Miami Beach is a tourism and property mecca for Americans and foreigners, and the market keeps on growing. Miami, along with Miami Beach, has been recently dubbed as the “New Manhattan” by media and property developers, and the Greater Miami association of Realtors notes that the property boom will add more than 100,000 homes to the area.
A huge chunk of the upscale properties being developed are built with foreign buyers in mind, as exchange rates look more favorable in Europe and elsewhere, and buyers are considering that since prices are rising, they see investing in Miami Beach real estate a prospectively profitable one.
A City Flowing With Diversity
The city of Miami Beach, located on the eastern coast of the southernmost tip of Florida, is a diverse and complete vacation destination for tourists who enjoy year-round sunshine, wonderful Art Deco designs, glittering and vibrant night life, famous dance clubs, and a wide expanse of beautiful beaches. It also makes a perfect home for potential residents who want to savor living in a city flowing with diverse cultures and traditions, sunny skies, and a wide array of employment opportunities as well as good housing choices.
Miami Beach is considered as one of the most appealing cities in the world due to the many cultural amenities they offer to prospective home-buyers. The city proudly boasts a sensational hotel strip, elegant estates, and a wide variety of recreational conveniences. Its beaches have been on many occasions voted as one of the top 10 beaches in the world. The lure of owning property in Miami Beach has not only mesmerized locals, but has also been a magnet for out-of-towners and overseas investors.
Real Estate Options Are Diverse As Well
Miami Beach’s environs contain an expanse of nine miles of sandy oceanfront beaches lined with palm trees, and along that coastline lies a thriving community of condominiums, apartments, and family homes, as well as an assortment of clubs, restaurants, shops, hotels, and businesses.
A prospective homebuyer can decide between owning stylish apartments, 1, 2, 3 or 4-bedroom condominium units, or acquire a large beachfront estate. The healthy mix of housing options here offers a collection of wonderful styles, sizes and price range choices, and nearly all housing or upscale property units here offer a fabulous ocean or Intra-coastal waterway views.
For the real estate and property business, location is key. This also holds true for Miami Beach as well. The city is one sunny beach vacation resort, as well as being a cosmopolitan city famous for having one of the nation’s largest historic districts. One of its districts, South Beach, is well-known for its Art deco district and its vibrant night-life. North Beach is a new, trendy area identified for its unique architecture, “chic” cafes and its stress-free environment. With the diversity the city affords, owning a Miami Beach property offers future homebuyers the luxury, comfort and elegance that the area is famous for, as well as in providing a healthy and rewarding real estate investment.
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