February 28, 2014
February 26, 2014
With the upcoming introduction of new opportunities in Orlando and Miami, so we’ll focus on the interests of Florida for foreign investors.
Of the 327,000 transactions recorded in Florida for the year 2013, the value of this market is estimated at $ 74 billion . But it is important to distinguish between foreign investors representing 22,572 transactions totaling $ 4.6 billion , or 7% of trade and revenue.
According to the same study by the NAR (National Association of Realtors ) , two thirds of realtors recognize work with foreign investors against a national average of 27%.
It is the same way , important to take into account the fact that 80% of surveyed real estate agents face customers in a large majority considers Florida more affordable than their country of origin, many equivalents . In addition, 31% of respondents admit also experience an increase in foreign investors in Florida against 21 % on average nationally.
The trend is even more interesting when we know that foreign investors pay a median $ 216,000 to purchase in Florida against $ 146,000 in the rest of the country and $ 187,000 median acquisition for locals prices. In addition, 84% of transactions are made in cash!
Florida actually has many interests. Zones developed Ultra tourism , Miami and Orlando are both extremely active centers with the main areas of activity.
Tourism of ” Entertainment ” is a mainstay of the Florida economy. Orlando has more than 65,000 employees in various departments of parks. In addition to providing a mild and pleasant climate , Florida has still interesting investment opportunities that follow the 2006 crisis and big discounts we have seen .
In addition , the U.S. government , specifically federal , causes to maintain this momentum by adapting facilities and services provided to the growing demand . The Orlando airport will be expanded to increase the carrying capacity and the annual flow of travelers. The potential addition of another and another parking and terminal processes to automate certain tasks that Orlando Airport aims to become a focal point of Florida to better serve the surrounding towns . Direct lines from Paris are also considered some European companies.
Finally, argument size , the price of a gallon of gasoline is at its lowest this year in Florida.
February 25, 2014
Shopping Tours in Miami foreigners are not only large clothing and appliances, now also roam the city in search of condos and properties that , due to the mortgage crisis, rates are achieved by trinket . “These are perhaps unique opportunity to buy . The prices today are in Miami Beach who knows if it ever will be repeated , “he told AFP Michelle Iglesias, Agent Keyes , a renowned local firm of property … In South Beach, the most touristic area of Miami and most sought international investors , European and many Latin Americans , competing for cheaper condos range between 70,000 and 100,000 dollars, which is considered price will go up soon .
In other areas further north , less touristy , there are apartments ” For Sale” $ 50,000 .
Narrow operation who come from abroad should be a corporation, which is often done through the property itself at low cost, for the payment of annual taxes .
“Many buyers Brazilians , Venezuelans and Argentines are buying very cheap apartments in Miami Beach, but also units category , at a great price , Brickell Area ,” a signature Weichert agent , who declined to give his name.
“Latin Americans here will get prices that are much lower than other beach destinations in South America that have much less potential than Miami ,” he added .
The properties in the Miami area were down 47%, almost half the value it had in 2006 , at the peak of the so-called housing bubble , according to the Case- Shiller & Poor ` s Standard index of property prices .
Analysts warn that the market will not recover until the portfolio is reduced in the hands of banks , which are sold at a bargain price , and to improve the labor market in the United States.
“Unemployment is still high , people are afraid they can not afford housing costs and is very difficult to get credit ,” said Maureen Maitland , vice president of industry price index properties of Standard & Poor’s.
About 5,000 properties, including homes, condos and commercial real estate are held each month of the unpaid mortgage banks in the Miami area and around, according to the specialized site Condovultures Realty, which currently has a database of 236,000 foreclosed units in south Florida .
With a huge supply, prices have not fallen by more than were largely supported by strong foreign demand, according to the Realtors Association of Miami in its November report.
The organization notes that ” international buyers are pumping strength ” in the property market , which begins to show some signs of recovery , according to its president Oliver Ruiz.
Beatriz Lamanda , Venezuela , invested $ 80,000 in the purchase of two condominiums north of Miami Beach.
“I’d rather put the money in propieddades to leave on the bench. In a few years I will have a good difference because prices will certainly go up , “he told AFP.
Others opt for luxury real estate investments that can provide greater long-term profitability.
In the building, ” Icon” , a complex of three towers, designed by French Phillipe Stark, in the financial district of Brickell , the most modern city , apartments sold for $ 250,000 two years ago were $ 370,000 .
