Real Estate in Boston, Massachusetts

Real Estate in Boston

Last updated on Mar 23, 2023

Summary: The most desirable neighborhoods in Boston, United States are Beacon Hill, Back Bay, South End, Fenway, and North End. The average cost to buy a nice 2 bedroom home in Boston is around $1.2 million, and a nice 3 bedroom home is around $1.5 million. These properties typically include modern amenities such as stainless steel appliances, hardwood floors, and updated bathrooms. There are no restrictions on foreign ownership for properties in Boston. An expat should search for a home to buy in Boston by researching the different neighborhoods, looking at listings online, and visiting the neighborhoods in person. It is also important to work with a real estate agent who is familiar with the area and can help guide the search.

What do I need to know when buying property in Boston?

When we asked expats what advice they would give a foreigner before buying a property in Boston, they said:

"When buying property in Boston, it is important to research the neighborhood and the local market. Consider the location, amenities, and transportation options available in the area. It is also important to understand the local zoning laws and regulations, as well as any potential tax implications. Additionally, it is important to work with a qualified real estate agent who is familiar with the area and can help you navigate the process. Lastly, it is important to understand the closing costs associated with the purchase, as well as any potential financing options," remarked one foreigner who made the move to Boston.

Are foreigners allowed to own property in Boston?

When we asked expats what advice they would give a foreigner before buying a property in Boston, they said...

"Yes, foreigners are allowed to own property in Boston. There are no restrictions on foreign ownership of real estate in the state of Massachusetts. However, foreign buyers may need to obtain a visa or other documentation in order to purchase property in the United States. Additionally, foreign buyers may need to pay taxes on any income generated from the property, such as rental income," explained one person living in Boston, the United States.

What appliances are typically included in a rental?

We asked foreigners in Boston what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"Rental properties in Boston typically include a refrigerator, stove, oven, dishwasher, and washer and dryer. Some properties may also include a microwave, garbage disposal, and air conditioning," wrote one expat who made the move to Boston.

Additional Information about Searching for a Home in Boston:

We asked foreigners in Boston what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...

"Expats looking for homes in Boston can search online for real estate listings, contact a local real estate agent, or attend open houses to get a better feel for the area. They can also search for rental listings on websites such as Craigslist or Zillow, or contact a rental agency to find a place to stay. Additionally, expats can join online forums or Facebook groups to connect with other expats in the area and ask for advice on finding a home," said one foreigner living in Boston, the United States.

About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.