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New builds in Miami
City on the map
Miami is a city in the United States, located on the Atlantic coast in southeastern Florida in Miami-Dade County.
Why is it profitable to buy an apartment in Miami in the new builds?
It is the largest metropolis with numerous beaches, clubs, restaurants and trendy shops that attract party-goers from all over the world. Miami is not only an ideal city for entertainment, but also the most important financial and economic center of the country, where international banks, large corporations and well-known recording and television studios are based.
Tourists flock to Miami to relax and unwind on the golden beaches of the Atlantic, dance in the nightclubs, surf and wander the fashionable galleries of renowned artists and photographers.
The city has developed public transport, which creates the necessary comfort. At the service of guests and residents of the city are: buses, tourist buses, subway overground, suburban railway Tri-Rail, metromoover (free electric monorail on a tire run), taxi, water taxi, hybrid bus and trolleybus, bicycles , scooters, motorcycles and etc.
New developments in Miami are the most demanded segment of the real estate market among buyers from all over the world. They build everywhere in this city: cranes and construction sites are visible, many objects have already been commissioned, and the happy owners are completing the repair and selection of furniture. Most buyers of houses in Miami are foreigners, for whom this is the second or third residence, the reason for the acquisition is the opportunity to come to this piece of paradise several times a year and profitably place free finances.
The demand for Miami real estate in the new builds for sale is growing, for this there are the following prerequisites:
- life in an economically developed and stable country;
- the opportunity to enjoy wonderful climate and magnificent beaches;
- a real estate loan at low interest rates.
Residential complexes in Miami offer a large number of housing units. Regular construction makes the choice of apartments in new builds for sale almost unlimited, and also allows you to choose the architecture of the building, which is often peculiar, according to your taste and budget.
Housing is built in compliance with the most advanced construction technologies. The builders have extensive experience and positive feedback on the quality of construction. The sale of apartments from developers can be carried out on installment basis, taking into account the immediate proximity to other important objects: parking, playground, school, kindergarten, supermarket; in more expensive complexes there are swimming pools, gyms, and other infrastructure of increased comfort.
In most cases, the apartment is provided to the owner on turnkey basis, sometimes you only need to install flooring or accessories of your own free will. The purchase of an apartment at the construction stage will save up to 1/3 of the market value of such real estate, according to experts from GEOLN.COM.
Investments in Miami real estate in the new homes bring high passive income (rent, resale), which will remain quite high given the rise in housing prices in this city. Of course, an apartment in Miami is most often a rather expensive project, but high income fully justifies the investment and provides a relatively short payback period.
The range of prices is quite large and reaches $20,131 per square meter in an apartment in black frame condition, however, there are apartments at a reasonable price. According to the information provided by the real estate search engine GEOLN.COM, the minimum price per square meter of turnkey area is $1,875.
Features of purchasing an apartment in Miami from the developers by foreigners
Foreigners can buy housing in Miami in new homes. The restrictions apply to cooperative housing corporations that prefer primary homeowners who are shareholders and generally prohibit foreign ownership unless the buyer's assets and primary source of income are located in the United States.
Highlights of Miami
- Liberty Tower (Museum and Library of Cuban Literature);
- American Airlines Arena;
- Bayside Market;
- Perez Art Museum;
- Memorial to the victims of the Holocaust;
- Miami Children's Museum (children can get acquainted with world culture);
- Jungle Island Amusement Park;
- Miami Oceanarium;
- Zoo;
- Miami Beach Boardwalk (track along the ocean coast);
- Miami Beach Botanical Garden;
- Everglades National Park.
What areas are available for purchasing apartments and for living purposes?
New homes for sale in Miami from the developers in the following areas are interesting for living and investing:
- Miami Beach has an abundance of restaurants, shopping centers, nightclubs and many other entertainment centers;
- South of Fifth is one of the most exclusive areas in Miami, there are some of the most beautiful condominiums in all of South Florida;
- Fisher Island is known as a private tropical paradise for investors and vacationers, especially those looking for privacy and a full-fledged luxury club holiday;
- Key Biscayne is one of the best areas in Miami where you can buy an apartment, the discreet atmosphere and rich natural beauty are appreciated by investors;
- Coral Gables is a safe area that is rapidly becoming an important center for international business;
- Coconut Grove - an area for families with children with prestigious private schools;
- Sunny Isles - white sand and the proximity to the ocean make it one of the most desirable places for many families to live;
- Bal Harbor - a luxurious, exclusive area, known for its chic shops. It has everything a family needs, including prestigious schools, numerous shopping centers and etc;
- Downtown Miami - the commercial, financial and cultural center of South Florida;
- Edgewater - the neighborhood's proximity to the city's business and financial center put it in the top list for investors and home buyers;
- Pinecrest ranked in the South Florida Business Journal's Top 10 Places to Live in Florida;
- South Beach is famous for its relaxing atmosphere. Its convenient location makes it ideal for families;
- Brickell is an ideal neighborhood for techies and hipsters, with incredible opportunities for growth: open coworking lofts, open-space offices, gyms, cinemas, chic restaurants and cool galleries. Tourists prefer staying in new hotels such as: SLS Lux, Kimpton, JW Marriott, W Miami, Mandarin Oriental and Four Seasons Downtown;
- Wynwood - A commercial and residential hub, Art Basel Miami Beach, with its exhibition art galleries, has been instrumental in Wynwood's evolution from a place filled with antiquated warehouses and discount retail storefronts to a thriving neighborhood.
Purchasing an apartment in one of the new developments in Miami, USA is the best investment in the future of your own and your loved ones. Miami is one of the most dynamically developed cities in the United States, where excellent infrastructure is combined with the possibility of perfect holiday in one of the best resorts in the world.
Prices per sq. m. in popular districts of Miami
District | Price from |
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Sunny Isles Beach | 8,200$ / m2 |