The
investments are made to different industries. Some people tend to invest into
the larger companies becoming stock holders, the others invest in precious
metal and stones. Somepeople purchase art works and antique items. Investment into the real estate is the zero-risk
enterprise since the cost for property gradually increases around the world in
larger or smaller rises. US elite real
estate in is one of the most attractive objects for investment for today.
Investors
who long to invest assets in the elite real estate are recommended that they
draw their attention to several US
regions. The investment appeal to the US real estate is stipulated first
with traditional stable economical and political situation in the country, the
status of the dream country and developed tax legislation that ensures considerable
investment capital from abroad.
There are
several huge zone of elite real estate in USA. The villas and mansions in
Florida, the sunniest state of the country, elite apartments in New York and
Los Angeles, office and corporate premises in any megalopolises, mainly in
Washington and New York are the examples of elite real estate.
Florida is the major resort zone in USA. The most expensive property is
located in the sea coast of the state and Florida is the residence for many
celebrities, politicians and show-biz stars. Prices for property that go beyond
the clouds in Florida
are stipulated with, first of all, the unique climate, developed infrastructure
and general luxury status of the region. Florida
is leading for the pricing growth rate for the real estate and specialists
predict this tendency will continue in the nearest ten years. The average cost of
the worthy elite mansion not far away from the coastline ranges from $900 thousand
to $1.5 million USD. This fortune is enough to acquire 400 square meters of the
dwelling premise and several acres of the adjoining land with the associated
structures as garages, terraces and even aviation hangars.
Elite real estate
in megalopolises is always the favorite object to invest. In spite of
the
higher cost for the square meter of such dwelling, elite property in the
center
of New York or Los Angeles is highly demanded, though. The stability
is explained with the status of the said real estate and high level of
servicing
and comfort. As a rule, putting such premises to rent allowsquickly
compensate expenditures
for the purchase.
The elite housing premise in these cities isavailable, on average, for
$600 -700 thousand US dollars and higher. There are several bedrooms,
two bathrooms, at least,
and the useful area of 130-170 square meters in such premises.
The situation
is similar with the elite commercial property in American megalopolises. The highest
level of prestigious central regions, improved transport and business
infrastructure, proximity to the most essential business objects make the capital
investment in elite business real estate sure investment approach without risk.
The tendencies
of price growing for US elite property reassure, in general. In spite of the financial
crisis noted in schedules of immovable property cost, somewhat suspended grow
rate of prices, the positive changes in all segments of elite real estate are
noted. Prices for dwelling premises in Florida
go high 10-12 % per year, while apartments and mansions do not show such a stick-slip
nature. The price for latter increases 4-7% every year.
Moreover, leasing
of real estate is also good source of income. As specialists declare, when the
correct and adequate contract is concluded between the parties, there is the
possibility to fully cover the expenses done for purchase of real estate within
15-18 years when the pure income for the yearly rent is about 7% of the
property cost.
Real estate
in USA
attracts attention of purchasers with the exclusive investment capacities and
reasonable requirements to potential clients. There are no limitations similar to
prohibition to purchase the real estate by foreigners in several European
countries. On the contrary, the US
government does all possible to attract foreign investment.
There should
be no problems with execution of real estate crediting, providing the borrower meets
all the requirements of banking institution with available positive credit
history. Banks in America
offer to clients two basic approaches of housing crediting, the straight money
advance and mortgage credit. Every single approach has pros and cons, and specialists
mention the greatest attractiveness of the mortgage. In case of financial insolvency
of the debtor the acquired real estate will be put to auction with the market
estimate which will considerably grow from the date of purchase.
Besides,
the US
legislation does not require the special obligatory presence of the purchaser
during the real estate purchase process. This provision allows transferring the
power of attorney to execute in favor of the investor to third party, whether
the brokerage agent, which is to solve all legal issues under the power of
attorney. As a result, the property owner has to find the worthy manager of the
property.
Investment in
elite real estate is absolutely the most profitable way to store and increase the
capital. The negative features of such investment is extremely higher level of
initial expenditures, though overcome with all other positive aspects of
capital investment.
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