Why Luxury Downtown Real Estate is a Good Investment

As cities like Austin grow and the downtown scene begins to evolve for work, entertaining and more living spaces, more individuals are wanting to move into the downtown area.

As the saying goes, land is always a good investment because they’re not making any more of it. While skyscrapers continue to grow taller and architects figure out how to fit more people onto less land, the fact remains that our population is continuing to grow, which means cities and suburbs will continue to expand, both outward and upward.

Demand is Growing

Luxury downtown real estate is already among the most desirable real estate out there, and it will only continue to increase in prices as demand grows. With cities having more and more to offer that rural areas simply can’t compete with, an increasing number of people will be moving inwards.

That means prices for luxury condos located in prime real estate in cities will continue to go up. Not only will the land they’re on continue to be valuable, but the extra space, light, and amenities will make luxury condos even more attractive as those things become harder and harder to find on the real estate market

No Updates Needed

Most individuals who are busy and enjoy the downtown life are not wanting to take on a fixer-upper. By purchasing a condo with the latest technology, security and appliances, you’ll increase the value of your investment even further.

Elevate Your Quality of Life

While it’s always important to think about the resale value of the property you are buying, it’s important to think of your quality of life while living there too. Living in our downtown luxury condos will give you the lifestyle you’ve always dreamed of. You will be close to the cities best venues, restaurants and more You may even have a shorter commute time and optimal work-life balance if your office is downtown.

Visit The 70 Rainey Sales Gallery Today!

Schedule an appointment at our sales gallery to learn more about the build of our condos, and what you can expect from the area in the future.