Why Detroit?

Detroit today is a city with high potential in Real Estate. It offers properties with accessible costs that are adapted to each type of investor, allowing a return percentage of 10% to 14% per year with an increase of 10% in revaluation.

In 2013 the city declared bankruptcy due to the impact of the 2008 financial crisis. Just one year after declaring bankruptcy, in 2014 the recovery of the city began, positioning itself as one of the cities with the greatest projection. of growth, capturing the attention of large investors worldwide. Quicken Loans, the largest mortgage institution in the United States, relocated 20,000 of its employees to Detroit and invested $1.8 billion to redevelop Downtown. Likewise, tycoon Mike Ilitch has invested around $1,000 million dollars acquiring clubs, casinos and businesses in the city, in addition to the construction of a new stadium and new spaces for shops and restaurants. In September 2017, a new investment stadium of more than $800 million dollars was inaugurated, where the Detroit Pistons of the NBA and the Detroit Redwings of the NHL will play.

Wayne County offers homeowners one of the highest ROIs in the country. Investors buying properties in the metropolitan area can expect a gross rental return that is much higher than the national average. Multinationals have chosen to locate their operations in the city, which has caused an influx of larger workers; These workers arrive with their families and are looking for a place to live. The housing market is still benefiting from lower prices, while the value of homes and offices has soared thanks to the city's efforts to reinvent itself as a major economic force.

The thriving city attracts new investors thanks to the improving economic outlook. The improvement plan of the city is part of the past and the future is in sight.