Off-plan property for sale in New York
New York attracts foreigners from all over the world. More than 70% of the population of the world's largest metropolis are expats. This makes property in New York in demand. Since the pricing policy of the city's housing market does not relate to the budget, the most profitable investment remains real estate from the developer at the construction stage. Although it does not allow you to use the living space immediately after the transaction, it opens up opportunities for profitable investments.
Off-plan property in New York
Developers in New York give the opportunity to buy property off-plan in a New York building at the lowest possible price. By the time the house is put into operation, the cost of apartments in it will be several tens of percent higher. This allows you to earn income without any effort on the part of the owner. It remains to decide on the most convenient strategy for yourself: you can sell apartments in the ready-to-move stage or rent an apartment.
Housing investments from a developer in the city have the following advantages:
- favorable prices;
- convenient payment scheme that does not require depositing the entire amount at once;
- capitalization of value that occurs regardless of the market situation;
- savings, since the closer the house is to delivery, the higher the prices;
- wide range of layouts.
There is always a demand for apartments in the city, regardless of whether housing is purchased in prestigious Manhattan or suburban Staten Island.
Real estate prices in off-plan property
The cost of properties in residence complexes in the city is associated with several points:
- Properties in close proximity to Central Park and in the center of Manhattan are more expensive than in areas such as the Bronx, Brooklyn, Queens. If the areas in the center of the metropolis are limited, which affects the choice, then Brooklyn and the Bronx, which are actively being built up, open up wide opportunities for buyers.
- Spacious property has a higher cost compared to compact. It is also more expensive to implement off-plan projects in New York, providing additional comfort for residents. Buyers may be interested in the presence of a barbecue area on the roof, a common terrace for relaxation, the presence of a gym.
- Proximity to the beach line or major attractions. The cost of housing in a new building under construction on the first line is higher than that of a complex on the outskirts of districts.
The metropolis acts as a kind of symbol of the United States, demonstrating a tolerant attitude towards different cultures. Therefore, foreigners have no difficulties with adaptation when moving to permanent residence. There are many national communities from different countries of the world in the city. Developed infrastructure, high quality of life, many attractions attract expats. Residence complexes in the city are adjacent to such iconic places as follows:
- Statue of Liberty;
- observation decks of Empire State Building;
- Central Park with its numerous recreation areas, zoo and playgrounds;
- world shopping mall – 5th Avenue Street;
These are just a few positions in the top of interesting places in the city, for this sake it is worth buying an apartment in New York. The annual and incessant flow of tourists will not let the property stand idle.
Our assistance in buying real estate in New York
The website presents new off-plan projects in New York, as well as apartments in ready-made residence complexes. Specialists are ready to provide qualified assistance in choosing. All ads contain up-to-date information. You can get acquainted with the offers in real time.