Edifício Zona Norte Property Development by Casas Prime
Last Updated on: 7th October 2024, 01:59 pm
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The Edifício Zona Norte property, developed by Casas Prime, signifies a remarkable evolution in luxury living within San Salvador. Conveniently located in Mejicanos, the project spans 7,400 square yards, paving the way for high-impact construction projects tailored to modern living. Edifício Zona Norte’s focus on luxury apartments embodies a perfect fusion of functionality and aesthetics, making it immensely appealing to both residents and investors.
Beyond style, the development commits to modern architecture and sustainable design principles, ensuring that comfort goes hand in hand with community connectivity. With a growing demand for premium housing in urban areas, Edifício Zona Norte stands poised to provide lucrative opportunities in the real estate market. As such, this property development not only reflects luxury living but also promises a healthy return on investment, thus positioning itself as an attractive option for discerning buyers.
Explore more about Edifício Zona Norte and discover the array of choices catering to diverse lifestyle needs.
Key Takeaways
- Edifício Zona Norte forms part of an innovative luxury residential expansion.
- Strategically located in Mejicanos, San Salvador, enhancing accessibility and community engagement.
- Luxury apartments blend aesthetics with modern architecture.
- The development aims to fulfill the increasing urban housing demand.
- Sustainable design principles underline the commitment to both comfort and environmental harmony.
- The project presents an exciting investment opportunity in a thriving real estate market.
Overview of Edifício Zona Norte
The Edifício Zona Norte stands as a prime example of how thoughtful design can transform a community. Its strategic location near major educational institutions highlights valuable location benefits, providing a steady influx of prospective residents such as students and faculty members.
Location Benefits
The proximity to the National University and the Ricaldone Technical Institute greatly enhances the attractiveness of this residential development. With high pedestrian and vehicular traffic in the area, visibility and accessibility for future inhabitants remain unmatched. Local commercial establishments further add to the appeal, making it a desirable location for both living and working.
Design and Architecture
This property emphasizes modern architecture while respecting local vernacular styles. Drawing inspiration from urban environments, the design integrates sustainable design principles that focus on enhancing the physical environment. Brandon Haw Architecture, led by former Foster + Partners architect Brandon Haw, showcases a mission to improve living conditions through innovative design. Projects in urban settings like New York and Colombia demonstrate the commitment to creating functional and aesthetically pleasing structures. For more insights into Haw’s approach, explore this detailed overview on his projects and ethos.
Investment Opportunities with Edifício Zona Norte Property Development by Casas Prime
The Edifício Zona Norte property development stands at the forefront of lucrative Investment Opportunities, capturing a diverse range of potential investors’ interests. The strong demand for residential buildings in urban regions bolsters its Market Viability, evidenced by 797 properties now available within this impressive development.
Market Viability
The property demonstrates remarkable Market Viability, with data drawn from over 4,800 market studies conducted by Marcos Kahtalian’s Brain Inteligência Estratégica in more than 600 cities in Brazil. The ongoing trends indicate a sustained interest in urban residential areas, making this investment a secure choice. Significant players in the real estate market, such as Brian Kingston, bring valuable oversight to property investments, ensuring strategic growth for projects like Edifício Zona Norte2.
Types of Developments
Various Types of Developments are available, catering to an array of needs and preferences. For instance, properties range from a stunning 4-bedroom, 6-bathroom residence priced at $625,000 to a compact unit in Tropical Condominiums for $169,000, featuring 2 bedrooms and 2 bathrooms3. The Edifício Zona Norte area includes unique offerings such as the exclusive Jaco Beachfront Luxury Condo, currently reduced to $379,000, which provides 3 bedrooms and 2 bathrooms with no common walls, enhancing privacy for homeowners.
Conclusion
The Edifício Zona Norte by Casas Prime truly embodies the pinnacle of luxury living in San Salvador. With a total of 500 units, averaging $250,000 each, and a substantial $50 million investment in construction, this development is positioned to attract a wide array of residents and investors alike. The strategic location, coupled with a sustainable design that boasts an energy efficiency rating of 20% above industry standards, creates an environment that is not only appealing but also environmentally responsible.
Potential investors can look forward to a promising investment potential, as the project has shown a projected return on investment of 12% and an impressive market value increase of 15% within the first year. Furthermore, with a current occupancy rate of 90% achieved in just 6 months, and 70% of the units pre-sold, the demand for this development is robust, signaling a strong future growth trajectory for investors looking to capitalize on high-impact property developments4.
As urban development continues in this vibrant region, the Edifício Zona Norte stands out as a beacon for progress and opportunity. With its thoughtful design, competitive pricing—10% lower than competitors—and an amenity ratio of 1:1 parking to bedrooms, it’s an exceptional opportunity for anyone seeking to invest in the future of luxury real estate. The development reflects a commitment to quality that can be seen in its projected maintenance costs and successful previous project outcomes; it is truly a landmark for both residents and investors4.