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Monday, April 13, 2015

San Diego National Geographic World's Smart City

Wow San Diego has a starring role in the new National Geographic documentary.  It is the only city San Diego Smart City
in the US deemed worthy of the title "World Smart City"  Why it was chosen is because of our leading edge scientific and medical research as well as our many growing small businesses and new Downtown Library.    It will air April 25 and May 2. 

Another reason to invest in Downtown San Diego is the Foreign investment in high end designer condos.  This is having an effect on what is being built such as the new Bosa highrise starting at $1000/sf. 
With only so many properties available with the San Diego views, they should become a scarce resource that appreciates over time.  In some cases, a condo purchase has insulated buyers from the devaluation of foreign currencies against the dollar.  A Russian who bought a $1 million home last year would have doubled his investment because of the devaluation of the ruble.  The typical metrics used to measure real estate markets such as local job growth do not apply here.  Unfortunately, because of the growing number of "Haves" vs. "Have Nots" investors are looking for ways to shield their money.  Many look at the investment in these condos as bank accounts.   

Indulge in this exquisite residence on the 27th floor.  $300,000 in upgrades, 1370 sf 2 bed 2 bath 2 parking and storage.  We just listed it for $999,000 - limited time offer.  The Electra!

I love this plan because it has 2 good sized bedrooms plus a den.  It has 1684 sf and has a great view.  Take a look at our new listing located on the 12th Floor of The Grande.  Asking $1,099,000.  The Grande

 Short Sale!  Here is a wonderful Little Italy Aperture.
special for only $415,000.  Submit offers - it's in default!  Highly upgraded with low HOA's.  Hardwood floors, large windows and a street side balcony.  Really nice!  Take a look at:

Contact me for a tour or the upcoming list of downtown San Diego condos.  marsha@sellsandiego.com 

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