The Condo Market Looks Forward To New Miami Condos That Come With New Payment Systems For Buyers
But now that existing condos have been taken off the local market leaving only a few hundred left in the inventory, many groups have taken it into their own hands to create even more condo options for the growing number of people who would like to indulge in a lifestyle that is unique to Miami.
Next spring, one of the first high-rise residential condo development projects since the flood of development projects a few years back is set to enter its construction phase in a great location along the dynamic district of Brickell in Downtown Miami.
The high-rise residential condo is going to be called Brickell House and is expected to be one of many that have yet to be included in the skyline of the city with its 46-story tower where a range of condo properties can be found with options that include single bedroom units all the way up to penthouse properties.
Many are optimistic about the Brickell House due to the fact that there are not enough existing condos to support the continuous demand for Miami condos within the region and being able to have something to look forward to is definitely going to be a plus in today’s modern age where people have been more appreciative of the way of life that can only be achieved when living in a condo.
The development team behind the amazing project has certainly come to acknowledge the fact that Miami is a place where foreign buyers dominate sales activity. In fact, it is going to be a project that will be funded largely by buyers who will practically be paying for the construction as each of the buyers are expected to pay 70 percent even before the project has reached its completion — a payment strategy that is commonly being employed in Latin America, which is also where a large majority of the Brickell House buyers are expected to come from.
If you have been hoping to make your move on real estate properties but feel hopeless knowing that the inventory is diminishing, you will find that the new addition to these Miami condos is sure to be great news to you.
Joan Vonnegut
Miami Condos
