In recent years, California real estate has emerged as a potential and sustainable development area in the eyes of international investors.
California real estate has many advantages such as real estate taxes and low-related fees compared to the common ground, a friendly legal environment for foreign investors, an increase in population, and so on. many strong points, California real estate areas have great potential and attraction. Learn about California’s most potential real estate areas.
Average real estate price: USD 1,565,000
Average rental income: $ 4,740
San Francisco is not only a potential area in the state but also across the United States. What makes San Francisco’s potential are: high rental rates, Silicon Valley’s presence, and a constantly booming economy. This is also considered one of the top real estate areas in the United States.
Property prices average: 1,058,000 USD
Average rental income: USD 3,380
Los Angeles entertainment city
City of thousands of stars Los Angeles is always an area attracting domestic and foreign investment. Los Angeles is a potential real estate area in large part thanks to tourism development. On average, Los Angeles receives more than 10 million domestic and foreign tourists each year. In addition, the city also has continuous development in trade.
Property prices average: $ 1,047,000
Average rental income: $ 3,840
Oakland is not only a potential area of California but also often ranked among the top 10 real estate areas in the United States. Empty house prices are declining, tourism is growing and house prices are steadily increasing, which are the factors that make up the potential of Oakland real estate.
Property prices average: $ 991,000
Average rental income: $ 3,240
San Jose is the region that can find properties that are cheaper than the common ground. This city is always in the top of the safest cities in the United States. The fact that technology businesses continue to invest in Silicon Valley has also exacerbated the shortage of housing here.