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subject: Foreign Investors Snatch Up Beautiful Beach Front Condos For Low Prices [print this page]


Miami Beach, Florida is one of the most beautiful places in the world. From the city's white-sand beaches, to its amazing night life, it's the place to live if you want sun, sand, and fun. Isn't a place like that expensive to live though?

Just like everywhere else, Miami can be an expensive place to live if you don't know where to find the best deals. However, according to Bloomberg, in 2008, banks that financed condominium projects in Miami Beach, allowed developers to lower their prices by as much as forty percent. Wouldn't you want to take advantage of that price? This price-cut gave foreign buyers from Europe and other places the chance to snatch up these luxury condos, even if they don't plan to live in them and want to rent them out or just keep them as vacation homes. South Beach condos are gaining momentum as more and more Europeans, primarily from Italy and England, are buying luxury condos in Continuum, Continuum II, Icon, and Murano. Can you blame these buyers? All of the units are unique and beautiful in their own ways.

Murano is one of the newest condos, with floor-to-ceiling windows lining the residences, as well as private elevator access. With walk-in closets, European cabinetry, and marble bathroom floors, what more could you ask for in a home? The Murano also offers a fitness center, spa, and tennis courts. The property overlooks the sparkling Intracoastal Waterway and the harbor.

The Icon in Miami Beach is another luxury condo that these foreign buyers have scooped up. With elegant views of the waterway, and all of the other amenities, it's no wonder! Units at Icon boast unique designs by world-renowned designer, Philippe Starck. They also feature intricate European kitchen cabinets. Living at Icon, or anywhere else on Sunny Isles, allows a resident finger-tip access to restaurants, shops, and nightclubs. Spend the day in Miami taking in the sights, and then spend the evening in your Icon condo, enjoying dazzling views of the waterway.

Laying your eyes on Continuum I and II condos would be enough proof to show you why these foreign investors jumped at the chance to take advantage of lower prices. Private balconies, meet gorgeous views of the Atlantic and of the waterway. Kitchens feature state-of-the-art appliances, below-counter lighting, and gorgeous European cabinets. Continuum also boasts sparkling floor-to-ceiling windows that make Miami Beach condos so unique.

Foreign Investors Snatch Up Beautiful Beach Front Condos For Low Prices

By: Leon Belenky




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