Definition, Meaning & Synonyms

prime-location

noun
/praɪm ləˈkeɪʃən/
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.
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.
Meaning
The term denotes an area that is considered optimal for investment, often due to its proximity to amenities, transportation, and consumer demand.
Synonyms
  • desirable location
  • ideal spot
  • prime spot
  • prime area