“We have sold 350 units in recent months . Most buyers are international in countries like Venezuela , Argentina and Brazil. Also in Colombia , Italy, Mexico and Canada , “he told AFP Alejandra Castillo, Fortune International .
In the same area condos are achieved for less than $ 100,000 left in the hands of banks , and up to two bedrooms and two bathrooms for $ 130,000.
Many of the towers that were built between 2007/2008 in downtown Miami , the apartments were bought with a payment of 20 % and a mortgage for the balance remembered .
But the recession and the resulting decline in the value of property ruined the business wanted to condominiums as an investment, and failed to pay , leaving the buildings in the hands of banks.
The disaster in the condo market ” was destined to happen because many promoters sold too many units to investors who would not live in them ,” said Lewis Goodkin of Goodkin Consulting firm based in Miami .
“That created a false demand drove up prices ,” which then fell sharply to a market that could not find buyers and can not find a flat depressed , he said.
Daniel Lemin came from France for work for three days , and contacted a local realtor to see apartments.
” It’s a great time to invest. And while I wait for prices to rise I have an apartment in Miami to use or rent , “he told AFP.
The rentals are located between 700 and 1,000 dollars, depending on location, for properties of a bedroom and a bathroom .
In some cases these amounts only sufficient to cover the annual common expenses and taxes, so the investment should be seen as a long term bet expected to improve the market , say industry experts.
If you are looking for the best place for your family, then this city promises to provide family friendly activities as well as rest and relaxation amenities and services which is highly anticipated by many of the visitors of this part of Miami. Experience a new life, and what better way to do so than to come right down to Southern Florida so you can truly experience Miami today!
With over thousands of luxury condos being built as we speak, it promises to take what South Beach used to have on their plate: an ultra-exclusive family-friendly city. Despite being a shadow of South Beach’s uprising a decade ago, North Beach seems to hold it pretty well in every field, and the best part of it is that they are really serious in making a city that can be both enjoyed by adults and kids.
Having a decent amount of entertainment and leisure, as well as fine dining, you do not have to travel a few minutes away just to enjoy something good. Everything you need is in this city. Although these are mere speculations, the city of Miami is well prepared for anything that comes in their way… whether good or bad. They don’t have to look any further that this great part of Florida, as this is definitely paradise in the United States. Experience Miami Beach today!
It is safe to say that there are literally a handful of options to choose from in this fabulous real estate location. Plus, with Miami Beach luxury condos being near all the action, some of many potential home buyers often prefer to take their buying options down to properties that they can either rent or sell to potential buyers looking for the perfect escape.
We can always look at the rich history of Miami in terms of real estate activity. Because not only is Miami one of the more subtle locations that anyone can look forward to, the real estate options that are granted to potential homebuyers who come here looking for home property gems. Despite being a shadow of Florida’s uprising a decade ago, the Miami luxury condos market seems to hold it pretty well in every field, and the best part of it is that they are really serious in making a city that can be both enjoyed by adults and kids. So if you have plans of investing on a great real estate property, always consider the best in the business – Miami!
If you want to know where a lot of today’s stars choose to live, you should look over to the city of Miami Beach in South Florida where many of the most famous and successful people have decided to sweep up some outstanding Miami Beach luxury homes to turn into their very own home properties since the city really is among the most amazing locations in the United States.
Being a city that offers people with an exceptional way of living, it only makes sense for superstars to choose to live in this phenomenal city where each day is literally just a walk down the beach where the sun is always shining and the weather is always nice and warm.
Of course, it really helps to know that the local property market has some of the most fantastic real estate options in the country today which is why stars like Oprah, Jay-Z, Beyonce, Anna Kournikova, and even Ricky Martin have decided to go for Miami Beach luxury homes. After all, who wouldn’t want to have a piece of the most superb real estate properties on the planet?
While it is true that Miami Beach luxury homes tend to go on the property market for many millions of dollars, stars often find that the quality of living that is provided to them by each of these spectacular home properties is really worth the money that they pay.
From the very architectural designs to the subliminal views of the surroundings that these home properties are able to compliment, and most especially the comfort and absolute luxury that these world-famous people are able to indulge in whenever they are within these sensational homes, Miami Beach luxury homes really do take the prize when it comes to being the best options on the luxury real estate market since anyone should know that the stars that live in the area really do have the choice to live just about anywhere they choose, but the fact that they choose Miami Beach says a lot about what it has to offer.
Now, being the city location that is chosen by such wealthy individuals, it is only fair for people to find that the actual value of Miami Beach luxury homes is sure to go up because of the fact that people will tend to want to go for real estate options that have already been chosen by their favorite stars.
