Favourable Miami Condo Investment Trends Predicted by David Siddons Group
David Siddons Group is a Chairman's Club: 'Diamond Level' (Top 1/2% of realtors nationwide) producing agent for EWM International and Christies.
Miami, FL, USA, April 23, 2015 (Newswire.com) - Real Estate in Miami is poised to become even more prized. To offer a better understanding of the Miami Condo investment, David Siddons Group has given an in-depth analysis of the sale, purchase and inventory details.
Given the great investment opportunities available in Miami, people are considering it a prime option for investment. In a move away from being an essentially tourist destination for those looking for a break or to unwind after their retirement, the city has transformed itself into one that attracts MNCs, bankers, investors and those wanting to be a part of the evolving Art and Culture scene there. The growth in demand for condos can be attributed to the growing skill set available locally, along with the excellent location and infrastructure. Another factor that has been key in drawing bigger investors is the fact that Brickell is fast becoming the financial centre due to an increasing number of banks opening there, second only to Manhattan.
Favourable Miami Condo Investment Trends Predicted by David Siddons Group
David Siddons, Owner
The unyielding demand for Miami Condos as investment, David Siddons Group has indicated, is driven in part by South American investors looking for a safer and better place for raising their kids with more opportunities and for their investments too. There are an increasing number of international buyers from around the globe who are interested in investing in the burgeoning real estate market in Miami. Though prices have increased owing to high demand, it is still not as high as in European cities like Paris, London, Madrid and more. The high real estate prices are offset by low taxes that means more property for the same amount of money in another city with higher taxes.
While the best condos are sold out quickly and you need to have a good real estate agent to get you one of those, the inventory that has been around for a while may get you a great deal and turn into a sound investment. The Midtown and Downtown markets are becoming bigger markets for investment, of late, as that is where the newest development is, turning it into a fashion and culture hub. The time is right to buy a Miami Condo as investment with bright outlook for returns.