New buildings in Manchester
City on the map
Manchester is a city in Great Britain, located on the western slope of the Pennine Mountains, on the Arwell River.
Why is it profitable to buy an apartment in a new building of Manchester?
Manchester entered a group of cities believed to have played a critical role in the British Industrial Revolution. And today the city maintains the status of an industrial center. The enterprises of industries such as mechanical engineering, textile, chemical, light, paper production are located here as well. In addition, the city has a developed sphere of finance and trade.
The architecture is in a harmonious combination: there are industrial buildings, historical objects and modern skyscrapers. The peculiarity of the city is that it provides a comfortable shelter for both party-goers looking for fun and communication, and introverts who want a calm outlook.
The city has well-known universities that adequately represent the country's education. The most authoritative of them is the University of Manchester with a rich scientific heritage: 25 Nobel Prize winners are from among its former students and employees! The city is also home to the City University of Manchester - the largest one in the United Kingdom in terms of area occupied and one of the most popular among applicants in the country.
The transport system is represented by the fourth busiest international airport in Great Britain; in 1830, the world's first Liverpool-Manchester railway was launched. Shuttle buses run in the city, and there is a tram and light rail system.
In Manchester, summers are comfortable and cloudy in some places; winters are long, cold and windy.
Investing in real estate in the new buildings of Manchester is a current trend in this area. What convinces you to make a positive decision when it comes to investing in residential complexes in Manchester? The fact is that more and more young people are moving from the south of the country, creating a high demand for housing in new buildings, which, in turn, stimulates the investment market. Investors are looking for investment options and are counting on a consistently high rental income. This process is more visible here than in other large cities such as Birmingham or Nottingham.
The sale of apartments from developers is often carried out at the stage of construction. This type of investment is a common occurrence in the UK real estate market; it makes it possible to invest and earn efficiently and profitably. Buying an apartment from a developer in Manchester in a residential complex means getting a quality guarantee from the National Housing Commission. Apartments in Manchester fro the developers are easier to maintain, since they are in excellent condition so such housing can be profitably rented or resold.
The minimum price per square meter of an apartment in a new building from the developer, handed over in a turnkey condition (according to the information of the GEOLN.COM search engine) is 5,630$.
Acquisition of an apartment by foreign citizens
There are no restrictions on the purchase of real estate for non-residents in the UK. Foreigners can purchase apartments in Manchester without restrictions.
Where to go and what to see in Manchester
- Opera theatre;
- Palace Theater;
- Theater of the Royal Exchange;
- central Library;
- art Gallery;
- Lowry concert complex;
- Museum of Science and Industry;
- People's Museum of History;
- Etihad stadium;
- Manchester Arena;
- Old Trafford Stadium;
- Baths of Victoria;
- Fletcher Moss Botanical Garden;
- Heaton Park;
- the town hall;
- Casfield area;
- Albert Square.
Purchasing an apartment in one of the new buildings of Manchester is a fashionable and profitable trend in investment and a pragmatic purchase for life in a developing city with rich traditions, successes in the educational sphere and a confident position in the economy.