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New apartments in New York state

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Apartments in new buildings in New York

New York remains the largest metropolis in the United States, while its ethnically international population is steadily growing. Most of the residents are foreigners, so property in New York is consistently in demand. The housing stock is represented by secondary facilities and actively under construction new buildings. The most profitable format for investing in properties is apartments from the developer.

Apartments and flats at the developer's price

The price of the housing stock is directly related to its location, area, number of rooms. The cost of apartments in a new building in New York on the coast or in the Central Park area is higher than in the suburbs. The most affordable prices are in the Bronx, Brooklyn, Queens, where you can find both budget housing and premium class facilities. The most expensive real estate in Manhattan. The housing stock is united by a common and important characteristic: a flat in a new building in New York at the initial stage of construction can be bought much cheaper than in a house already ready for occupancy. Off-plan projects have other advantages as well:

  • Comfort. Modern buildings fully meet the increased quality requirements of buyers. This is not only a well-thought-out layout and finishing with high-quality materials, but also the improvement of the complex itself and the surrounding area. The project may include a recreation area on the roof, a sports hall for residents and other elements that improve the quality of life.
  • Wide selection. At the construction stage, you can stop at any of the available layouts, and not choose from the remaining ones. Besides, the buyer may prefer his own format of finishing or household appliances.
  • Quality assurance. The developer is fully responsible for the facility being put into operation and is obliged to eliminate all identified deficiencies.

Investment in apartments from a developer in New York

Regardless of the cost of the apartment in the residential complex at the time of purchase, the purchase will be a profitable investment of money. It is advisable to invest in off-plan projects not only from the position of saving money on purchase. Among the advantages can be noted:

  • Value capitalization. Real estate can be resold without waiting for commissioning. Even in this case, it will bring profit. A few years later, the cost of apartments in a new building will be even higher.
  • The possibility of obtaining income from renting out properies. The coefficient of profitability of the housing stock is consistently high.

The strategy depends on whether it is planned to receive passive income by saving capital, or to increase it in a short period of time.

Our assistance in buying real estate in New York

If you want to buy an apartment in a new building in New York, we have a catalog that contains ads from developers. Among it, you can choose an apartment in a new building for investment and permanent residence or a house in New York. An intuitively simple search system allows you to find out the price in euros and dollars in real time. Housing can be found from Manhattan to Staten Island.