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2
Nov

Elections in Venezuela will strengthen Miami Real Estate Market

investment condos in Miami

The fact that President Hugo Chavez was re-elected in October 2012, may serve as a signal for another sharp increase in sales of real estate in Miami, as well as sales throughout South Florida. The fact, that South Florida including Miami, is so close from the Caribbean and South America, the economic impact of the region has always been obvious. The fact that Venezuela is in the vicinity, as well as the fact that the current Venezuelan investors are already active in the development of condominium market, predicts that it has a positive impact on the economy and development of the Miami Real Estate Market.

Venezuelans happy to buy Miami Condos
Currently, more than $ 60 million per month poured into the Miami real estate market by investors from Venezuela. Currently in the U.S. there are more than 200,000 people of Venezuela. According to opinion polls in this population, the fact that Hugo Chavez's re-election for the presidency will lead to further influx of money from Venezuela to South Florida and in the real estate market in Miami ..

Approximately 45% of the total investment of Venezuela in the Miami real estate is spent purchasing condominiums. The next largest category of investment property Venezuelans in Miami, which is almost half the size of investments in condominiums is single family homes.

The biggest benefit Venezuelans from investing in real estate in Florida accounts for Miami Dade County. According to statistics, over 60% of the investments made in real estate in South Florida fell to the Dade County. Most of this investment was spent on the purchase of urban buildings.

One of the reasons that Venezuelans move is not a stable situation in the country. In recent years the economy of the country has a very weak and slow. In this regard, the crime rate has risen to unprecedented levels, which further encourages people to leave the country. Due to the fact that Florida is so close, and Miami Dade is the southernmost major metropolitan areas in the U.S., many Venezuelans opt for this part of the Real Estate Market.

Foreign investors in Miami
Market property for sale in Miami Dade County, and especially Condos Market sector is moving rapidly. At present being considered by the county has more than 10,000 applications for the construction of apartments, as well as more than 70 new buildings.

Miami condo market
was very strengthened and stimulated great interest to him foreign buyers. The condo market in South Florida is huge and many think that the market is full, but today 90% of all Condos built in the time of crisis, now sold out.
Improving economy and the continuing influx of foreign investors, as well as the re-election of Hugo Chavez is a positive factor for the further development of Market condo, which is already showing very good results.

For the reason that so many investment projects are concentrated in urban areas, most likely the new condo buildings will continue to attract new investors and the surprising number of new buildings will meet the demand of investors. Last report of Realtor Association assumes that approximately $ 11,000,000,000 per year will flow into the real estate market from foreign investors.

17
Apr

Living on the ocean in Miami in Jade Beach Condominium

People are debating whether or not the recession is over, but they are still holding onto their money as much as they can. More people would like to buy a luxury condominium home, and they are unaware that now is the time to do it. Miami real estate right on the beach is offering people the perfect opportunity to purchase a Miami condo for a great price. Buyers don’t have to worry that they would be purchasing the least desirable properties, because several condominium homes that are ready to be bought can boast of the most enviable amenities.

One area that has condominium homes for sale is Jade Beach in Sunny Isles Beach. This location is exactly the place that can be considered a “buyer’s market.” The purchase prices are most advantageous to the purchaser, and those who are investing for the first time will benefit even more from what Miami has to offer.
The building was created to bring luxury and comfort to its residents every day of the year. Inhabitants feel as if they are always vacationing at a resort because of indulgences such as the concierge that fulfills every request and the enormously ostentatious five-story waterfall they observe every time they step into the building’s lobby. The sight of the Atlantic Ocean from everywhere that people travel in the building leads them to
believe that they are on a tropical island enjoying a fabulous sojourn in the middle of the sea. The building’s staff is so prepared to cater to the residents that they find they never need to leave the building for any reason.

The waterfall in the lobby is not its only distinction; the designer of this fantastic lobby was actually Fendi, the world-renowned designer. Those who like to take part in designing their own homes may do so, but residents may also choose to purchase a Fendi-designed condominium home in this building. Every home is distinguished for its top-of-the-line cabinetry and appliances in the kitchens and bathrooms. Even the lighting fixtures and the electronics impress all those who have the pleasure of living in these condominium homes, not to mention the relaxing Jacuzzis where residents have a full view of the building’s private beach.
This condominium building is gaining a reputation for being one of the most opulent, and those who live there are taking part in an
exorbitant lifestyle. The 248 residences either have a private terrace or floor-to-ceiling windows where people enjoy absolutely astonishing views of the ocean. A condominium home is more than a place to live because it is also a great investment. With a starting price of $600,000, future residents may contact a realtor who will help them own a piece of this paradise.

