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Monthly Archives: February 2016

Are Venezuelans still going for South Florida’s real estate?

Brickell view real estate miami venezuela

View of Brickell

The talk of the town, here in South Florida, is all about the political and economic in Venezuela. Does it really have an impact on Venezuelan investment in the condo market?

As a reminder, Venezuela is an oil-rich Latin-American country, said to be unstable as ever these days. It originated the 21st Century Socialism under Chavez and is now undergoing dramatic decreases in oil prices – their key asset. Hence some social, political and economic downfalls such as an average 68% annual inflation and an incredibly high murder rates. On top, critics towards the government are often sent to jail. Read the rest of this entry »

 
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Posted by on February 24, 2016 in News

 

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Miami real estate, not any close to quitting

Eighty Seven Park miami real estate pool deck

Eighty Seven Park pool deck

When you thought New York had it all, please consider that Miami at least has the weather and the standard of living that goes along with it. Developers have well understood such asset and work harder everyday towards creating the most beautiful and comfortable pads you could wish for. Who said slowdown?

Here are our favorite picks for you to invest in Magic City!

Renzo Piano is designing Eighty Seven Park, a 70-unit beachfront condo at 8701 Collins Ave. in North Beach. Apartments will measure roughly 1,400 to 7,000 sqft. American oak, Italian stone and glass walls are just some touches included in the pads’ interiors. But every condo will come with wraparound terraces from 15 to 25 ft wide that look out to panoramic vistas. You could also count a salon, a spa, a library and an enoteca for wine and food among lush green features: the lobby will hosts a leafy orangery and a permanent botanical exhibit with orchids and cacti. Read the rest of this entry »

 
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Posted by on February 18, 2016 in News

 

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Miami, the global magnet

Santa Maria

Santa Maria

The infamous condo market of Miami keeps on being a strong magnet for foreign investment, but it’s becoming harder and harder to differentiate investors and residents.

Condo buyers purchasing as their own residence today represent 1/3 of the investors, 1/3 use it for a second home and 1/3 as an investment to rent out. It is a very sought-after alternative in response to a very low rental inventory for the past 2 years. Overall, investors are prevalent in Miami Beach, Downtown and Brickell. Read the rest of this entry »

 
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Posted by on February 3, 2016 in News

 

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