Wanna Buy Condos in San Diego Downtown? Ask yourself Some Questions First.

Are you intending to buy a condo in San Diego Downtown? Well, that will be a great investment since San Diego Downtown condos are most renowned for the variety of people, culture and lifestyle of people settle in to this waterfront urban city. Each condo complex, from East Village to Cortez, from Columbia to Gaslamp Quarter, is different from others in many respects. So if you want to make a wise choice among them, it is advisable to ask yourself a few questions first.

What are the best condos and the best neighborhoods in downtown San Diego?
Condo buildings like Electra, Metropolitan, Park Laurel and Pinnacle are among the top choices if you mean the highest quality by best. As to the best neighborhood, you need to make sure what you want most, view, tranquility or entertainment in the vicinity. For prime views, you can compare Columbia and Marina neighborhoods and for tranquility, Cortez and Bankers Hill neighborhoods are for your option.

What is the average price of San Diego Downtown condos?
The average price was $547 per square feet according to the data of 2010. But this figure is subject to changes.

Is foreclosure condo available?
Of course, about 20% of saleable San Diego condos are foreclosed ones which are sold at much cheaper prices.

How much discount will be granted to shoppers of San Diego Downtown condos?
The figure is, on average, 4.5%-5% off the last asking prices. Keep this in mind when purchasing in San Diego.

What is the HOA fee in downtown area?
It depends. For low rise buildings, it will be about $400 per month. But in a high rise building with on site staff, the fee will be much higher, or even double at $800 per month.