The Development, Location & Amenities

Pam Golding Properties is proud to offer a rare opportunity for South Africans to invest in a property in a prized location in this prime city in the United States.

The property, a completely renovated 10 unit “brownstone”, is located in the Back Bay which, together with Beacon Hill, is recognized as one of Boston’s most exclusive neighbourhoods. It has been said that the Back Bay is to Boston, as Knightsbridge and Mayfair are to London.

The renovation is being completed by a well established local developer with a sound track record and completion is estimated for early May 2009. Offered are studio and one bedroom units.

The building is located just a short walk from the Charles River Esplanade, the trendy shops and restaurants of Newbury Street, the gracious Commonwealth Mall and the Prudential Shopping Centre (GAP, Tiffany’s, Saks Fifth Avenue, etc).

Features and Finishes

The building has a distinctly French character with almost every apartment enjoying some original historic detail (herringbone wood parquet flooring, ornate mouldings, French doors) that evokes a grand Parisian apartment. The combination of such gorgeous historic details with all new kitchens (including a washing machine/dryer) and new mechanical systems (plumbing, electrical, heating and air-conditioning) make these units very attractive investment opportunities to live in or rent out.

About Boston

Founded in 1630, just 22 years before van Riebeeck landed at the Cape of Good Hope, the City of Boston is situated on a peninsula in the sweeping Boston Bay. It was the site of several major events during the American Revolution and is today the informal capital of the New England region of the United States.

Some 600,000 residents call Boston home. The city is the anchor of the Greater Boston metropolitan area in which some 4.4 million people live making it the tenth largest metropolitan area in the United States.

Boston is the most European of America’s cities. The centre is a charming blend of the old and the new. From the quaint narrow streets and charming brownstones, shops and restaurants of Beacon Hill and the Parisian style boulevards of the Back Bay to the labyrinth of high rise towers in the Financial District – Boston caters to almost every taste. Above all, Boston is remarkably manageable where many amenities are within walking distance.

This elegant city and its surrounding metropolitan area is home to numerous world famous colleges and universities including Harvard, MIT, Tufts and Boston University as well as to a number of renowned medical facilities and research laboratories. Boston’s economy is based on education, research, finance and technology – emphasizing biotechnology - and it ranks first in the United States in jobs per square mile.

The diversity of its economic base is likely the primary reason why the real estate market in Boston - unlike Florida or Las Vegas - has retained substantial value despite the current difficult global economic climate. Another reason may be that unlike other areas of the United States, Boston does not have a large housing inventory currently available or under construction.

Pricing

Prices start at US $ 359,000 (approximately ZAR 3 564 million)

Financing (up to US$ 417,000) may be obtained by qualified buyers.

Location

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Floor Plans

Click on each unit below to view the floor plan

Unit 1	Unit 7
Unit 2	Unit 8
Unit 3	Unit 9
Unit 5	Unit 10
Unit 6

Pam Golding International's associates in Boston

Pam Golding International’s associates in Boston, Monte Levin and Gary Lazarus, have for 10 years successfully pursued a career in real estate.

They were the top agents of Pam Golding Properties for a number of years, responsible for the success of the Franschhoek Winelands International office before returning to Boston where they are currently involved in property sales and development.

Monte Levin

Gary Lazarus