Evita estas pequeñas fallas que pueden interponerse entre tu propiedad soñada y tú con estas recomendaciones.
No esperes demasiado para ver una propiedad. Cuando tu agente te llame recuerda que incluso una espera de un día es demasiado tarde. Si la propiedad que te presentan cumple con aquellos criterios que estabas buscando trata de hacer espacio en tu agenda para verla porque sino podrías terminar arrepintiéndote.
No escuches demasiadas opiniones irrelevantes. Claro que tus amigos y tus padres son importantes pero: ¿están ellos al tanto de las variables que consideras para la toma de decisión sobre tu propiedad? Lamentablemente escuchar opiniones no directamente involucradas en tu compra pueden hacer lento el proceso y alejarte de oportunidades que deberías aprovechar.
No te enamores de la decoración sino de la propiedad. Es muy lógico que quien desee vender una propiedad la tenga muy vistosa para captar la atención de los potenciales clientes pero trata de separar las cosas. A fin de cuentas, la decoración terminarás ajustándola tú mismo en la propiedad que elijas así que concéntrate en los aspectos fundamentales.
Por lo vibrante de su dinámica urbana a veces olvidamos cómo Miami tiene atractivos impresionantes para los amantes del mar y en Key Biscayne se encuentran tres que seguro vas a disfrutar.
Seaquarium de Miami. Aquí podrás ver delfines, manatíes, lobos de mar, ballenas asesinas y ocho diferentes tipos de shows marinos en una atracción perfecta tanto para ir en familia y disfrutar el asombro de los más pequeños al descubrir todos estos simpáticos seres marinos como para disfrutar con tu pareja y amigos. Cada uno de los shows es una experiencia para repetir. https://www.miamiseaquarium.com
Bill Baggs Cape Florida State Park Beach. Ubicada en el extremo este de Key Biscayne y generalmente conocida como Playa del Farito, es una experiencia realmente relajante. Se trata de una playa perfecta para picnics, pesca, andar en bicicleta (puedes alquilarla allí) o entregarte a diversos deportes marinos, del kayak al buceo. También es una opción simplemente pasar un día diferente con este hermoso paisaje y si quieres conocer un poco más de la historia del lugar puedes apuntarte a una de las visitas guiadas al interior del faro y a la casa del guardián del faro. https://www.floridastateparks.org/park/Cape-Florida
Crandon Park. 3 kilómetros de playa con una oferta para satisfacer todos los gustos. Si se trata de surf, el lugar perfecto es el norte de la playa con olas perfectas. Pero si se trata de un plan familiar o en pareja, la tranquilidad de la playa al sur y su blanca arena se unen para un escenario maravilloso. Mención aparte merecen el Centro de Visitantes y Naturaleza que ofrece una diversidad interesante de programas y el centro de diversión familiar con pista de patinaje al aire libre y parque familiar frente a la playa. http://www.miamidade.gov/parks/crandon.asp
Condo sales dropped in Miami-Dade County last week.
The county recorded 101 sales for a total of $30.6 million, a big decline from the previous week’s $77.5 million sales volume for about 115 units. Condos last week sold for an average price of about $303,000, or nearly $275 per square foot.
The sale of the week was at Bal Harbour 101. Penthouse 2 traded hands for $3.6 million, or more than $1,000 per square foot. The four-bedroom, 3,300-square-foot unit sold after about three months on the market with Asher Ouazanan.
The second most expensive deal was at the Towers of Key Biscayne. Unit A1001 was on the market for 146 days with Maureen Jauregui before closing for $1.3 million, or about $760 per square foot.
Closing prices in the top 10 deals ranged from $610,000 to $3.6 million.
Here’s a breakdown of the top 10 sales from Jan. 21 to Jan. 27. Click on the map for more information:
Most expensive
Bal Harbour 101 #PH2, Bal Harbour | 101 days on market | $3.6M | $1,091 psf
Least expensive
Courvoisier Courts #2302, Miami | 200 days on market | $610k | $467 psf
Most days on market
Grand Bay Ritz-Carlton #212, Key Biscayne | 347 days on market | $732k | $862 psf
Fewest days on market
Roney Palace #1116, Miami Beach | 23 days on market | $730k | $760 psf
By Katherine Kallergis | January 30, 2018 | www.therealdeal.com | http://bit.ly/2DLlHN6
An age-old question for many adults is whether they should invest in property or continue to rent. Proponents of buying say it’s a good investment in the future, but sometimes, certain factors — like limited inventory — make ownership unattainable.
