Luxury Condo Auction Draws Interest in California

Despite the recession and financially hard times, some folks are heading over to Newport Beach, California to check out The prospect of buying a home by auction for a fraction of its previously selling price.

As the builder closeout auction of the last remaining units at Brava, a Palm Desert gated community quickly draws to a close; excited buyers scramble to visit the properties, secure financing and develop their strategy to ensure a successful bid.

Since its mid-December launch by the LFC Group of Companies, a leading online real estate auction firm, the Brava condo auction on the Freedom Realty Exchange(R) website www.FRE.com has steadily seen over 200 people a week visiting the community.

This magnitude of the response is amazing in good economic times, but is nearly unheard of in this current housing climate. Vincent Barbato, one of the Principals of Brava's home builder, Family Development, notes with amazement: "Even back when we first put Brava on the market we didn't see this kind of a turnout. Having hundreds of people each week is an incredible feat, something that's really creating a buzz. People just can't believe that at a time like this we are getting so many interested visitors."

Brava is a luxury gated community featuring unique architectural design, inspired by the charming, rustic villages of Tuscany. With an ideal location at the prominent crossroads of Country Club Drive and Monterey Ave., Brava lives up to the area's impressive standards by offering numerous amenities, all of which encourage a healthy, active life for residents. Two pools, a clubhouse, a fitness center, "Toscana" paver streets, and immaculate landscaping all afford residents the opportunity to live a truly Southern California, country club lifestyle without the exorbitant association costs that most Palm Desert communities demand.

The 17 condominiums ranging in size from +/-1,865 to +/-2,200 square feet, feature gourmet kitchens equipped with stainless steel appliances, a cooking island, and full pantry, spacious living areas, and 2-3 bedrooms.

Situated in the center of the Coachella Valley, Brava is close to countless golf courses and resorts, as well as impressive mountains and lakes, local restaurants, shopping centers, and cultural centers.

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Aaron Spelling's Widow Transferring to $47 Million Condominium

For millionaires and celebrities who have been used to the living large syndrome, you would be surprised at how they could adjust towards the cramped living of condominiums if they had to. In fact, some people who have been living in big homes with their families are known to have a difficult time to live on their own in apartments and condominiums so you have to wonder how big names could possibly fit in to the modern shoebox homes these days called condominiums.

But for Candy Spelling, the widow of television producer Aaron Spelling of Charlie’s Angels fame, she has declared that she is ready to give up living her manor for a $47 million condo. Whoa! If that is the price for the condo, you have to wonder what would be included in that eh? Also, how much could The Manor be worth right now?

For some people, it goes way beyond living filthy rich. Companionship is one issue. If you are a widow and living in a big house, who could be there to hear you or you could talk to?

This is perhaps one reason for her decided shift. It is great to live in large homes but with no one to share it with, it is totally worthless.

“People say, How can you move from The Manor? There’s no place like it,” Mrs. Spelling said, sitting in the library with leatherbound scripts of every episode of Mr. Spelling’s shows, from “Charlie’s Angels” to “7th Heaven.”

But a condo, she said, “is no different than a house, maybe even better.”

Mrs. Spelling is the most conspicuous buyer in an ultraluxury condo market that is new in the sprawl of Los Angeles, where wealth and fame have usually spelled out “estate,” not apartment living. But real estate experts say a New York-style luxury high-rise lifestyle is creeping into the wealthiest echelons, fed by trends like people looking to own more than one home, foreigners drawn by the weak dollar to invest in Los Angeles, and new residential buildings being designed by celebrity architects like Robert A. M. Stern, Richard Meier and Jean Nouvel.

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Future Condo Designs From James Bond

Each time we see a James Bond movie, there is something bound to astound us as far as gadgets and places are concerned. Being an action flick, we do not normally see a home where 007 would stay in. But the funny thing is that at some point of the film, especially the love scenes with his leading ladies, we see futuristic room designs that can really push a person to think of his pad.

Check out these photos from Pierre Cardin’s place which is sure to bring you back memory lane. These designs are certainly familiar “The Spy Who Loved Me” which had Roger Moore playing James Bond. A great concept for studio owners who want to design their pad in style.




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The ADDRESS at Wack Wack Mandaluyong, Philippines

Here is a good investment opportunity for people who are looking for luxury and style as far as Condominium living with class is concerned. The ADDRESS at Wack Wack is strategically located in 30 storey condominium building in Mandaluyong City, Philippines which is easily accessible to business centers, schools and shopping malls. Easy access towards transportation and main roads is also an added luxury and living with the high-end condominiums as well puts you in good company.

They have standard units available in:

• 1 Bedroom Executive (58 SQ.M.)


• 2 Bedroom (76 SQ.M.)


• 3 Bedroom (114 SQ.M.)

Parking allocation:
ALL UNITS COME ALREADY WITH PARKING SLOTS, 1 slot for 1 bedroom, 2 slots for 2 bedroom, 3 slots for 3 bedroom, Penthuse units all have 3 slots)

Just check out the features of the ADDRESS:

• Double height Manhattan inspired grand lobby
• Concierge services
• Infinity pool on the top most floor
• Multi-purpose Social hall
• Fully equipped gym and fitness center
• Units fully finished with upscale materials
• 2.5m wide corridors
• 3 High speed elevators
• Sufficient Back up power
• 3.0-3.2 m floor to ceiling height
• All units with appurtenant parking slots
• Fire alarm and smoke sensitive sprinkler system
• Provisions for phone and cable connections
• Special garden and penthouse units available
• 8-15 units only per floor, low density development
• Scenic views of Wack Wack Golf and Makati, Ortigas skyline

For inquiries you may email me at byalung@gmail.com with your complete name, address and contact numbers. We can also schedule site visits at your convenience.