11
Apr

Once Again New Yorkers Are Buying Miami Real Estate

Miami Real Estate

When the housing industry was experiencing a serious downturn everywhere in the country, Miami real estate was defying the trend. At the time that miami's real estate market began to turn around, people were coming form Russia, Europe, Canada and South America to take part in the opportunity that was being presented to them. The latest thing Miami is seeing is buyers from New York who are also opting to purchase Miami condos on the beach. The owner and founder of Oceanfront Realty, Walter Abolsky has always had many clients from New York, but they have been cautious in the recent past. Now that Miami homes are selling again, New Yorkers are regaining interest in purchasing in the Miami area becauseMiami homes are becoming scarce and the prices are rising as a result.

New Yorkers appeared to be timing miami's real estate market as they watched prices continue to fall. Around mid-2011, it looked as if Miami real estate hit its lowest point and savvy investors started buying. Those who decided not to do so at that time are paying for their mistake with a 15 to 20 percent increase in what they would have paid had they purchased last year. To keep from having to pay even more, New Yorkers have recently been relocating their homes and businesses to the Miami area so that they can enjoy the fact that Florida doesn’t have an income tax and has homestead protection; a bonus is that they are wallowing in some of the greatest weather in the country.

When real estate was booming in Miami, investors were making an incredible amount of money with their properties and more and more people wanted to become engaged in the industry. This fact caused an upward pressure on housing prices that rose much faster than they did in other areas in the country. This real estate was so popular because of the fact these condominium homes are in such innovative, new amenity-rich buildings in pre-construction right on the ocean. The other reason is that Miami is a favorite of those who do business internationally. Even more buildings are in the pre-construction phase, and the area is in the works to receive a new port that will be larger than the others in the area. The Miami area is becoming the main place for foreigners who are operating their businesses in the United States.

Walter Abolsky has stated that the best is yet to come for real estate in Miami. With the massive home price appreciation that has occurred, Bell believes that it will take much less time for the housing market to improve than the three to seven years she thought it would take. The fact remains that foreigners are the most important part of this market, but New Yorkers will continue to be an important element as well.

11
Apr

New Construction is Back in South Florida!


Beginning in July of last year, spending for construction purposes increased in the Miami area, and it continued in an upward direct for four month in a row last year in Broward County. As a result, Broward County caught up with Miami-Dade County for real estate-related spending. A lot of this spending is because of an increase in the construction of custom-homes, according to Bernie Navarro of the Latin Builders Association. Notable areas where this is occurring are Key Biscayne, Coral Gables and Pinecrest, locations where building had slowed to a stop. Although some people employed in the construction industry are losing their jobs, the rate at which this is happening appears to be slowing down. The trend also led University of Florida economist David Denslow to state that he believes the financial outlook is much better than he thought it would be six months ago when everyone thought there would be a double dip recession.

Hallandale Condo Sales

Hallandale condo sales also increased last year. Hallandale condo sales rose to the level of 140 units per month. In 2010, these condos were only selling at a rate of 120 units per month. The 20-unit increase is believed to be due to investors who took advantage of these homes’ lower prices.

Single Family Homes in Miami

Those who are looking for single family homes in Miami are taking advantage of the new trend of increased activity in the real estate sector. Single family homes in Miami and pre-construction condos are both showing an increase in sales. One of the main drivers of this action in the pre-construction arena is the Apogee Beach Hollywood condo. Jorge Perez of the Related Group stated that the Apogee Beach Hollywood condo is what is responsible for his ability to build a new condominium tower. In the neighborhood of the Apogee Beach Hollywood condo, Perez will be building a tower with 31 floors of glorious condominium homes and hotel suites with a view of the Intercoastal Waterway.

In December of 2011, Perez and the Related Group began to build a 23-story condo in Apogee Beach, even though all units had not been sold. By January of this year, 41 of the 49 condominium homes at the Apogee Beach have been sold.

