luxurious property miami: THE MOST EXPENSIVE PRICE TAG IN FLORIDA'S REAL ESTATE
- 01/04/19 10:24 AM
Miami's luxury condos have always been recognized by their extravagance, elegant design, exclusivity and not to mention, their price. The boutique Faena House condo in Miami Beach, built by the developer Alan Diego Faena is the perfect example of that description! This 18-story tower located at 3315 Collins Avenue, offers an extensive and unique list of amenities such as, an oceanfront fitness center, a lounge and play room for kids, private beach and a beach club, a private spa with steam and sauna, smart building technology, 2 pools, and much more! With 47 units and only 4 per floor, the privacy is one of the main … (1 comments)
luxurious property miami: Why luxurious properties are having a big price cut?
- 01/05/18 02:04 PM
There are two facts that you should know before setting a price for your luxury property: A) there is an oversupply of inventory and B) there is a shrinking pool of buyers. According to a Douglas Elliman report, there is a 53-month supply of luxury condos. This is a stark contrast when you compare it to the 5-month supply of homes that are selling for $500,000 or less. Furthermore, it is no longer a secret that the number of buyers are shrinking. Foreign economies are cooling down and buyers who came from Latin Americans countries are seeing their currency dropping. It … (2 comments)
Miami's luxury condos have always been recognized by their extravagance, elegant design, exclusivity and not to mention, their price. 
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