Seattle's dynamic urban landscape continues to draw international investors seeking both residential opportunities and financial returns. Amidst a competitive market, two property types stand out as particularly compelling options: luxury downtown condominiums and newly constructed townhomes.
Downtown Luxury: The One88 Condominium
The One88 development represents premium urban living, offering units ranging from 1,340 to 1,950 square feet with freehold ownership . Historical rental data shows these properties have commanded approximately $5,700 monthly , though recent market adjustments show a modest 0.1% price correction over the past year.
Positioned in Seattle's commercial and cultural core, these residences provide immediate access to corporate headquarters, high-end retail, and transportation hubs. The development features concierge services, fitness centers, and secured parking. With a 10% minimum down payment , entry pricing begins at approximately $1.9 million , translating to roughly $1,150 per square foot .
Suburban Alternative: Upton Townhomes
For those prioritizing space and privacy, the Upton townhome community presents three- and four-bedroom configurations spanning 1,360 to 2,015 square feet. These properties demonstrate similar market dynamics to their urban counterparts, with $2,350 average monthly rents and an identical 0.1% annual price adjustment .
These multi-level residences feature private outdoor spaces, attached garages, and modern construction standards compliant with Seattle's stringent energy efficiency requirements. The development's pricing structure starts at approximately $760,000 , equating to about $475 per square foot , with identical 10% down payment requirements to downtown condominiums.
Investment Considerations
Prospective buyers must weigh several factors when evaluating Seattle properties. Downtown condominiums typically offer stronger rental demand from corporate tenants and professionals, while suburban townhomes attract families seeking long-term stability. Both property types benefit from Seattle's constrained housing supply and growing tech-sector employment.
Market analysts note that while recent price adjustments reflect broader economic conditions, Seattle's fundamental demographics—including population growth and high median incomes—continue to support real estate values. Thorough due diligence should include examination of homeowners association regulations, property tax structures, and neighborhood development plans.