The Related Group has even more on its plate with the new MyBrickell that was set to be built in February. According to the Related Group, a full 80 percent of the units are in the contract phase, and everyone has already offered their deposits of 20 percent of the purchase price. This project is distinguished by the fact that it is the first real estate project to be built in several years. Miami residents can expect even more condominium homes to be built in the wealthiest sections in the near future.
 

28
Mar

Sole Condo Hotel in Sunny Isles Beach

Sole Condo Hotel in Sunny Isles Beach

The Sole Condo Hotel Sunny Isles is a new building with 24 stories of stylish condominium homes. Guests will discover that they are only 15 minutes away from the Ft. Lauderdale Airport and only a 20-minute drive away from the fabulous South Beach. Those who are staying as guests or permanent residents will be able to partake in the food service that the building offers at its Breakfast Bar and the grilling by the poolside that takes place daily from 12 o’clock until six o’clock in the afternoon.

Some of the other services at the Sole condo are the private fitness center and the special care the staff takes of guests at the pool and on the beach. These Sunny Isles condos are notable for the spa it features on the property that is separated into men’s and women’s portions with each side containing its own steam sauna and dry sauna. People may feel free to make an appointment at the spa for a massage or any other treatment they desire to have done for the day.

Residents and guests are also welcome to spend time in the building’s Alba Lounge between the hours of five o’clock in the afternoon until 12 o’clock in the morning on weekdays. On weekends, the lounge is open an hour later, and it is a place where people will be able to enjoy the special events that go on at the Sole Sunny Isles Beach.

The building makes it mandatory that all guests accept the luxury of having a valet park their vehicles. The children are always entertained because the Sole Condo made accommodations just for them with the Sole Kids Club. The building even has its own restaurant, the Alba, where guests and residents have the pleasure of enjoying the food common to the Mediterranean, the place where the Sole’s designers received their inspiration.

The inside of this Miami real estate follows the Mediterranean theme with designs by French interior designer, Stephane Dupoux. Also designer of high profile establishments, such as the Nikki Beach Club in the city of Miami, the Buddah Bar located in New York and the Cocoon found in London, Dupoux is an interior designer of magnificent proportions who leant his talents to designing the inside of this hotel.

No matter how long their stay will be, everyone who enters the hotel has several comforts that make the amount of time they are there a gratifying experience. The Infinity Edge swimming pool and staff ready to serve their needs by the poolside or on the beach help people travel to another world of luxury.

26
Mar

Sands Pointe Condo Sunny Isles Beach

Sands Pointe Condo in Sunny Isles Beach

The Sands Pointe in Sunny Isles Beach tells people everything they need to know about this building. They are going to have the privilege of living in a home with all the modern comforts practically right on top of the beach’s pristine sands. Residents of the Sands Pointe really love their neighbors; they are the intense waves of the Atlantic Ocean to the east of them and the glittering of Miami’s skyline to the west.
The market for Sunny Isles Beach condos has been increasing in recent years with sales, purchases and rentals growing at a rapid pace. It doesn’t surprise anyone that as Sunny Isles Beach real estate has become available people are racing to grab a piece of it because of the allure of the Atlantic Ocean. What residents receive when they live in this building is the sense that they are visiting an exotic location, but they are living in their own homes!
Every floor of the building only has eight condominium homes. This places privacy at the top of the building’s best features. This Sunny Isles Beach real estate has two-bedroom and three-bedroom homes for sale that range from 1,530 to 2,120 square feet. At its location at 16711 Collins Avenue, it has Miami Beach on one side and the Aventura condos on the other. Because of where the Sands Pointe in Sunny Isles Beach is located, it only takes residents a couple of minutes to arrive at Miami’s international airports. Residents also can treat themselves to a shopping spree at some of the best stores in town or a meal at the most coveted restaurants. The best place to be for any family is at the Sands Pointe.
The best amenities that people could expect from luxury beachfront real estate will be found at this building. The Infinity Edge swimming pool offers residents more than just a wonderful place to swim because people have lounge chairs and daybeds for enjoying the sun and a café with wait staff that keeps them from needing to leave the comfort of their seats. The chair and umbrella service the building offers gives people the option of sitting directly on the beach near the water. Taking care of their bodies is convenient with the wellness center and the fitness center the building has on the grounds. Working at home can even be easier in the building’s business center or they can take the time to play in the billiards room or host a party in the party room.
 

