Savannah Property Market and Real Estate Guide

(Savannah, Georgia - GA, USA)

Shopping area within Savannah photoSavannah is one of the most popular places in Georgia to invest in property as it sits near the ocean, is close to the verdant South Carolina coast, and is one of the state's largest cities. Prices here are also good and there are plenty of interesting attractions and historical areas to explore.

Although prices for property in Savannah, Georgia, are slightly more than the state average, the cost of houses and apartments here is actually under the national average. It is also a buyers' market, as there is usually a high percentage of vacant units in the city.

There are several areas to consider when looking at property in Savannah, including downtown, along the coast, or within one of the many leafy neighborhoods inland. In general, the south, central and northern parts of Savannah are the most expensive and sought after, while the east and west are generally more downmarket. Ardsley Park in Southside is one of the most exclusive.

Renting Serviced Apartments

There are more rentals in Savannah than the Georgia average, although full serviced apartments are not in big supply here. They are available and are much better value for money than comparable hotels, however, but lease options are generally 12 months minimum.

Downtown and the eastern areas of town have the best selection of serviced apartments in Savannah, with one or two bedrooms, cleaning services and fitted kitchens.

Buying Apartments and Houses

In general, buying apartments and houses in Savannah is a good investment, as this eastern Georgia city boasts cheaper prices than the national average and there are no restrictions placed on foreigners. High deposits for foreigners are the norm, however.

There are various fees and taxes that usually add up to around seven percent. Also, be sure to check ahead with your estate agent for any community or apartment service fees.

Real Estate Agents

Most real estate agents in Savannah have websites and it is best to have a search online first, rather than trawl the streets. Look to those with easy to navigate websites with good portfolios and several years of experience in the field.

Check out these Savannah real estate agents:

Konter Quality Homes
Address: 22 Commerce Place, Savannah, Georgia GA, 31406, USA
Tel: +1 912 354 9314
Konter Quality Homes is a well established real estate agent dealing in top-end property in the area.

Address: 31 West Congress Street, Savannah, Georgia GA, 31401, USA
Tel: +1 912 238 0874
Mopper-Stapen deals in residential and commercial property in Savannah, Georgia, with a friendly service.

Glenda Ganem
Address: 315 Commercial Drive, Suite B-5, Savannah, Georgia GA, 31406, USA
Tel: +1 912 352 8151
Serving Savannah and surrounds for over 30 years, Glenda Ganem offers a personalized service with attention to detail.