Colorado, a state in the western US, is known for its stunning scenery. From snow capped mountains, wild desert lands and deep river canyons, there are plenty of outdoor adventure opportunities for the state’s 5.4 million residents.
The region that is now Colorado was originally inhabited by Native Americans for more than 13,000 years, staged a civil war and then became a US state in 1875, which means it’s an area with a rich history to uncover.
Colorado is a state worthy of investor’s attention: CNBC ranked Colorado as the third best state in the nation for business in 2010 after the Bureau of Economic Analysis estimated that the total state product was $257.6 billion, beaten only by Texas and Virginia. The city’s thriving economy and infrastructure has given rise to a number of desirable regions to make a home in, within and outside of the nation’s capital, Denver.
Seven of Forbes’ top 100 expensive zip codes are in Colorado, owing in part to the fantastic skiing and snowboarding opportunities available in the mountain towns of Aspen and Snowmass. These neighbourhoods are winter wonderlands, surpassing the value of homes in the Hamptons and Beverly Hills. These locations are glamorous, with upscale shopping and fine-dining restaurants on the doorstep for après ski.
Telluride is another popular with property investors: with mandatory green building codes, an absence of chain restaurants and wind-powered gondolas, the region has attracted the eco-conscious and famous faces alike: Tom Cruise, Bobbi Brown are counted among visitors, and Ralph Lauren even has a home here.
Also worth consideration is Cherry Hills Village. A suburb of Denver, and with many extravagant homes to offer in close proximity to the state’s capital, it’s one of the most sought-after areas for real estate in Colorado.