24
Mar

Icon Brickell Condo Downtown Miami

Icon Brickell Condo Downtown Miami

The Icon Brickell is known as a building found at a highly desirable location. Everything around the building is impressive, but what residents receive from the staff at the Icon Brickell in Miami is constant attention to their needs 24 hours a day, seven days a week. This one fact helps to make the Icon Brickell Downtown Miami one of the most alluring towers of condominium homes around.

The three towers of the Icon Brickell MLS take up 10 full acres of land, and are more than just condominium homes. This Downtown Miami real estate can boast of its own park that is easily approachable by every resident of the three towers. Luxury buildings in Chicago must have been the prototype for these Downtown Miami condos, but the sight of palm trees nearby never lets residents forget they are in southern Florida. The lobby’s unbelievable design came from the brilliant mind of Philippe Starcke who sought to make the Icon Brickell stand out amongst the work he has done on other buildings.

The Icon Brickell in Miami is known as a luxury condominium building because of things like the valet that is charged with parking the residents’ cars. In each of the several floor plans, residents of the Icon Brickell Downtown Miami have their own terraces with a glass railing for safety. From there, residents have some of the most amazing views of the Biscayne Bay. They can also spend time close to the bay at one of two parks where they can have a leisurely lunch enjoying the scenery underneath the many palm trees.

When they arrive at home to their Downtown Miami condos, they will not feel as if they are inside because of the nine foot ceilings. They will be able to continue to enjoy their spare time because the staff can be summoned to take care of their dry cleaning, their laundry and even their household chores.

The Icon Brickell MLS is a building that has a café where residents can have a meal when they do not feel like cooking. They will be comforted to know they can have this meal in complete and total privacy as the café has been built to provide this luxury. If they need to work off the calories they ingest, this Downtown Miami real estate has a private gym with opportunities for workouts with cardio equipment, free weights and aerobics classes. Residents also enjoy more relaxed activities at the Icon Brickell by sunning themselves on the sun deck where they will also find a cooling pool. People will not be able to find a pool larger than the one at the Icon Brickell in Miami.

They can purchase a beautiful condominium home, or they can choose one of the penthouses. They will be able to select the type of cabinet they would like from the brand Dellacasa, and countertops made of either granite or limestone. The Icon Brickell Downtown Miami condominiums have refrigerators by Sub-Zero, a cook top, oven and dishwasher by Miele and a garbage disposal. It’s not easy to create a building that can stand up with the resplendency of the Biscayne Bay, but this building has managed to succeed.

20
Mar

Bath Club Condo Miami Beach

Bath Club Condo Miami Beach

Living at the Bath Club condo means that people are close to the best areas in Miami, including South Beach and Bal Harbour. People may recognize the name, “Millionaire’s Row,” an area right on the beach that is one of the most highly coveted pieces of real estate in Miami. This is exactly where they will find the Bath Club in Miami Beach, right in the middle of the most exalted location on the beach. This building is the one to seek when the utmost in luxury is one of the main requirements.

A Bath club apartment means that people have several different options for the type of residence they would like to purchase. They have a choice of one of six villas that are located on the beach. They may also choose to buy one of the 112 condominium homes. Whether they are in one of the villas or one of the condominiums, they will be able to take part in the building’s fitness center and the spa. For recreational sports, they have tennis courts and a swimming pool, or they can spend time in the hot tub. They also have choices for indoor recreation, such as billiards and other games in the game room or dancing in the building’s ballrooms. This building offers plenty of opportunities for enjoying a serene existence when they are sitting by the poolside in their own private cabanas or walking through the courtyard, the walking gardens or the landscaped grounds.

The staff of this building is prepared to offer residents an existence that makes them feel fortunate to be living there. Residents who would like to have a fine dining experience may do so here. They can have every need met just by contacting the building’s concierge. A security detail is on the premises 24 hours a day, and they also are privileged to have the services of a valet. The building has a gourmet store on the grounds for the pleasure of the residents, but these people are not resigned to doing their own cooking. They can take advantage of the building’s catering services, or they can order from in-residence dining.

Residents barely have any reason to leave the building’s grounds, but the beach and the Atlantic Ocean offer residents two rare reasons to venture outside. Sometimes, the shops at Bal Harbour and the nightlife at South Beach give people reason to leave the luxury and comfort of their homes. The building even has a newsstand.

