Miami, the city of vibrant possibilities, beckons real estate enthusiasts with its pre-construction apartments. But what makes investing in a pre-construction property such a smart move? Let Blokhaus be your guide on this thrilling journey as we unveil the incredible benefits of purchasing pre-construction condos in Miami that will leave you wondering, “Why didn’t I think of this sooner?”
First up, we unveil the secret of appreciation potential. As the construction progresses and the surrounding area flourishes, your pre-construction gem becomes a shining star. By getting in early, you can ride the wave of the ever-upward real estate market, reaping the rewards when the time is right to sell. These pre-construction marvels are often nestled in areas of growth and high demand. As the neighborhood evolves, new shops, restaurants, and improved transportation options emerge, making it a hot spot for all. The allure of the location strengthens attracting more and more eager buyers. With each passing day, the value of your pre-construction condo rises, securing your place among successful visionary investors.
Secondly, developers are eager to get the ball rolling on their projects, and they’re willing to offer discounted prices during the pre-construction phase to reduce the equity part of the project. It’s like a secret club where the early birds get the best prices while helping developers gather the funds needed to bring their vision to life. By snagging these discounted deals early on, you not only save a pretty penny but also ride the wave of wise investment decisions. It’s like getting front-row seats to a spectacular show, all thanks to your insightful timing.
But it doesn’t stop there. Let’s talk about financial ease. Pre-construction apartment buyers enjoy the luxury of a flexible payment schedule. Who doesn’t love that? You can spread out your payments over an extended period, making it easier to manage your finances. It’s like finding that perfect balance between savoring the purchase and maintaining your financial well-being.
Now, let’s break down this payment party step by step. First, you make a reservation deposit to secure your slice of paradise. It’s a small token of commitment, anywhere from a few thousand dollars to 5%-10% of the price, to let the developers know you’re serious about this journey. Then comes the contract deposit that solidifies your intent and can range from 10% to 20% of the total purchase price. As construction progresses, you’ll reach exciting milestones. At each milestone, you’ll make payments based on a percentage of the purchase price. And finally, when the construction is complete and the certificate of occupancy is in hand, it’s time for the final payment. It covers the remaining balance and any closing costs. Furthermore, you are able to take a loan for this part and use financial leverage to increase the returns of investment.
Let’s explore the payment schedule for a condo at 600 Miami World Center located in the heart of Downtown, at Miami World Center:
10% on reservation | Now
10% at contract | Q3 2023
20% at ground breaking | Q1 2024
10% at top-off | Q3 2025
50% at closing | Q3 2026
*All dates are estimates only and can be changed without notice by the developer.
Moving on. Let your imagination run wild because customization is at your fingertips. With a pre-construction property, you have the power to personalize your living space to match your dreams. Say goodbye to cookie-cutter designs and hello to a home that reflects your unique taste and style. It’s like creating a masterpiece where you call the shots, from the finishes to the fixtures and even the layout. It’s your canvas, and you’re the artist!
From choosing finishes, fixtures, and layouts to molding your living space into a masterpiece, you have the power to create a home that resonates with your unique style and taste.
But wait, there’s more! Modern marvels await you. These new construction buildings in Miami come packed with amenities that will make your heart skip a beat. Think fitness centers to keep you in tip-top shape, rooftop decks for those breathtaking views, and swimming pools that make you feel like you’re on a never-ending vacation. It’s like living in a five-star resort, except it’s your home sweet home. For instance, the impressive Casa Bella Residences by B&B Italia presents two exquisite floors filled with an array of luxurious amenities. This exceptional development, located in Miami Downtown, has commenced its construction phase, ensuring a promising future for residents and investors.
- 360 Wellness Center
- Rooftop pool with a lavish lounge terrace
- Pool deck with private cabanas
- Co-working space for the forward thinkers
- Fully equipped business center
- Children’s playroom for limitless joy
- Private observatory featuring a state-of-the-art telescope
- Private cinema for unforgettable entertainment
- Wine room for connoisseurs of taste
- Museum-quality art collection, an embodiment of cultural grandeur
- On-Demand Concierge services, where every wish is granted
So, why wait? Unlock the incredible advantages of purchasing a pre-construction apartment in Miami and let BlokHaus Real Estate + Investments be your guide through this exhilarating journey. Visit our website to embark on the adventure of a lifetime, finding your dream apartment while making a smart investment choice. Trust us, you won’t want to miss out on these real estate investment opportunities. It’s like finding a rare pearl in a sea of ordinary stones, and you deserve nothing but the best!!