Living in gated communities: Is it worth investing in a home?
Private neighborhoods are one of the most elite residential modalities. Normally, with this definition we refer to residential areas and new construction developments , located a few kilometers from large cities, aimed at buyers with high purchasing power and with unique characteristics.
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These types of neighborhoods have many advantages, but also some disadvantages. Therefore, if you are thinking of buying a house and you are considering this option, it is convenient that you value the pros and cons of your investment.
Main characteristics of a private neighborhood
Generally speaking, a private neighborhood functions as a «mini-city» away from the urban bustle and offering all kinds of services and amenities to its residents.
Almost all have specific rules of coexistence that affect day-to-day issues such as the management and use of common areas or the traffic of vehicles on their streets.
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Among the characteristics of these private neighborhoods, we highlight:
Why live in a private neighborhood? Advantages and disadvantages
The demand for housing in private neighborhoods is increasingly high, especially in large cities. The reasons are, fundamentally, two: on the one hand, the need to find isolated places in which the security and privacy of its inhabitants is guaranteed to the maximum ; on the other, we are increasingly looking for more spacious homes, away from the bustle and that offer us green areas .
Some of the advantages of living in a private neighborhood are:
Regarding the inconveniences of living in a private neighborhood, we highlight two:
What should you assess before investing in a private neighborhood?
If you are thinking of buying a home in a private neighborhood, you should consider these issues before buying or renting a home :
Some of the most exclusive private neighborhoods in our country
Although this formula is not yet widespread, some private neighborhoods are very famous and are located in some of the most emblematic residential areas of our country.
We are talking, for example, of La Moraleja, a leading private neighborhood in Spain. Built in the north of Madrid in the second half of the 20th century, it has maintained its exclusive and elitist character for decades . In 2016 the neighborhood had 1,050 isolated single-family homes and around 400 semi-detached houses.
Another very exclusive private neighborhood and also located near the capital is La Finca , in Pozuelo de Alarcón . The soils of this private neighborhood were re-qualified first for sports use and later for residential use. In addition to its extreme security and privacy , one of the peculiarities of this urbanization is its architectural unity , since most of the houses have been designed by the same architect.
La Zagaleta, near Marbella , is another example of a private neighborhood. In this case, the initial idea was to build 420 homes in full harmony with nature, on the slopes of the Ronda mountains. Currently, La Zagaleta has become one of the best resorts in Europe : it has luxury villas for purchase and rent, and with services such as a golf course and equestrian school, as well as impressive views of the Mediterranean.
Thinking of buying a house? Are you looking for a home in a private neighborhood that offers you all the services, security and privacy? Contact Deplace . We are professionals in the real estate sector and we offer our services throughout Spain. We look forward to your call.