Manchester is the business and cultural center of England. Tourists like to visit this city. Manchester successfully places cultural and historical buildings, as well as modern buildings. In this city is the largest shopping center. A variety of restaurants, bars and pubs attracts young people. Many investors choose this city because of a stable economy and a rapidly developing business. Most often they buy apartment in Manchester while saving and multiplying their capital.

Investors buy a flat, depending on the budget. But even with the minimum capital, it is possible to choose a good apartment. Of course, the greatest profit will be brought by apartments located in the center of the city. There is the greatest demand for the purchase and rent of apartments.

Prices for luxury apartments in Manchester are much lower than in London. So, for example, a penthouse in the center of the city with two bedrooms, a huge terrace, will cost 600,000 pounds. Such apartments, when renting, consistently yield 8% per annum. The average price of a luxury three-bedroom apartment is 700,000 pounds. More expensive apartments cost of than 1500000 pounds are very rare.

Developers of residential complexes are interested in new investors and offer favorable conditions for the sale of apartments. The new apartment in the residential complex is being sold already with high-quality repairs and necessary household appliances. And sometimes there is also the necessary furniture in apartment. It is more profitable to invest in student apartments. The studio apartment will cost from 35,000 pounds, and an apartment with two bedrooms can cost up to 50,000 pounds. In Manchester, it is even possible to invest in a student's room. The cost of such a room is very attractive from 20,000 pounds. With such a minimum investment of capital, you will make a profit of 7% per annum. There are 3 universities, where more than 100,000 students study in Manchester. The shortage of student housing is increases the demand. Therefore, it is best to invest in student apartments. With such an investment, you will receive a steady income. In Manchester, foreigners can buy an apartment on credit at 4% per annum with a loan term of up to 25 years. The profit from renting an apartment will fully cover the costs. Despite the fact that Manchester is a modern developing city, the prices for apartments here are lower than the average in England. You can find new apartments on our website www.domaza.co.uk/buy_apartment_in_manchester/