Annapolis Property Market and Real Estate Guide

(Annapolis, Maryland - MD, USA)

Often dubbed the 'sailing capital of the world' Annapolis is located around picturesque Chesapeake Bay. This vibrant city is the capital of Maryland and features an excellent range of tourist attractions, while managing to maintain a friendly, family feel.

Property prices in Annapolis have been falling slightly in recent years, making now the perfect time to invest in a dream home. There are currently a large number of properties for sale in Annapolis and at present this really is a buyers' market.


The most desirable neighborhoods to buy and rent property are located near Chesapeake Bay. The upmarket neighborhood of Eastport is popular with young working couples, while many families opt to purchase property in areas such as City Dock and Acton Cove.

Renting Serviced Apartments

Ranging from glamorous bachelor pads to spacious three bedroom apartments, serviced apartments can be found all over Annapolis and come in all shapes and sizes. These modern apartments make the ideal home away from home, as they come fully furnished and contain all the latest modern conveniences.

Those wishing to secure a serviced apartment in Annapolis should note that they generally cost double the going rate for a standard apartment. Tenants are often expected to sign a six-month lease in addition, although there are extra compensations such as shared facilities to soften the blow a little.

Buying Apartments and Houses

Non-USA citizens who wish to purchase property in Annapolis will soon discover that foreigners are not restricted by special property laws in the USA, as long as the necessary visa requirements are adhered to. While affordable property can be found all over Annapolis, potential buyers need to bear in mind that they will have to pay additional fees amounting to between three to five percent of the purchase price, which may need be paid in full in advance. These fees cover all aspects of the property transaction, from taxes to inspection fees and mortgage insurance.

Real Estate Agents

When looking for property in Annapolis it is essential to find a reliable real estate agent. Before deciding to go with a certain person or company, it is a good idea to get recommendations from trusted, sources such as work colleagues and friends. Have a look at the different websites provided by various real estate agents to see what they offer, and compare the top two or three. Most leading real estate agents will also provide their portfolios for potential clients to browse.

Check out the following Annapolis realtors and real estate agents:

Century 21
Address: 47 Spa Road, Annapolis, Maryland (MD), 21401, USA
Tel: +1 410 271 3455
Email: contact via website
Website: www.century21.com
One of the leading real estate agents in the USA, Century 21 has an office in Annapolis and a team of agents dedicated to tracking down property both in the city and the surrounding area.

Long and Foster Real Estate
Address: 102 Old Solomons Island Road, Annapolis, Maryland (MD), 21401, USA
Tel: +1 410 266 5505
Email: jklarman@lnf.com
Website: www.realestateandbeyond.net
Based in Annapolis, the agents at Long and Foster Real Estate offer a comprehensive service and expert advice regarding the purchase or rental of property.

Champion Realty
Address: 711 Bestgate Road, Annapolis, Maryland (MD), 21401, USA
Tel: +1 410 224 0664
Email: amy@househuntress.com
Website: www.househuntress.com
Champion Realty is a friendly local agency with expertise both in buying and renting all types of homes in the city.