Luxury real estate in New York, Los Angeles and Miami are still preferred metro areas for foreign investors and, Brickell, the financial district of South Florida, continues to be South-Americans’ favorite in 2022.
For the immediate future, Miami will face a growing demand from affluent Brazilians as previously seen with Chilean, Colombian, Peruvian and Mexican investors where these economies have politically turned to the left.
Even with the extra premium investors have lately faced, converting volatile and devaluated currencies as a result of political turmoil in the region, South-American affluent capitals continue to seek refuge in more stable economies than their own. South Florida’s Real-Estate gains favoritism at times when inflation reached 8.2% for the 12-month period ending in September 2022.
This international phenomenon makes Miami housing-market a little less volatile to domestic conditions such as rising interest rates. The largest number of cash buyers are in the Luxury and Extra luxury cash markets; Over half of luxury consumers plan to fund their purchase via cash.
Miami luxury and extra-luxury market continues to break records year after year announcing new condominium developments every month and shaping a new kind of city: modern, productive and vibrant not only hosting seasonal residences as it did on previous decades but now as an attractive alternative for primary residence of high-level executives.
Blokhaus Real Estate + Investments brings you attractive new opportunities for the extra luxury pre-construction segment in the Brickell area:
The Residences at 1428 Brickell located in the heart of South Florida’s Financial district, will host 189 extra-livable luxury homes exquisitely designed by the world-renowned Italian architects ACPV. Its extraordinary design was inspired by nature with a delightful façade that appears to be shaped by the wind.
St. Regis Brickell with unique luxury amenities in a recently redesigned exclusive tower for a superb urban waterfront spot. Residents will truly have it all: A private marina in a magnificent Brickell location. Waterfront amenities, bayfront infinity pool and gardens, sky lounge, Salon, Pet spa and butler services to name a few. St. Regis will host 11-foot ceiling residences with floor-to-ceiling spectacular unrestricted water-views.
Blokhaus´ local expertise will accompany and guide you through a curated selection of the best luxury developments that suit your specific investment needs.
We invite you to take advantage of the rapidly evolving Miami vibes, with a pro-business public-policy that effectively continues to attract companies to permanently relocate here. South Florida today is a hot spot for innovation and finance, a perfect setting for solid investments. The time to buy urban luxury is now.