San Diego is a city situated on the Pacific coast, in the south of the State of California and it counts more than 1.3 million inhabitants. The waterfront city is close to the boarder with Mexico and it is the second city of California and the 8th most populous city of the United States. San Diego is a major economic center in the region thanks to tourism, international trade and military and defence activities. This is also a large Biotechnology Research center thanks to the presence of the University of California in San Diego as well as academic medical sites.Since the Second World War, San Diego has been an important military center as the US Navy has its main naval base and its largest maritime airport in the city. This southernmost stretch is all about outdoor fun due to its inviting ocean, its sunny and warm weather, its stunning beaches all year long as well as its military history.
The American real estate market has suffered from an important crisis, due to seizure of properties. This phenomenon had a huge consequence on prices, which plummeted. Therefore, investing in a property in San Diego is currently a safe investment and is interesting as the market benefits from favorable conditions. The market has been regaining certain momentum, and prices started to rise. As the city enjoys a mature market, investors can foresee a high return on investment. Besides, the American population is mobile and often changes its accommodations. The law is particularly secured for financial backers and the American system is based on MLS (Multiple Listing System) which gathers all properties on sale, which is a guaranty of ease to find one. Thanks to a nice economic expansion, San Diego enjoys a large and diversified property portfolio with competitive prices for a city such vibrant, enormous and sunny. All in all, this area is a real heaven for owners and real estate investors.
