A few years ago, the Opera Tower had some troubles selling units. But the issue seems to be resolved. Indeed the building has now sold the 2/3 of its units. What are the reasons for a sudden interest on that building?
The best explanation I can give you is the fact that the developer decided to attract buyers thanks to financial help and leaseback program. Read the rest of this entry »
The market has been mostly driven by international buyers over the last years. New York’s are historically the most active national buyers of Miami’s real estate market. However, they have been pretty less active during the downturn.The recent market improvement seems to have gotten back their attention. Even if New York buyers never totally disappeared from Miami’s market especially from South Beach area, it seems that today they do perceive it in another way. Read the rest of this entry »
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