Buying an apartment as an investment is an excellent idea, since properties tend to increase in value over time. Whether you are going to buy an apartment in New York, as a home or as an investment, real estate experts from Ebbets Field Apartments point out that it is important to have in mind some key factors when choosing an apartment. These key factors are shared below:
Location of the property
The location of the property is essential. It is not enough that the property is in the best neighborhoods of New York. There must be security, access to commercial areas and services, green areas, as well as good connection to transportation services.
Ebbets Field Apartments experts suggest getting as much information about the neighborhood and the future projects of development in that area.
The housing complex Ebbets Field Apartments is located in a neighborhood, near to the Brooklyn Botanical Garden and Prospect Park. The housing complex sits on the former baseball stadium of Brooklyn Dodgers.
Zoning of the property
Zoning refers to municipal or local laws or regulations that determines how the property can and cannot be used in certain geographic areas. The zoning laws dictate if the property can be used for housing, commercial or office use.
Property benefactions
Ebbets Field Apartments experts explain that the benefactions are the "accessory" elements that are placed on the apartment to make it more attractive and useful and that are not part of its original conception, such as cabinets, floors, bathrooms, bars, etc.
Take advantage of the circumstances to buy an apartment
It was said that that the best investments appear during the crisis. Ebbets Field Apartments experts suggest taking an advantage of the coronavirus situation to buy an apartment in areas of low population density. You will see how in a short time your real estate investment will increase exponentially.
Now, having these tips from Ebbets Field Apartments experts in mind, you can start your search. You can see more information about this housing complex on Apartment Home Living.