Washington is the capital of the United States of America, located in the northeast of the country approximately 50 kilometers from the Atlantic Ocean. The city does not belong to any state, but is almost entirely surrounded by the state of Maryland, and in the southwest the city has a common border with the state of Virginia. The city was founded in 1791 and named after the first US President George Washington. The permanent population of the city is about 600,000 residents. During the workweek, the city's population increases to 1,000,000 people due to the arrival of people from the suburbs and neighboring states. The total population of the Washington metropolitan area is approximately 5,500,000 residents, making it the eighth most populous metropolitan area in the United States. Washington is home to the main offices of all three branches of government, including the residence of the US President in the White House. Washington is home to many foreign embassies, as well as the headquarters of the World Bank, the International Monetary Fund, the Organization of American States, and other organizations. Washington's economy is based on employment in government and services. A significant number of the city's residents are federal government employees. The city's strong non-government sectors include education, finance, public policy, and research.
Washington DC real estate is represented by a large number of individual housing (houses, cottages, mansions, townhouses, villas) in the suburbs, as well as apartments in low-rise and high-rise residential complexes. The city has many commercial real estate properties. Washington developers are several dozen American construction companies that every year build new, modern residential and commercial real estate properties, as well as the necessary urban infrastructure. When constructing buildings, developers are guided not only by strict federal and local building standards, but also by the need to preserve the unique architectural style of the city.
Every year, Washington is visited by more than 25,000,000 tourists from other US states and foreign countries. Tens of thousands of businessmen, embassy employees, and qualified specialists working in local enterprises come to the city. Tourists are attracted by numerous attractions located in Washington. These attractions include the White House, the most famous building in the United States. This is one of the main buildings in the country, a symbol of the American state, which is located in the government quarter of Washington. This area of the city is also the most touristy. The Capitol is the place where the US Congress works. The Capitol building is located on Capitol Hill and is the architectural dominant of the city. One of the important attractions of Washington is the National Mall, located in the central part of Washington. This is the most touristic place in the city, along which the main attractions are located: the White House, the Capitol and the Washington Monument. Investors who plan to buy real estate in the United States of America sometimes choose real estate located in Washington for investment. Real estate here shows annual growth in value, is distinguished by high quality construction and attracts investors from the United States and other countries. It is well suited for short-term and long-term rent, as well as resale after several years of ownership, especially in the case of acquisition in the early stages of construction.
On our website you will find ratings and reviews of Washington DC developers left by real estate buyers.
A careful study of the reviews will allow you to form your own opinion about the advantages and disadvantages of different construction companies, construction timeframes and quality of construction, and finishing of real estate objects. This will give you the opportunity to make an informed decision about investing in projects of one or more developers.