Why is West Village & Chelsea Real Estate extremely popular!

By Patrick Loney


One of the most popular areas of real estate in New York City, Chelsea real estate, Chelsea homes, West Village real estate, West Village homes are some of the most sought after investment options in the world today.

Perfectly bohemian in its outlook, almost the entirety of the area of the West Village in New York City is a student's paradise, a trait which gives the region its distinctive aura and also makes it one of the prime locations from the point of view of the investor in real estate. The market for real estate in West Village can be said to stretch between the prominent Houston Street till the borders of the 14th Avenue. What makes this area one of the leading points of real estate in the entirety of New York City is of course the region's fabulous location. Stretching in a parallel pattern to most of the subway routes, which constitute the heartbeat of the commute in New York City, West Village or Chelsea, is also made more popular by its proximity to the esteemed Columbia University.

Real estate in the region of Chelsea is of course of two predominant kinds. The most important of these are the various residential apartments that are often bought by investors at a very low cost and then sold off at high returns after preliminary renovations. The leading kinds of apartments in this category are the lofts, which are the most popular options for students as well as young families. The residential properties of this area are also made famous by luxury condos, which are often huge sprawling spaces, complete with furniture. Flanked by the picturesque Hudson River, these apartments are often, some of the most desirable addresses in the vicinity.

The other aspect of real estate in the region is the commercial properties which have a great demand amongst the masses. Whether a financier wishes to invest on one of the charming open aired bistros or whether the choice of investment is one of the popular junk jewelry shops of the area, the investor can be guaranteed of profitable returns in the minimum time possible! The properties here are generally categorized into two kinds; those which are available on a direct purchase in accordance with the property laws of New York State and those which are available on fixed term leases or rental arrangements. For non-US citizens, the fixes term leases offer a better and more profitable option of investment and are often a more popular choice amongst foreigners.

In New York City, Chelsea real estate, Chelsea homes, West Village real estate, West Village homes are often seen to be an investment which has a market throughout the year amongst people of diverse backgrounds, which of course, makes this one of the safest options of investment in the United States of America.




About the Author:





No comments:

Post a Comment