NEWS & POSTS

Virgin Voyages Steps In With a New Terminal in PortMiami

Virgin Voyages, which is known for its leisure vacation products, is now all set to take over Miami with its new cruise ship terminal at Miami Port. The company launched its plans for building a two-storied terminal at the Miami port for its two cruise ships – Scarlet Lady and another one which is currently […]

USA Still World’s Largest Real Estate Investment Destination

More than $450 billion found its way into U.S economy from other countries in 2016, making the U.S the country with the largest Foreign Direct Investment in the world. From the Bureau of Economic Analysis at the Department of Commerce’s report, it can be assumed that foreign investment in the United States continues to maintain […]

Trump Organization’s Marketing Stunt: $50 Million Penthouse For Putin

Since Trump has been elected as president of the United States of America, there have been several controversies revolving around him. From the moment he became the president there has been constant protests and allegations against his unfair and sexist ways. And just like that, we found the president under the bus once again. As […]

Soaring Among the Clouds: The Panorama Tower

Miami has become one of the world’s most exciting gateways to a plethora of luxury living amenities – world-class dining, entertainment, arts, culture, and professional sports. At the heart of Miami is the renowned Brickell District that – over the years, has seen huge developments of its own. It is here, at the Brickell District, […]

Relief For Borrowers – 30-Year Mortgage Rate Falls

Mortgage rates in the U.S have always been a point of concern for prospective buyers interested in the market scenario. Fortunately, this week witnessed the 30-year-old mortgage rate drop to a whopping average of 4.57 percent. Mortgage rate has been declining steadily over the past few weeks, settling into a number of 4 instead of […]

Related Group Looks Forward to Expanding Its Wings

Related Group, one of the country’s largest real estate conglomerates, had subsidiaries of the group recently file for three new, cheap and cozy housing buildings in Little Havana. The Gallery at River Parc LLC, under Related Group, is planning for a 150-unit building at 750 Northwest 13th Avenue and Brisas del Rio Apartments; another tie-up […]

Oceana Key Biscayne: The most expensive Penthouse listed for sale at $24.9 million

Redefining Luxury The joy of buying one’s own house is indescribable. Naturally, we do not think twice before splurging quite a bit when it comes to making our homes look like the one from our dreams. Oceana Key Biscayne is the place straight from your dreams. The entire place has a swarm of luxurious ocean […]

Miami City Is Considering Micro-Size Residential Units of 275 Square Feet

Officials at the City of Miami Planning Department are planning to reduce the minimum residential unit size to 275 square feet from 400 square feet. The Miami 21 zoning plan of 2009 currently limits the residential units to no less than 400 square feet. This resolution would create a new category –the  micro-unit. This is […]

Mega-Project WorldCenter Expected to Change the Landscape of Downtown Miami

Brickell is one of the fastest growing neighborhoods in Miami and home to a flourishing financial district. It serves as an epicenter for international businesses and is a very popular destination among locals. Brickell is a significant part of downtown Miami, which is undergoing rapid changes towards becoming more relevant. The immense potential for investment […]

Luxury Miami Condos Already Include Landing Pads for Flying Cars

In many science fiction stories and movies we have seen about flying cars. Yet, it is all set to become a reality for rich people in Miami, Florida! The richest segment of the population will be able to fly by air avoiding all the traffic and the rush. They will also see the city from […]

Luxurious Penthouse for Sale at Staggering Record Price of $68 Million

At Eighty Seven Park – a 66-unit building at 8701 Collins Avenue in Miami Beach developed by Terra, a Duplex Penthouse has been put up for sale for a staggering price of $68 million. Is sold, this residence will beat the earlier record for the highest residential sales in the state of Florida. The previous […]

Low Mortgage Rates: The Best Time To Buy Properties Is Now

Dwindling Mortgage Rates Buying a property comes with its own set of challenges. The major hurdle, however, is financial in nature. Mortgage rates have been sky-high for a long time. This has been delaying investment decisions for a majority of the property buyers. However, a major sigh of relief is now offered to the buyers […]

Foreign Buyers Invested $7 billion on Florida Homes in 2017

Foreign investors have spent $7.1 billion on houses in South Florida, despite the residential market’s lackluster year. This is up nearly 15% from last year’s $6.2 billion. Not only is the invested amount more than last year, but the number of purchased properties are also on the rise. In 2017, international investors purchased 15,400 properties, […]

Florida State GDP Exceeds Most Countries in the World!

Florida is the southernmost state in mainland United States of America. The state is populated by more than 21 million people. In the past few years, the state has seen a very steady growth. Florida had seen her economy rising at a steady rate through the years. Job opportunities are growing in the state with […]

Florida Has Become a Tax Haven for Rich Buyers

Ultra-wealthy buyers from all over the US are moving to Florida to escape the high taxes in their home states. They are buying multimillion-dollar homes and condos to establish residencies. These out-of-state people are mainly top-earning hedge fund managers, successful entrepreneurs, businessmen, CEOs and, high-paid real estate agents. They are moving from states such as […]

Florida Commercial Real Estate is Strong – Chinese are Star Investors

In 2017 Florida was the nation’s top state for foreign commercial property investors Florida has always ensured a solid return for both domestic and global investors and by and large, for people interested in real estate, Florida topping the foreign investment scene wouldn’t be surprising. In 2015, Florida also ranked fourth for international capital flow […]

David Beckham is Planning to Build One of the Largest Retail Centers in Miami

The retired football (soccer) star, David Beckham, proposed a plan to build a Major League Soccer Stadium in Miami. The proposal by David Beckham and his business partners, led by Miami executive Jorge Mas, includes 25,000 seat stadium, a hotel with 750 rooms, a restaurant, 23 acres of youth football pitches, retail and office space, […]

Climate Change: Messages from Artists at Art Basel Miami

If you are a resident of Miami, chances are staggeringly low that you haven’t heard of Miami’s biggest annual exhibition event: Art Basel. Revered by artists and collectors of art, the event always sees a large number of art pieces that try to convey the artists’ concerns regarding climate change. Impressively, this year, the exciting […]

Brickell City Centre Gets Green Light For Expansion

On Thursday, the Miami City commission gave the green light to the Brickell City Centre for the expansion of its special area of more than 100,000 square foot annex for $1.05 billion to its name on the first reading. Needless to say, two new mixed-use towers are on their way. Colombian Businessman, Carlos Mattos, will […]

Bacardi Heiress Sells Ultra-Luxury Mansion to Singer Marc Anthony

Marco Muniz, better known as Marc Anthony has always been one of those singers who has remained at the top of the charts. He is one of the most popular salsa singer the world has ever seen. He is not only known for his hits on the Billboard Chart but also as an actor and […]

Al Capone’s Lavish Miami Mansion is for Sale at $15 Million

The Miami Beach house that belonged to the infamous gangster Al Capone is something out of a dream with its private beach, a two-story Cabana, a pool, its location on Palm Island and of course, it’s historical importance. Built in 1922, Al Capone bought it in 1928, following his release from Alcatraz. He purchased the […]

Airbnb to Change Living Spaces with ‘Backyards’

Airbnb is famous among tourists because of the one of a kind experience which it offers that helps tourists connect with the locals and the place at a deeper level. Up till now, Airbnb has been a leading force in the hospitality and tourism industry by providing authentic living spaces to tourists and giving them […]

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