October 6, 2012
Miami is one of the best places if you are planning to make an investment. There are plenty of investment opportunities that you will face while you do your search in this fantastic city. The city can provide you numbers of options and of course you can get the best property for yourself. And when it comes to Miami commercial real estate market, you will find plenty of alternatives that you can pick out.
And if you are planning to set your business in this city, well there are plenty of office spaces in Miami commercial real estate that you can pick out. There are really plenty of options that you can pick out. You have the opportunities of leasing your own or even sharing a single complex with other people which is a practical alternative for those first time business owner. You just have to know what your business in order for you to find the suitable commercial property as needs ensure that it can provide you the positive effective on the company.
When choosing the right industrial property in Miami, it is always important to verify each aspect that can affect your business. It is important to start with the location of the property, your advert as well as other features. These are the factors that can affect your business thus you have to maintain this the right way especially if you prefer to lease real estate yourself. But once you prefer to share the building with other businesses, then you have to make sure that you are ready to face numerous issues that may happen. This could not be a good solution because this can turn into difficult. Challenges and competitions start in case you have the same concepts for your business. You will surely have tight competition particularly since you are sharing s single real estate. This will not be a good beginning particularly for newbie entrepreneurs.
Miami commercial real estate also provides other sorts of real estate. There is also industrial real estate that can be ideal for manufacturer as well as storage. These properties will be ideal for huge business that is looking for base location. But if you see the commercial property is too large for your business, then you can choose to sublease the spare space that is avai8lable. With this you will be able to save portion of your rental fee. If you really want to have a booming business, then you need to look for the best Miami commercial real estate property. But you have to make sure that you are picking a property that will meet your company requirements.
When searching for the perfect commercial property, it is always important to give your dedication and time in searching for the right property. Now you do not have to go somewhere else because through the internet you will have a great chance of searching the right commercial property for your business.
If you want to succeed in the world of commercial real estate, you should make sure that you do so in a market where you are sure to receive a good amount of business. Now, there is one particular market within a location that is sure to be capable of providing heavy amounts of business due to the fact that it is a leading tourist spot within Florida and that market is none other that the Miami commercial real estate market.
Located in the sunny state of Florida, people can expect Miami to be one of the few places that is always filled with all sorts of people that usually come from all around the world. Who wouldn’t want to spend time in Miami? After all, it has such fabulous weather that is made even better by the fact that its international flair and unique vibe makes it among the most enjoyable places in the United States.
Now, people that want to make it big by venturing into Miami commercial real estate will find that there is a good amount of preparation and learning that needs to be done before making any major decisions.
Developing A Business Plan
Just as a soldier will want to make sure that he always has enough ammunition, those who want to invest in the Miami commercial real estate market will have to develop a good plan because this is what will fuel the investment as a whole.
Looking into your available resources is definitely going to be a major component in developing your business plan which is why you will want to make note of how much capital you are willing to put into your investment so that you can actually sit down to look at the actual figures. If lending is a part of the plan then you should also include the particulars for that since that too will be an important aspect that you will have to keep in mind. Basically, you need to make sure that your strategy is laid out so that you have no room for error when you get things rolling into motion.
As you proceed to make the business plan as concrete and realistic as possible, you will want to specify the details that pertain to the Miami commercial real estate market in terms of what properties are offered and which ones are most likely to provide you the results that you have intended to achieve over the duration of your investment.
There are a lot of options to choose from on the Miami commercial real estate market; multi-family commercial real estate properties, retail spaces, office buildings, and so much more. To make sure that you are aware of all your possible options, it is best that you consult with a skilled real estate agent that specializes in commercial real estate within Miami so that you know exactly what you can work with as you work towards achieving the best success that you can possibly achieve.
October 3, 2012
Everyone has the right to these personal reasons anyway; it could be the simple fact that they are sick of living in generally cold weather, or that the sound of living near the beach has been more than enticing, turning it into a notion that had turned into more than just a dream, it became a long-term goal that needed to transpire. Whatever the reason, you are not alone.
There are some things that you can’t just decide on right away, whether you decide to come to Miami to stay for a week, for a month, for a full year, or for the rest of your life, I am pretty sure that you will have a certain set of reasons for wanting to move to this sizzling summer city that is always bursting with life no matter what time of day it is. Over fifty percent of people in America would jump at the offer if they were given the chance to dwell in such a marvelous city.
