New buildings in Houston
City on the map
Houston is a metropolis in the United States, located next to the Gulf of Mexico on the coastal plain.
Why is it profitable to buy an apartment in a new building of Houston?
It is a port city, through which oil and grain transportation is carried out. The petrochemical, oil refining industries are developed, it is the Center for Oceanographic Research, Development and Implementation of NASA Manned Space Flight Projects.
Parks and squares create a feeling of comfort and tranquility; at the end of the week, many central streets are closed for car traffic to make it more pleasant to walk. There are 337 parks in total.
Tourists adore this city, they are attracted by:
- sight of the city,
- convenient infrastructure,
- five thousand restaurants representing a huge number of culinary trends,
- beautiful golf courses located in the vicinity of the city.
Houston has been chosen to host the annual largest cowboy rodeo in the United States. The ethnocultural diversity of the population could not but affect the content of the events taking place. Representatives of various nationalities demonstrate their traditions and special flavor.
The climate is subtropical monsoon. The high humidity is associated with the influence of the Gulf of Mexico. On average, there is about a hundred sunny days a year, most of which fall in October and November. About one hundred and fifty days are cloudy (from December to May). In spring and summer it is humid and hot.
Most often, cars are used in the city. To improve traffic, two large transport rings have been created, and a third is under construction. Traffic jams are the main problem. Public transport - buses, trams, bicycles (rental). There are three airports in Houston and a railway station.
The development includes a large number of architectural styles, is carried out evenly, mostly of small number of storeys, with the exception of downtown with its skyscrapers. Although one building, the 64-story Williams Tower, 275 meters high, is in a residential area.
The demand for Houston real estate in the new buildings is great. Despite the fact that housing is being built actively, the demand is not fully satisfied. The most popular, according to experts, are residential complexes in Houston, which can be rented out with profit. Against the background of economic difficulties, the migration of families who move in search of a more stable life has intensified, they become tenants, since they do not make a purchase immediately (it takes time to get a loan, etc.).
The sale of apartments from developers is carried out, as a rule, on a turnkey basis. Feedback from home buyers confirms the acceptable quality. New buildings in Houston from the developers are made using modern technologies.
You can buy an apartment from a developer in Houston at a low cost by the standards of the American real estate market. The lowest price for one square meter of area in a turnkey condition (according to information from the GEOLN.COM search engine) is $800.
Conditions for purchasing an apartment in Houston from a developer by foreign citizens
The United States is a territory open to investment, including real estate. There are no restrictions on the purchase of apartments by foreigners, with the exception of cooperative housing corporations, which prefer primary homeowners who are shareholders and generally do not welcome foreign ownership, unless the buyer's assets and primary source of income are located in the United States.
Interesting places to visit in the city
- a zoo;
- the Menil collection;
- space center;
- Monument of San Jacinto;
- Museum of Natural Sciences, Fine Arts;
- park of waterfalls;
- theater district;
- Rothko chapel;
- Trinity Episcopal Church;
- a monument to the Texas Revolution;
- sculptural fountain - Williams-Waterwall;
- park of 118 Texas evergreen oak trees
and much more.
Purchasing an apartment in a new building of Houston is an investment for generating passive income (rent, resale) in a popular international city where it is pleasant to live.
Prices per sq. m. in popular districts of Houston
|Near Northwest||1600$ / m2|
|Towne Lake||1960$ / m2|