20
Mar

Luxury at Mei Miami Beach Condo

Mei Condo Miami Beach

Luxury condominium buildings have a new addition called The Mei Miami Condominium. These Miami Beach condos have what is not often found in this area: an Asian influence. The building is not lacking in modern technology, but residents also have a Tea Lounge and a Zen library to enjoy. For those who take pleasure in a modern experience, the building contains an up-to-date fitness center and a spa. They also have the option of visiting the beach whenever they like. Residents of this Sourh Beach real estate are also very close to all the events and occurrences in the city of Miami Beach. If they have received their fill of everything going on around them, they just need to retire to their homes to experience the serenity of their own private spaces.

The Mei Miami Beach gives residents several choices. Some people like to customize their homes to their own specifications, but those who would prefer their homes to be ready to move in can choose this option. Those who would like to hire someone to decorate their homes can select a unit that has not been fully completed. After their homes have been chosen, they will be able to take a swim in the lagoon pool that offers them a marvelous view of the Atlantic Ocean. The building also has an Infinity Edge pool and a misting pool that residents may visit. Whenever they are in the mood for a more tranquil experience, they just need to walk through the building’s tropical gardens.

Located on Millionares Row, residents of this building always have the comforting and familiar sounds of the ocean around them. Residents have many things they can do at this building, including taking walks on the beach, taking a swim in a pool with a view of the vast waters of the ocean, having a massage at the building’s own spa or remaining in the luxurious comfort of their own homes. For being residents of the building, they will have the benefit of a concierge 24 hours a day, security to ensure the safety of the building and a valet that will park their cars. If residents desire to have high-speed Internet, satellite television, telephone service for local as well as international calls, voice mail and music or video libraries, they have the wiring to fulfill these desires.

This building occupies a space on Millionares Row near the Fountainebleau, the Bath Club and the Canyon Ranch Miami. To find some of the best shopping and the finest dining in the area, residents only need to travel a short distance to Bal Harbour and South Beach. Make this building your new home and start enjoying luxury living at its best.

19
Mar

Apogee Condo in South Beach

 

Apogee Condo in South Beach

 

The Apogee Miami is a favorite of many. Just a few of the reasons for this has to be the Infinity Edge pool that can be found in the property’s garden, the most up-to-date spa facilities and the fitness center. Situated on 2.88 acres, the building contains common areas and a lobby that were created by renowned designer, Yabu Pushelberg. It also has a party pavilion.

The Apogee condos come in a large range of sizes with the smallest being 3,000 square feet and the largest being 4,200 square feet. The inside of the condominium homes exhibits a large appearance with 10 foot high ceilings and balconies that span 11 feet wide. Kitchens are not lacking in the Apogee because each condominium home has several. The summer kitchen is located outside and gives residents the chance to cook outdoors. The midnight kitchen has a sink, refrigerator and bar that is located within the master bedrooms and offers residents the opportunity to fix a midnight snack without having to go out to the main kitchen. The residences also have two gas fireplaces for the comfort of residents whether they are in the living room or the master bedroom.

Each residence in these South Beach condos is entitled to its own private garage that fits two vehicles. Each resident of the condos in Apogee can choose to create their own lighting schemes, and they have many other opportunities to make their new homes their own masterpieces.

These condominiums are known as SoBe real estate because they are located in Miami’s South Beach area. They are in the best location for living the most luxurious existence right off of the Atlantic Ocean. They can make their Sieger Suarez-designed homes into anything they like as they customize their homes to their own tastes. Every floor only contains four condominium homes that have private elevators that take each resident directly to their doors. The only word that can be used to describe these features is private.

People love this building because of the stunning views of the water and the beaches as well as the many different options they have for trying new cuisine. There is no lack of nighttime entertainment in the area, and residents can find several opportunities to enjoy the arts and cultural activities that are common in the neighborhood. The many educational options parents have to choose from makes it easy for everyone to be satisfied with where their children will be attending school from elementary school all the up to the university level. With normally sunny weather most of the year, the climate makes it possible for people to enjoy their favorite outdoor activities.

This building has not been following the trend of depressed real estate. People have expressed an immense amount of interest in these condominium homes over the past two years. Within that time, the price has increased by $423 per square foot, and it shows how interest in these homes has been rising at a maddening pace.

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