However, hopeful homebuyers in the Miami-Fort Lauderdale area have a fairly easy path to ownership, a new study found. In the metropolitan area, a median-income family would save nearly 11 percent of their income if they buy a median-priced home with a 3.5 down payment compared to renting, according to a new report from the Urban Institute’s Housing Finance Policy Center.
Miami tops the study’s list of cities where it’s cheaper to buy, followed by:
Detroit, where buyers would save 7.1 percent
Chicago, 5.6 percent
Philadelphia, 5 percent
Tampa-St. Petersburg, Florida, 4.6 percent
Pittsburgh, 4.5 percent
Cleveland, 3.5 percent
Cincinnati, 3.4 percent
Orlando, 3.2 percent
Houston, 2.5 percent
The study’s authors found that it’s more affordable to rent than to own in 33 of the largest metropolitan areas in the U.S., where the difference between owning and renting falls in favor of renting. San Francisco had the largest rent gap: a median-income family would spend 80 percent of its income on the monthly mortgage of a three-bedroom, median-price home with a 3.5 percent down payment. Conversely, that family would spend 37 percent of its income on rent for the same home.
Chinese Investors love Miami. Caroline Li Griffith is purchasing her third luxury condo in Miami. Griffith, a private real estate investor originally from Zhenjiang in Jiangsu province splits her time between New York and Miami. “I love the Miami lifestyle, its weather and the people,” Griffith explains.
Griffith recently bought two-units in the pre-construction phase at the PARAMOUNT Miami Worldcenter. The price tags—a one bedroom for over $800,000 and a two-bedroom rings in at $1 million. Completion isn’t scheduled for at least a year. “I like condos for investment because they are easier to manage. When I buy pre-construction, I can pay in installments before completion which is also attractive.”
Right now, Griffith isn’t sure if she will lease both units out or have her mother who lives in Argentina use one as a second home. “The ideal situation is about good cash flow where one unit is leased with the rental income paying for the other unit,” Griffith explains.
Griffith points to the fact that Chinese investors see Miami as a global city, where for them they can buy relatively low and sell high later. “As a real estate investment, Miami has much lower price points than Shanghai and Beijing which is very attractive.”
Long known as a haven for foreign money, much from Latin America, it’s not surprising Miami is increasingly in favor with Chinese investors. Listen to William Hardin, PhD, Professor of Finance and Real Estate and Director of the Hollo School of Real Estate at Florida International University in Miami.
“Miami is being developed as a product for people who want to own high quality real estate at a certain price point. Developers here have been very successful with that and it’s got what today’s investors from China want.”
In the global real estate community, “Miami is a place that essentially exports its real estate product overseas because that is where the investment money comes from while the product itself being a luxury condominium stays here,” Hardin observes. That works perfectly for Chinese investors. “The wealth created in China is staggering. Real estate investment in the United States especially in a booming and fast growing metropolitan city like Miami represents little economic risk to them.”
When many Chinese see first-hand how far their money goes once they have made the decision to consider Miami it’s an easy sell. “They see real estate here as discounted. If this level of luxury product even exists in Beijing or Shanghai, the prices can easily be three to four times more. It’s a lifestyle for the Chinese and other foreign investors which is really a consumable investment where they can take a return and get their money out,” Hardin adds.
William Yu, PhD, Economist, Anderson Forecast at UCLA Anderson School of Management has witnessed first-hand Chinese investment in Los Angeles. He see’s strong Chinese interest continuing in Miami. “China’s upper middle class and upper class have enjoyed strong home appreciation. They have equity to invest elsewhere. Comparing prices, quality and the choices of what is available in Miami, compared to Shanghai and Beijing, Miami looks like a very good deal to Chinese investors.”
Considering Hong Kong’s explosive growth, Investors in Miami have much to look forward to.
