Property for sale in Maryland
Investing in Baltimore, with its 620,000 inhabitants - 2,700,000 in the first hinterland, buying a property for sale in Maryland to make income, could be the best investment property you've ever done in your life.
Let's find out lots of good reasons to invest in Baltimore. For a start, Baltimore is located on the Atlantic coast, just 65 km north of the American capital Washington, which is about 45 minutes by car.
Investing in Baltimore means investing in an excellent commuter dormitory that works in different offices in the nearby cities.
House prices are very competitive and in general the cost of living is much lower in Baltimore than in Washington.
For this reason, every day, thousands of people decide to live in Baltimore and work in cities like Washington, making the rental market extremely interesting and profitable.
The competitive prices of homes both for purchase and for rentals, explain the sharp increase in the percentage of workers who choose to live in Baltimore. Baltimore is also interesting because, thanks to the many projects, it is providing an increasing number of jobs.
Another good reason to invest in Baltimore in the residential sector is the will of the mayor to enter 10,000 new families by 2020.
The Baltimore mayor supports the Baltimore population growth program with the addition of 10,000 new families by 2020.
To facilitate this initiative, Baltimore reduced property taxes and encouraged the redevelopment of older homes through its "Vacants to Value" program.
Buying a property for sale in Maryland means investing in Baltimore and also means investing in a tourist city.
The main attraction is the Baltimore Aquarium, a non-profit public aquarium located in the inner harbour area of downtown Baltimore.
The aquarium has an annual attendance of 1.5 million visitors and is the largest tourist attraction in the state of Maryland.
There are no shortage of services. Baltimore has obtained a $ 1.1 million loan for the construction of "Charm City Bike share" bicycle lanes by the state of Maryland.
In fact, over 220 km of cycle paths have been built, which are expected to expand further.
Investing in Baltimore also means focusing on the development of the city.
East-west eastbound railway line from West Baltimore County to the Hopkins Bayview Medical Medical Center on the other side of Baltimore is now being built and expanded on a 14.1-mile route.
This $ 2.2 billion project is expected to attract new Baltimore residents who now live and work in the county. Private investments in this Baltimore infrastructure are creating new jobs and more services for citizens.
Purchase property for sale in Maryland, invest in Baltimore, is a look into the future because it means investing in a city with excellent prospects for development.
There are many initiatives that not only help city residents but also increase the quality of life in the entire metropolitan area surrounding the city of Baltimore and the state of Maryland.
Maryland is a compact state, it is the fifth state by population density of the United States with a continuous growth rate.
The growth of investments within the most populated city of Maryland translates into greater development and redevelopment of an area where there are important infrastructures and public works.
The latter make Baltimora extremely interesting from the point of view of real estate investment.
For a better use of Realigro website, set your preferences for language, currency, square meters or sq ft.Set now Don't show again