For the luxury buyer seeking the best opportunities on Atlanta Condos or Luxury Vacation Residences for sale,your wait is over! Sovereign Condos have recently reduced the price on their premiere luxury condominium homes. They are now starting at $799,000, a reduced price tag from the previous $1 million dollar plus starting price. Buckhead Atlanta is a location where one would find the highest priced real estate. The area is surrounded by luxury hotels and mansions, with the Sovereign Luxury Condos being one of the most attractive price reductions of the start of the 2011 year.
Driving down GA State Highway 400 in Atlanta, the Sovereign towers above the rest, and is in plain sight for all to see. Its unique design, interior and exterior, is done with an artistic brilliance that catches the eye and makes a bold statement. With its very own Members Only Buckhead Club and Niko Bistro French Restaurant for first class dining, you are in for quite a treat. The spectacular new price for one of the most well-known and respected residences in Atlanta is sure to be hot on the market. Oddly enough, prior to the price reductions,the Sovereign sales had gained momentum, which make the new pricings even more attractive to the luxury buyer.
These price drops are likely due to the recent dealings of Regent Partners, the developers of the Sovereign high rise and commercial properties. While Regent Partners still maintain their high rise residences at Sovereign, they have recently sold their commercial property at 3344 Peachtree Road to Park Properties, Inc., who focuses on operating, leasing, acquiring, and owning office properties. This transaction is said to have occurred for the price tag of $167.3 million. The purchase includes 484,000 square feet of office space and retail space, as well as the adjacent 11-story parking building.
The best deals on luxury properties in Atlanta are typically silently marketed and sometimes sold before ever hitting the MultipleListing Service. Most affluent buyers have little time to browse the Internet in search for a new home. Contact Raquel Twine today at (404) 748-1898 for information on the latest luxury deals on Atlanta Condos and Luxury Homes, or visit our website at www.AtlantaLuxuryHomesAndCondos.com and sign up for our instant email notification of Luxury Condos and Luxury Home Communities that are anticipating future price reductions.