6
September
2016

CL Properties Listing Featured in the Boston Homes!

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“Finding a penthouse that combines luxury, Beauty and practicality is an urban dream come true. Finding one that includes all that plus space and location borders on Nirvana.

Carmela Laurella and Dave Costello of CL Properties have listed that rare find– a 1,628 square foot, 2 + bedroom, two-and-a-half bath home.”

Our listing–2502 Battery Wharf–was featured on the front page of the Boston Homes!

Boston Homes 2502 Battery - PG 1

Boston Homes 2502 Battery - PG 2

30
August
2016

New Construction Draws International Buyers

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Boston is not unfamiliar with high priced real estate but for the most part the buyers in the city have been local. The buyers have mainly been professionals working Downtown of wealthy empty-nesters moving-in from the suburbs. With the rapid growth of new construction in Boston there has been a new influx of buyers who do not fit the traditional mold. Many foreign investors are buying up high price condos in Boston where they see room for growth in the real estate market. New York City has always been a hot-spot for foreign investors to buy real estate but now many see Boston as a cheaper alternative with a great up-side. The recently completed Millennium Tower has buyers from all around the globe. In a recent Boston Globe article it was noted that a single buyer from China purchased 16 units in the new ultra-luxury tower. Many foreign buyers are limited in the investments they can make in their home countries and are also nervous about instability. With the great development boom we are going through in Boston we can be sure that the city will remain appealing for International buyers for years to come.

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