Incentives for new condo buyers are increasing in many real estate markets. Everything from price cuts, free merchanidise such as cars and appliances to a year’s free tuition are offered by anxious developers looking to get condo residences under contract and sold. In some markets, tax abatements are offered to new buyers. And then, of course, there is the $8000 tax credit incentive from the Federal government.

In Philadelphia, tax abatements are a popular incentive. The abatements offer lower taxes on new or renovated buildings. While there are proposals to change the tax abatement structure, it looks like properties that now have the abatement would not be affected.

10 years of tax abatement is a powerful reason to consider a Philadelphia condo, especially one that is newly constructed or renovated. Here are some Philadelphia condos that are particularly good values right now:

2200 Arch Street
511 Condominium Residences
North 28
National at Old City
Lofts at Logan View
Memphis Flats
The Pearl
Victory Condominiums

Find out why Condodomain is different from other real estate brokers

Located in the heart of Chinatown The Pearl is a new condo development that features modern construction to create a truly unique living experience. Large windows allow tons of natural light to stream into units with large 9 – 11’ ceilings, while slate tile can be found throughout.

Tour The Pearl Today

Welcome to the new Pearl of Chinatown, Pearl Condominiums. Pearl Condominiums are contemporary residences with convenient nearby shopping and restaurants, some located with the Pearl Condominium building. Pearl Condominiums flows with the local Philadelphia community and enhances it while maintaining and embracing the culture that created the Pearl Condominiums. Articulated, distinctive metal framework enveloped in shimmering glass, the Pearl Condominiums compliments the surrounding area and reflects your distinctive taste and style. The Pearl Condominiums are set to be a new complex designed around maximum living comfort and space, giving you the power of living the way you see fit, at the Pearl Condominiums. Located in the heart of Chinatown this new development features modern construction to create a truly unique living experience. Large windows allow tons of natural light to stream into units with large 9 – 11’ ceilings, while slate tile can be found throughout.

Tour The Pearl Today