Synonymous to exclusivity and luxury, Beverly Hills has continued to draw-in new residents each year. With a number of other blossoming villages and communities within the state and the country as a whole, what is it with Beverly Hills real estate that make the globe's high-profile buyers prefer it over others?
Exclusivity
The estate is, without a doubt, amongst the most exclusive locations in the United States, and it is this factor draws buyers to want to own a property here. For a lot of people, Beverly Hills is the grandest expression of success and wealth, from sprawling compounds to gated communities -- the prestige of owning one of its properties is a dream that a lot of people will work for to achieve.
Dining and Shopping
From Tiffany to Saint Laurent Paris, there are at least 100 retail stores situated on the renowned streets of Rodeo Drive. Cars, designer clothes, even jewelry pieces, the best that one can imagine is here. Dining in Los Angeles' best restaurants is also present. Establishments such as the Montage, Scarpetta, Bouchon, Piccolo Paradiso, Spago, Mastro's Steakhouse, and The Grill are here.
Attractions
Beverly Hills is a home to several recreational pursuits and cultural attractions. For instance, the Paley Center for Media accepts visitors to listen, select, and view 120,000 radio programs and TV shows. In 2013, the Wallis Annenberg Performing Arts Center was completed to become a hub for culture and art. The Greystone Estate, Farmer's Market, Virginia Robinson Gardens, and Beverly Gardens Park are only a few of the attractions that are available to residents, Love Beverly Hills reported.
Value
Home to exquisite and expensive Los Angeles homes, the estate generally holds better value than anywhere in the state. Its architectural properties play a vital role in the neighborhood's overall value, Hilton Hyland reported. Exclusivity and high demand have made Beverly Hills one of United States' most lavish markets, both in rental and residential properties.
Privacy
Celebrities adore Beverly Hills living because of the privacy it offers. From estates that have gated entrances to high-tech enclaves with landscaping to avoid tourists and paparazzi, Beverly Hills real estate can provide a private, secluded, and safe retreat.
