New builds in Washington for Sale

City on the map

Washington is the capital of the United States of America, located on the north bank of the Potomac River, bordered by Virginia in the southwest and Maryland on all other sides.

Why is it profitable to buy an apartment in a new build for sale of Washington?

The appearance of the city can be assessed as a neoclassical style. The pretentious buildings and monumental structures, which are known from the history of Ancient Greece and Rome should emphasize a certain connection between the democratic tradition of the past and the present.

The residence of the President of the United States - the White House, government buildings and institutions are concentrated here. Congress and the Senate, the headquarters of the Pentagon, embassies of foreign countries, as well as the headquarters of the World Bank and the IMF are located here.

The economy is associated with public administration and the provision of services. A large portion of the population is federal employees. But there are industries that are not directly related to public administration: education, finance, scientific research. There are not many industrial enterprises in the city; as a rule, these are the production of consumer goods, the printing industry, and the hotel business is well developed.

A feature of the development of the main American city is the buildings with moderate number of storeys. The Capitol is the tallest, everything else, in accordance with local law, does not exceed twelve floors. As a result, the streets became more spacious than in other cities of the country.

The city has gained a reputation as a world cultural center since the opening of John F. Kennedy Center for the Performing Arts.

The city's parks occupy 2,800 hectares, the largest one is Rock Creek Park.

Washington is located in a humid subtropical climate with four distinct seasons throughout the year. Winters in Washington are relatively cool, spring and autumn are comfortable enough with little rainfall, summers are humid and hot.

The work of transport is well established - there ate metro, buses, taxis. Trains are less popular because they are considered expensive, but at the same time they are high-tech and run regularly. Modern Washington has excellent roads. Guests are offered car rental at an affordable price. The city has three airports. The main one is Dulles Airport.

Higher education in the city is provided by public and private universities and colleges.

For a long time, the city was considered a leader in the field of foreign investment in real estate, which was confirmed by experts, the best in terms of the business atmosphere and conditions for the development of the economy. It remains significant from this point of view to this day.

Real estate objects are presented here in a wide variety. The demand for housing is high, the offer does not fully satisfy it. Real estate in Washington in the new homes is popular, transactions are being made even at the construction stage. Residential complexes in Washington (condominiums, cooperative housing, townhouses) are being completed on time, using the latest technology and in compliance with building codes. Customer reviews confirm the good quality of the facilities being built. The sale of apartments from developers is carried out, as a rule, in a turnkey condition.

Buying an apartment from a developer in Washington is, in general, not cheap. The minimum price per square meter of turnkey area (in accordance with the information of the real estate search engine GEOLN.COM) is 2,620 USD.

However, investments in new homes for sale in Washington, despite the rather high cost, are profitable, given the profitability from rent and, especially, from resale.

Acquisition of apartments in Washington by foreigners

Foreigners can buy apartments from the developers in Washington without restrictions.

Highlights of the city

• The White house;
• Capitol;
• National Mall;
• Washington Monument;
• the Lincoln memorial;
• Jefferson Memorial;
• a monument to Martin Luther King;
• Ford Theater;
• Library of Congress;
• Museum of Natural History;
• Museum of American History;
• Museum of Aeronautics and Astronautics;
• Museum of American Indians;
• National Gallery of Art;
• Museum of Journalism and News;
• International Museum of Espionage;
• Washington Cathedral;
• the building of the US Supreme Court;
• The Pentagon;
• the building of the Smithsonian Institution;
• Botanical Garden.

Purchasing apartments in the new development of Washington DC is a status and extremely profitable investment in perhaps the most prestigious and wealthy city in the world.