Definition, Meaning & Synonyms
prime-location
noun
/praɪm ləˈkeɪʃən/
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Definition
A prime location refers to a highly desirable and advantageous place for business, real estate, or living, often characterized by its accessibility, visibility, and attractiveness.
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Examples
- The new shopping center was built in a prime location, making it ideal for attracting customers.
- Buying a home in a prime location can significantly increase its value over time.
- Real estate developers often seek out properties in prime locations for their projects.
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Meaning
The term denotes an area that is considered optimal for investment, often due to its proximity to amenities, transportation, and consumer demand.
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Synonyms
- desirable location
- ideal spot
- prime spot
- prime area