The luxury real estate market is very dynamic. Pricing factors include exclusivity, history, location, performance, design, and much more. Forbes analyzes the differences in property prices between individual cities in the United States and draws attention to what home you can buy for the sum of $ 1 million.
Let's start with a comparison between Los Angeles and San Francisco - it turns out that this amount would provide you with a bigger property in the City of Angels. For $ 1,000,099, you can get a home of 3600 square meters in Burben Hills. The patio and sumptuous views are included in the price.
In San Francisco, where prices have risen by 22% in one year, reaching $ 618 per square meter, $ 1 million would provide you with a 1600-square-foot home. The average property price in San Francisco is 1, 36 million dollars.
Better real estate investors are Washington and Chicago, where you can get a double bigger property for the same amount. According to Realtor.com, half of the homes available at Washington DC cost more than 4300 sq. meters and has an average of 4.6 bedrooms and 4.6 bathrooms.
Analysts have identified the luxury property market in Atlanta as "balanced." The average selling price of a single-family house there is $ 950,000.
Boston continues to be a hot spot in the luxury home market. The fast-growing Seaport area does not offer many opportunities at a cost of up to $ 1 million. Customers who are willing to exceed this budget can get a luxury apartment of 946 square meters for 1.25 million dollars.
Analysts report a "softening" of the property market in Manhattan. At present, a $ 1 million budget would provide you with more housing than two years ago. Prices in Manhattan's prestigious areas are about $ 2,000 per square meter, and one million would go for a two-bedroom apartment.
The real estate market in Seattle "blooms" after the expansion of Amazon, Google and Facebook. The city has a steady growth in demand as well as in the supply of properties in the $ 1 million price range.
Now let's go back to our latitudes with the 1 million-euro property selection of Unique Estates.
Against this amount you can become the new inhabitants of a lovely house in a gated complex in Boyana. The 640-square-meter home has 6 bedrooms and 4 bathrooms. There is a yard of 707 square meters. The complex offers 24-hour security and splendid views of Vitosha Mountain.
More about the property HERE.
1 million euros is the price of a unique house with a perfect location in Dragalevtsi. The property is built in Mediterranean style, on two levels with an area of 411 square meters.
More about the house HERE.
Another offer at this price from our portfolio is a great mansion 15 minutes from Sofia. The three-storey house is located in a yard of ten decares. Around the house there are several separate recreation areas as well as a swimming pool.
See the mansion HERE.
A picturesque house in Pancharevo can be yours for 950 thousand euros. The romantic mansion is surrounded by beautiful vegetation, tranquility and silence and has its own park of 5000 sq. m.
More about the house HERE.
If you want to have a wonderful holiday property on the beach, we offer an exclusive house in Sozopol at a price of 999 999 euro. It has "perched" on the fortress wall in the Old Town, on the first line of the sea and offers exceptional views.
See more HERE.