The Civic Center district is the heart of San Francisco's city. This unique neighbourhood is a blend of cultural and arts hub, classic architecture, government offices, historic landmarks as well as business institutions. This iconic destination is home, among others, to the Opera House, Symphony Hall and Asian Art Museum as well as the wealthy elite of San Francisco. Therefore, it is characterized by its many beaux arts-style government buildings and performing arts venues. Civic Center is worth discovering as its uncover facets epitomize San Francisco and it has a lot to offer in terms of attractiveness, dynamism and lifestyle.
San Francisco has always been considered as one of the luxury real estate leaders thanks to its dynamism and its attractiveness. Therefore, this is one of the favourite destinations of American billionaires.The luxury real estate market in San Francisco is buyer's market and this upmarket represents 20% of the real estate transactions held in San Francisco. The market is particularly influenced by seasons as the wealthy population does not hesitate in taking summer or winter holidays. Besides, more and more high-end constructions are being built, which enlarge buyer's range of choices. This is a good period for buyers, who can enjoy a little decrease in prices.
Before any investment, the potential buyer will have to contact a professional of the real estate sector. The latter will need his client's passport and other administrative and bank documents to testify his identity and his solvency. The buying process is really fast (around one month). You do not need to have the American citizenship nor the famous Green card but you are required to provide a social security number (SSN), which is obligatory to fill in the tax return (that is only $100 for a property).
Besides, it is highly recommended to purchase an insurance regarding the ownership title in order to be secured in case of potential recording error.