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August 30, 2013
An informal poll done by an Argentina-based news source asked Latin Americans to pick their favorite place to live. The respondents overwhelmingly chose Miami.
August 26, 2013
The demolition of the Best Western hotel located on the future site of Chateau Ocean has begun. The Chateau Group purchased the 2.99 acre oceanfront property for 50 million dollars last year. Chateau Ocean should be completed in 2016.
August 22, 2013
The Miami real estate market continued to thrive in July. Driven by limited supply and high demand, more single-family homes were sold in July since the peak of the 2005 housing boom.
August 20, 2013
With all the new luxury condominium developments set to rise in South Florida, it comes as no surprise that residential construction in the area continues to show increases. Construction data for July and 2013 both show sustained strength in the residential sector.
August 16, 2013
The average sales price for high-end single-family homes and condos in Miami Beach rose over the year, according to a recent report. The Miami Beach luxury real estate market also saw an increase in sales, with 826 condos and 304 homes sold since August 1, 2012.
August 14, 2013
A luxury condominium development is set to rise on a private, undeveloped island in Miami. Located between Williams Island and Sunny Isles Beach, the development known as Privé will be comprised of two 16-story towers with a total of 160 units on an island in Dumbfoundling Bay.
August 12, 2013
New construction sales are going extremely well in Miami. In the most recent example, only 2 luxury residences remain unsold in One Ocean South Beach. The ultra-exclusive, 4-bedroom plus den units offer 4.5 baths, floor-to-ceiling glass, private elevators and spacious wraparound terraces. The terraces feature private pools, summer kitchens and landscaped gardens.
August 9, 2013
As more foreign buyers enter the luxury real estate market in South Florida, more homes and condos are being offered stocked with everything necessary to move in right away. Buyers do not want to spend the necessary time furnishing and outfitting their properties, especially when many of these luxury residences are purchased as second homes.
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