The Most Ideal Location For Miami Investment Properties In The Fourth Quarter Of 2012
Wednesday, November 14 2012 @ 10:51 AM MSK
If you happen to be one of the many real estate investors who would like to find out where you can find the best Miami investment properties available on todayís market, you should definitely look into the Downtown area of the region as it has been seeing an increasing amount of demand and activity coming in from numerous groups from all around the world.
Downtown Miami is an urban area which is recognized as being the regionís central business district which is comprised of neighborhoods such as Brickell, Park West, and Omni. It is home to an extensive range of parks, schools, museums, courthouses, banks, government offices, theaters, shops, and exquisite infrastructures.
The area has been receiving such a significant amount of investment activity which experts say is unlike anything seen within the region in previous years. Among recent developments include that of the Malaysia-based Genting Group which is planning a $3 billion project called Resorts World Miami which is set to rise on Biscayne Bay, along the western section of the MacArthur Causeway, and Hong Kong-based Swire Propertiesí project to build a $700 million complex called Brickell CitiCenter west of Brickell Avenue which is going to feature a hotel along with residential properties and numerous commercial spaces for potential tenants.
Even the retail expansion of the regionís Design District located north of Downtown is proving to be one of biggest opportunities for people who are interested in Miami investment properties as the project is proving to be one of the most attractive options found within the region today.
One of the reasons Downtown is experiencing such a positive trend among investors is the fact that there are relatively lower real estate prices within the area compared to the marketís peak years which make it one of the most ideal locations for people who would like to invest in the world of real estate.
Even the subject of transit expansion is being brought up among numerous groups who feel that it is going to be a vital component in the successful outcome of these development projects which are set to rise within the area. In fact, a $600 million project called the Port of Miami Tunnels is expected to provide road improvements along the Interstate 395 corridor which will be beneficial to many companies found within the area.
Needless to say, all of the recent activities within the area should make any investor feel more optimistic about being able to use todayís selection of Miami investment properties in order to generate profitable gains.
If you would like to learn more about the recent developments within the Downtown area, or if you are interested in learning about the different opportunities that are now available to you within the region, you may contact a professional real estate agent for further details.