Why invest here?
In Philadelphia, as in other cities, the Real Estate market remains undervalued and there are good buying opportunities. This city has an excellent location, between NY, Washington D.C. and Atlantic City, being the largest city in U.S. and eighth of the regional economies in the world. Philadelphia is the first and only city in USA, named a world heritage site. It has more than 46 million inhabitants within a radius of 200 miles of the city and has experienced an increase in housing prices by 10% in 2017. Income values have increased by 10% in the last 4 years. Philadelphia is home to 52 universities (in the city) and almost every one of these has its own hospital.
Philadelphia receives a very high flow of "millennials" (18 to 35 years old). More than 30,000 new jobs have been created in 2017 and there is a development plan to boost the local economy and the housing market, while maintaining the current low cost of living. The city has a very modern public transportation system and there are more than 31,000 local government employees. Philadelphia has one of the largest medical/pharmaceutical industries in the country including DuPont, Glaxo Smith Kline and Merck. It is the 4th pro-bicycle city in U.S. and the average total investment value is $ 105,000.