One of the most exciting prospects for investors, Macau is simply unique. There is no other place like it thanks to its mix of Portuguese and Chinese culture. Macau may be only 33 square miles in size, but it packs a punch when it comes to real estate and there is a great variety of Macau property for sale.
Even though its real estate market is smaller than Hong Kong’s, it is highly appreciated by those investors who wish to forego the more saturated feel of Hong Kong, with its skyscrapers and busy feel.
The economy in vibrant Macau is driven by tourism and continues to grow, which in turn provides further stability for the real estate market. It is part of the Greater Bay Area, a project that will further bring together Hong Kong, Shenzhen and Macau – this will also have a positive effect on property values across the board. Macau is suitable for many types of investors. It attracts, for example, entrepreneurs and expatriates and those who seek international properties in unique locations. It also includes those interested in heritage properties, which is a small but significant part of Macau property for sale.
Here is a guide to what is on offer in Macau, both for now and the long-term future. Each of the following types of property caters to different preferences.
Luxury apartments
The Macau Peninsula in general as well as Taipa showcases spectacular apartments. These are ideal for professionals and/or their families as they are situated very close to retail, dining and entertainment areas. Many such apartments will have amazing views of the city or the waterfront.
Expect the latest in design, with excellent floor plans, a sense of spaciousness, and sophistication throughout. There will almost invariably be a lot more besides – think access to swimming pools and fitness centers. There will naturally be parking facilities and 24/7 security. Living in a luxury apartment will make for an elegant lifestyle filled with ease and well-being.
Townhouses
Over the years, townhouses have become extremely contemporary and are very popular with families. The modern townhouse is all about spaciousness and in addition there will be shared amenities such as playgrounds, swimming pools and other recreational areas. There may also be a clubhouse as a focal point. Townhouses offer a sense of community, and are often snapped up by expatriates who wish to move to Macau. Many townhouses feature attractive rooftop terraces, adding to the sense of spaciousness and freedom. Parking is also on hand. Everything has been thought out to make life both convenient and enjoyable.
Townhouses are to be found in areas such as Coloane, which has a tranquil vibe and is excellent for families, and Cotai, which also offers a range of other luxury Macau property for sale.
Heritage homes
Head for Macau’s Senado Square and the Rua de Felicidade for stunning heritage properties. Both areas are filled with a sense of Portuguese culture and history. Properties here may be both residential and commercial. Almost all are beautiful and filled with character. Some may require renovation. They tend to be close to cultural landmarks yet are still close to Macau’s urban centers.
Colonial-style villas
These villas are imbued with a yesteryear charm and are especially sought after by investors who want to be surrounded by history. The villas have great beauty and as often as not feature private gardens along with large interiors and intricate grace notes.
Contemporary villas
Check out Coloane, Taipa, or Macau Peninsula in order to see exceptionally contemporary style villas. They may be standalone or part of complexes and are seen as excellent choices when it comes to investment. They offer an extraordinarily relaxed lifestyle. Those in Coloane may have access to the beach or to various trails that meander through the hills.
Many villas will feature rooftop terraces, perhaps with their own barbecue facilities, the idea being that the roof itself becomes a focal outdoor space. And very often there may be a swimming pool in the grounds of the villa. Luxuriousness will feature throughout with state-of-the-art kitchens. Expect large bedrooms with ensuite bathrooms that resemble spas.
Villas situated in complexes will enjoy prestigious shared amenities such as tennis courts, playgrounds and clubhouses.
Conclusion
Macau is seen as having immense potential and its future is looking very bright. With easy connectivity to Hong Kong, Shenzhen and all neighboring areas, it is certainly close to everything.
If you are interested in Macau property for sale, we invite you to contact us at JML Property for an informal discussion; we will certainly be able to help you in your search for a new home. Whether you are looking for an apartment, townhouse, heritage home or villa, there is a great range in each of these categories, and there will be something for every kind of investor.