You have always worked hard, struggling to save some cash for a rainy day. Fortunately, the darker days that you were anticipating never came and now you feel ready to invest a considerable amount of money in your own property. Naturally, you have a thing for the big city life and wish to buy the classiest home that you can afford in a vibrant, picturesque and cosmopolitan urban area. In this case, you may want to start your house hunt in the city that never sleeps and inspect some of the most attractive New York apartments for sale. We give you four great reasons why ownership is still a major source of satisfaction for all categories of New Yorkers.
1. New York Is a Hot Spot for Tourists. Recent statistics reveal that New York was visited by no less than 52 million people in 2012. You may be wondering: what does this have to do with the fact that I’m on a quest to find the best New York apartments for sale? Well, not all of these visitors can afford to stay at a hotel. Others simply seek the warmth of a fully furnished apartment. Either way, you can address the needs of both categories of tourists by turning your property into a short-term rental.
2. A New York Apartment Is a Profitable Cash Cow. If you have a primary residence that you don’t feel ready to abandon, you can always rent your place to a properly screened tenant and raise your quality of life by adding an extra source of income. A long-term lease will help you cope with monthly expenses and indulge in the little pleasures of life.
3. The Weather Is Nice Year-Round. Did you know that Central Park attracts warm, friendly sunrays 234 days a year? Summers can be humid and quite hot; but then again fun moments spent in the Hamptons are only two or three hours away. Living in an area with four seasons also means that you can hop in your car and drive for five hours to reach a skier’s paradise during winter.
4. New York Is All About Superior Education. Over 100 universities are located in and around New York. As a matter of fact, the Big Apple is a temporary home to no less than 1 million students coming from different states. Only a few of them have friends and family in this area; the rest are interested in finding New York apartments for sale or decent rentals. So you could always rent your place to a group of students to make some extra cash. At the end of the day, buying an apartment in New York is a wise decision, especially if you want to put down roots in this area.