If you think about it, there is a reason behind the fact that the airport in Miami is the third largest in the United States – so many people fly in and out of the city for different reasons, and statistics can prove that. Knowing how much activity goes on in Miami Beach, it’s only fair to investigate on the real estate situation in the area, since it will most certainly be a smart venture to get into. All those people who want a piece of the fun that Miami Beach has to offer will need a place to stay after all those active long hours.
It doesn’t matter whether they have been out all afternoon playing volleyball by the beach, or under the water scuba-diving with the fishes, or just spending hours on end at the most banging clubs in the locale; when it comes to resting your tired body, nothing can provide as much comfort than Miami luxury condos. Just because you’ve hit home doesn’t mean that you have to be taken so completely far away from the sight of the water, of course not.
By settling down in one of these luxury condos, you are sure to still capture a spectacular view of the radiant waters. Being surrounded by the waters of Biscayne Bay and the Atlantic Ocean has never felt so good before! No wonder people have made Miami Beach a must-see place to visit during their holidays. Knowing that everything is just a few minutes away from good Miami luxury condos are something that you should never overlook because accessibility is such a grand feature when it comes to property.
Looking for the best options when it comes to real estate investments can definitely be tricky since there are numerous markets within the United States. But one of the main issues that people seem to face when it comes to choosing among the many markets is the fact that not all of them offer as much resilience when it comes to finding the most stable options possible.
Of course, people should know that making an investment involves a good amount of research in order to find out how dependable their options are when it comes to being able to provide the best returns. Fortunately, there is one particular market within the South Florida region that has been able to prove that it can manage to withstand even the shakiest of all market conditions and that market is none other than the Miami Beach real estate market.
While many of the different property markets across the country have been down in the dumps over the recent market crash, there has been so much promising activity taking place on the Miami Beach real estate market and that clearly says a lot about the faith that people have when it comes to this area in particular and there are many different views when it comes to the reasons behind its great strength and resilience.
All that you would need to do is look at the figures that have been collected over the last couple of years and you are sure to notice that the patterns really do look good as far as potentials go, and the best source of such information would be a real estate agent that can show you actual data that shows the most recent trends on the market.
Even during down-times, the Miami Beach real estate market has been very rewarding for those who have taken the time to learn about what the local market has to offer and that is definitely something that potential investors are being encouraged to do, especially while the opportunity to do so at bargain rates is such a fabulous option to take.
Aside from the fact that the Miami Beach area is among the most captivating places within the country today, it continues to be one of the most impressive when it comes to its selection of properties which include many outstanding home and condominium options which are essentially made to bring satisfaction to the diverse range of people that seek for the best that the market has to offer.
If you see yourself living in a new, vibrant community with plenty of luxurious real estate options, then it only means that you see yourself living in Aventura Florida. This community has been recently developed and become incorporated in the Miami-Dade County.
It is conveniently located in half way between the Fort Lauderdale and Miami airports as well as having the bustling city of Miami close by. If you are looking for a community that boasts some of the newest and most upscale community projects, Aventura may be the best place for you.
Aventura offers an access to the Intercostals Waterway, so if you are an avid boater then this is the perfect location for you. It is considered to be the prime location to live, shop and play in the South Florida. Having an easy access to the Miami and South Beach nearby, you can always take advantage all the city can offer while living a luxurious life in one of the homes in Aventura real estate. It has been known as the perfect place for you professionals family to live and is a community that is committed to building its infrastructure and being a full service municipality. Addition to this, it is also known for that excellent educational institution. So if you are about to invest in one of the home in Aventura real estate, you can be sure that your children will be in good hands with an excellent education system.
Aside from those single family homes, Aventura real estate has also gain a reputation as being one of the premium luxury condominium communities with some of the South Florida’s largest scale condominiums developments and apartment buildings. If you want to live the good life, Aventura real estate market has a wealth of luxurious dwellings that will meet even the most discriminating taste.
As you choose home in Aventura real estate market, you are not only choosing a community that has wealth of real estate possibilities but you choose a community that invests in its infrastructure and growth. And with the plenty of shopping malls located nearby at the Aventura mall, you can always shop until you drop. For this Aventura is a perfect place for those people who are longing for fun and entertainment especially those shopping enthusiast. For your information, the city commission has invested in recreation center built along the waterfront that will feature gym, meeting rooms, a computer lab and exercise facilities. Keep in mind that this young and vibrant community has a lot to offer in terms of real estate investment and the community that you are longing for.