If you are trying to find the best NY luxury condos to use as investment properties or a source of additional income, there are many things you will need to keep in mind. Here at Naftali Group, we have years of experience working with investment properties in New York and can help you every step of the way! Here are some of our top tips to make your search easier:
Consider the Location
Make sure the property you are considering is in a good location. Look at schools, businesses, venues, amenities, transportation access, and other key things that will make your property more appealing and therefore worth more to potential buyers.
Remember to be Exclusive
One of the biggest appeals to luxury properties such as condos and apartments is that they are exclusive and hard to come by. If everyone could get one they would lose some of their value and worth, so make sure you don’t kill this appeal by making it too open to all.
Offer Good Amenities
Providing free Wi-Fi is not enough anymore – it is basically expected these days- so be sure you are offering amenities people want and need. Consider things like gyms, laundry facilities, conference rooms, libraries, concierge services, transportation assistance, and the like.
Start with a Good Investment
Wherever you choose, be sure you have the financial backing needed to do justice to the property and those you involve in the process. Remember that failure does not just impact you but everyone else involved with the property.
If you have questions about investment properties or need more information about finding NY luxury condos you can invest in, then you have come to the right place! Give us a call today and let us help you every step of the way! For more information visit Naftali Group.