San Antonio, TX, is full of rich history and vibrant culture. It is also currently full of people looking to buy a condo. Property values are going up, and developers are working hard to meet with demand.
What this means for you as a buyer is that there's probably plenty of opportunity — both in completed units and presales — to find a condo for around $500,000 in the city. However, if you find something you like, it could be a good idea to act quickly.
Basically, there are two types of premium condo properties in San Antonio: rehabbed vintage lofts and modern skyscrapers. Each caters to a completely different style of living, but they're both at the high end. Here's a brief overview of what half a million could buy in this historic Texas city.
An Urban Loft Experience
Some of the bigger units in the high-end loft market may be a little out of the $500,000 range, but the added style and hip locations could be worth the extra investment. St. Benedict Lofts in Southtown is a must-see property, where some stunning units sometimes come up around the price point. The South End Lofts could also be an option, with many unique units and true urban loft-style living.
A Luxurious Downtown Home
Many of San Antonio's best condos are in full-amenity hotel buildings. Alteza above the Hyatt and the upcoming Arts Condos over the Thompson Hotel are both great examples. Both have access to too many amenities to list here, and they're both centrally located downtown.
San Antonio has a lot to offer, from new development to a vibrant nightlife scene that's been around for years. Even if none of the properties here have any availability while you're looking, it's likely that you will find something comparable that fits your budget and your purchase time frame. Check out the list of condos in the city for a better idea of the up-to-the-minute market.