Anyone reading the Atlanta Journal-Constitution this morning will see pictures of Sovereign gracing the front page. The exquisite luxury high-rise development in Buckhead is once again making headlines, and this time it is the front page of the AJC – that’s a pretty big deal. So, what is happening at Sovereign that is important enough to be the cover story? Nothing…
Seriously the answer is nothing – no lowering prices, no incentives, no crazy gimmicks to attract buyers. This is newsworthy because Sovereign is just about the only development in and around the city that is not cutting prices, especially in the luxury penthouse market. Atlanta seems to have a surplus of $1 million+ homes available to buyers, so builders and developers have no choice but to reduce pricing to try to entice buyers. However, Sovereign has yet to reduce the price of their luxury Buckhead condos, and they are still selling!
It’s clear to see that Sovereign has something different to offer than other luxury Atlanta developments. The impeccable location, sophisticated amenities and spacious floorplans are all fantastic, but it really is the details that help set Sovereign apart. For example, residences begin on the 26th story, so, despite being located directly off of Peachtree Street in Buckhead, one of Atlanta’s most busy and buzzing neighborhoods, you feel completely separate from the rest of the world in your quiet penthouse.
To get a better understanding of the luxury Atlanta condo market, be sure to read the Atlanta Journal-Constitution article in its entirety.