The scene of Scottsdale luxury real estate

One of the preeminent places to invest in Arizona is Scottsdale. It is currently ranked at the top for all kinds of real investments. If you wish to buy a luxury property especially, consider Scottsdale. The market is quite dynamic and extremely attractive for both buyers and sellers. Here are the top reasons why the Scottsdale luxury real estate market is booming like never before.

- It is a tax-friendly city, and Arizona itself has low tax rates. For example, the Social security taxes are zero for retirees in Arizona, making it an attractive place for retired people. For middle-class families, too, this is an ideal place to invest because the property taxes and the income taxes are the lowest.

- The growth of a sound corporate sector in and around Scottsdale due to the city's business-friendly policies.

- The downtown area is very vibrant, with the presence of exciting shopping and dining options.

- It is one of the places in Arizona that is known for being pet-friendly. There are parks and outdoor facilities along with pet-friendly restaurants that make it an attractive proposition for pet lovers.

- Scottsdale's living costs are quite affordable, unlike neighboring cities and states, and people working in nearby commercial districts invest in properties here.

Two neighborhoods in Scottsdale that are extremely lucrative for investment include South and North Scottsdale real estate. Of these two, the northern region is famous for being luxurious properties with higher median property price and rental income.

On the eastern edge of Scottsdale lies the Arcadia neighborhood. Though the area does not have to talk about historically, the place has some of the biggest and the most luxurious properties here. Some of the homes for sale in Arcadia are built on five acres of land. The smallest one is spread out on at least half-an-acre land. Therefore, it is one of the luxurious addresses in Scottsdale.