The Palms condos in Orange Beach, Alabama are closely situated to the beautiful Gulf of Mexico. The Palms was opened in 1997 and has since become a favorite to vacationing families who choose Orange Beach as their Summer getaway. The Palms condos have lit tennis courts, an indoor heated pool, gulf front pool, a well-equipped exercise room, sauna and a hot tub. The Palms is located in the Eastern half of Orange Beach near the Publix shopping center and also walking distance to many of Orange Beach’s attractions. In the Spring, Summer and Fall, the Palms has beach chairs and umbrellas for rent for a relaxing day in the shade on Alabama’s white sand beaches.
If you are considering purchasing a condo in the Palms of Orange Beach, you may be interested in rental information to help with financial decisions. Please view our contact us page for info on emailing or calling us to discuss this and other Orange Beach condo information. And for different buildings, visit other Orange Beach AL condos for sale
Pre Construction Condo Development
Pre construction is the opportunity to join a fellow group of investors who partner with a developer and finance the construction of a new or “proposed” condominium. Typically 20% of the total cost of construction is required by the lender to fund the loan. Once the developer secures the loan, construction usually takes between 2 and 2.5 years. The benefit for the investor / buyer is the price is locked in and the condo will appreciate while it’s built. An investor option is selling or assigning the contract prior to closing and when the end user closes, the assignor receives their proceeds. For more info on the process and to sign up for notifications, visit Gulf Coast condo pre-construction.