The Miami real estate market has continued to see growth over 2013, as demand from Latin American investors is booming resulting in the third consecutive record sales year and two years of double-digit appreciation.
The average sales price for high-end residential real estate in Miami has increased by 18.1 per cent in 2013. In addition, the sales prices for condominiums have also increased by 12.9 per cent (Miami Association of Realtors).
Filip Roegies , Managing Director at Vincci Capital International LLC said “ This comes as a result of Miami being a global city offering an exciting lifestyle, growing cultural program, good year round climate and a strong economic outlook. Furthermore, Miami will attract second homebuyers, new residents, and new business enterprises in the coming future, which will continue to boost the Miami real estate arena.
In addition, by the end of 2020 Miami will have increased its downtown skyline with 20 new blocks of high rise mixed use buildings, with an investment volume of more than 10 billion US$. This will evidently attract a tremendous affluence into the high-end residential as well as commercial real estate market”.
At Vincci Capital LLC we commit to offer expert and objective commercial and residential real estate investment advice, whether acquiring, selling or managing your real estate assets.
For further information please contact:
Vincci Capital International LLC
Contact : +1 305 442 9571
366, Altara Avenue, Coral Gables, 33146