient location - these high-end, luxury condominiums
are creating quite a buzz among buyers and brokers alike. Allegro Palm's popularity
has prompted widespread interest since its Grand Opening. Offering easy access to
area shopping, dining and entertainment, and a short commute to area beaches, this
community is like no other
As one of the nation's fastest growing cities, Tampa offers luxury Florida living at
a price well-below comparable areas. Centrally located, with easy access to
world-class beaches, shopping, theme parks and cultural centers, Tampa is Florida's
next Miami. Real estate pricing in Tampa does not yet reflect the high demand for
such a desirable area, providing a great opportunity for those interested in coastal
living. Renowned professional sports teams, world famous amusement parks, and a
growing cultural and arts community are some of the many reasons to make the Tampa
Bay area your home.
Allegro Palm is another unique community by Zahav Crescent Partners. Zahav is a
company owned and managed by visionaries - a company that sees the true potential of
a community and responds instinctively with a combination of expertise and financial
wisdom. With imagination and commitment, their acquired communities become vibrant
places to live. Residents that have experienced the Zahav difference enjoy the high
quality and timeless style of its properties. Delivering communities of value and
long-term investment return for residents has become a Zahav benchmark.
Discover your new elegant, exclusive, extraordinary property today. For more
information, please visit www.MiamiJustListed.com.com or call Katerina Brosda at
305-788-9393.
###


Web Site = http://

Contact Details = Katerina Brosda
MiamiJustListed.com
Century 21 Oceanfront Realty
17070 Collins Avenue, Suite 261
Sunny Isles Beach , Florida 33160
305-788-9393
katerinabrosda@prodigy.net

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