A New Condo in Bankers Hill San Diego Gets a Score of 3.5 Stars From the Residents Living There

The Alicante condos located in Bankers Hill San Diego were completed in 2005 and the residents after living there for over a year were asked to review the building rate it in a dozen categories. The results of the survey put the Alicante condos in the middle of the rankings for the San Diego condo buildings. The Alicante condos scored five out of five stars in only one category: Views. The Alicante residents rated the building low in: its fitness center and in security.

Alicante condo residents boasted about the views, especially the unobstructed views from the higher floors. Residents also like its location. Residents there like in most buildings wish the developer had included a pool in the development plans.

The Alicante condos are 14 stories tall and located in the Bankers Hill neighborhood in San Diego just up the street from downtown. There are approximately 95 condos in the building with prices ranging from $400,000 to $1.2 million. During 2006, 24 condos were sold in the building with an average sold costs per square foot of $591. At August 2007 there were eleven condos for sale with an average asking price per square foot of $587. Amenities include a fitness center, entertainment room with BBQ on the back patio and nice open lobby with a seating area. During the first calendar year the building was open the turnover rate of units was about 25% due to investors quickly selling their units. This turnover rate is expected to decrease throughout 2007. If your thinking of buying in Alicante, make sure your OK with walking a good distance to most places such as a grocery store etc.

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