4 main reasons you should invest in Brickell

Since the American Dream seems uphill in overpopulated cities such as New York, Miami stands up as the most relevant spot for starting a business, raising a family and starting a whole new life. Here is the secret: the Florida market is still young, its relentless but gradual growth keeps the prices moderated, which helps people to easily establish.

One of the golden starts of Miami is the Brickell district, the financial center of Florida that has gained popularity among foreign investors for the last 15 years, due to its liberal policies. Nowadays, Brickell is the 3th marketplace in the U.S, with fast-moving dynamics, highly focused on banking, real estate and retail.

The “Wall Street South” is living a great moment in its history, becoming the perfect ground for opportunities for new Florida residents. Today, we tell you 4 main reasons to invest in Brickell in 2018.

Reasons to invest in Brickell

1. An uprising market for long-term investments: the boom of Brickell’s real estate industry is still emerging. Over the last 15 years, there has been a huge increase in new building projects, and many of them are still under construction.

In a city where fiscal business, tourism, luxury and multiculturalism take center stage, it’s a smart idea to be part of the first stages of building a brand-new economy. Just imagine the value of condo units in the next 20 years, in a faster, more populated Miami.

2. It’s a high demand rental area: Brickell is the favorite district of young professionals between 20 al 40 years old, with an income 38% higher than citywide Miami. This youth appeal might be influenced by its convenient location near commercial areas, where day business and nightlife meet.

As young people tend to rent instead of buying, it has increased property profitability by rental benefits and demand.

3. Miami is the most popular destination in the U.S: according to a study by LendingTree, Miami is the 1st destination of the 50 states. The research shows that during 2017, there was an increase in the number of purchase mortgage loan requests from U.S. residents, who were looking to move to Miami.

This migration will benefit real estate in the next years, especially in commercial areas.

4. A strong bar and restaurant industry: Brickell gathers up to $8 million per year through restaurant and bar industry, that’s why it comes as no surprise that Brickell has become a foodie attraction. Currently, it stands out for its creativity, diversity and community engagement. 

If you think you are ready to take the next step, contact us. We’ll help you find the best investment opportunity for you in Brickell District.

Paraiso Bay: a heaven like Paradise in Edgewater

Investing in Miami has many advantages besides getting to experience what this city has to offer. But with options that the Real Estate market has opened over the last few years, it’s easy to see why investing and choosing the best condo is confusing and overwhelming. There are questions you can start asking to yourself in case you’re thinking about investing in a condo:

·       What’s the best project to invest in?

·      How can I evaluate a project or compare it to another?

·       Which is the best neighborhood to invest in?

These and more questions can come up during the search for the perfect condo. But look no further: Paraiso Bay is now open!

Right in Miami Midtown, this condo complex has bay sights and over 1,000 residencies spread over 55 stories. You can have different options depending on what you’re looking for: 2, 3 or 4 bedrooms. Besides the basic needs, you can fall in love with the breathtaking views of the city thanks to its panoramic windows. The Paraiso Bay Complex was developed by Related Group and Arquitectonica architects.

Which commodities does Paraiso Bay have?

·    Concierge

·    Wine cellar

·    Private elevator

·    Tennis court

·    Spa

·    24-hr security

·    Gym

·    And more…

Now that you know the amenities you can expect from the complex, do you know what you can expect from the apartments?

You can have:

·     Balconies

·     Italian cupboards

·     Floor-to-ceiling doors

·     Open kitchen

·     And more…

Here at Gables Riches, we can help you invest in your future. Paraiso Bay can become your new home today. All you have to do is contact us now!

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Reasons to invest in South Florida

Over the last few years, South Florida has become one of the best places to invest in Real Estate thanks to its fast growth. For Gables Riches, this represents a great business opportunity, whether you’re looking for Property Investment or a second home. That’s why we’ll share 5 reasons why South Florida is becoming the best option to invest in.

1.     Affordability: The local market offers affordable properties with many amenities and seller incentives. And thanks to its multiculturalism, it’s becoming the center for international buyers.

2.     Weather and activities: Florida is the only subtropical state in the US, making its weather very fresh during the spring and summer and slightly cold during autumn and winter. Its weather is an advantage; you can enjoy all-year round water sports, such as snorkeling, boating, kayaking, and more. And its beautiful beaches attract visitors and potential customers.

3.     Lifestyle: There are so many things we can say about the world-renowned Miami lifestyle: children, adults, and elderly. There are more things than the party scene: wildlife resources, parks, beaches, and more.

4.     There are differences between South Florida and North Florida: South Florida is a worldwide, diverse capital with a high Latin-American influence, and it’s where the most well-known lifestyle happens. On the other hand, North Florida has a different weather than the rest of the state.

5.     Taxes in Florida: Florida is one of the few states without tax income and it has a low cost of living. But there’s a catch: gas tax is high, so saving some gas by running some errands on the same day can be a good way to save money.

As you can see, living in South Florida has many opportunities to start a new lifestyle and Gables Riches is here to help you during the process. Just contact us today.

Investing in Isles at Lago Mar

The Real Estate business in Florida is better than ever, and at Gables Riches we keep encouraging our clients to invest in the unique community of Isles at Lago Mar, in the heart of West Broward County, in the city of Sunrise. Extremely well located, this community features some of the best water views in the region; all homes border the elegant Lago Mar County Club and its beautiful lake.

 Isles at Lago Mar is only a block away from the world-famous Sawgrass Mills Mall; it’s also near the BB&T Center, Ikea, excellent restaurants, great shopping and amazing recreational parks. Immediate access to I-75, I-595 and the Sawgrass Expressway provides quick connections to the Fort Lauderdale and Miami airports, and prominent business centers throughout South Florida. This exclusive condominium complex was built between 1991-1994, and every year more and more investors decide to buy there because of the 6-7% return it provides. Another reason why investors are attracted to these properties is the fact that they come with a tenant in place with up to a year lease, which means that investors start having some cash flow from day one.

There are 368 units in this community, and you may choose between 2-bedroom or 1-bedroom apartments. Interior features include large open breakfast bar with separate dining area, fully equipped kitchens with contemporary-style cabinetry, full-size washer and dryer, study/solarium with golf course and sparkling water views, spacious walk-in closets and pantries, vaulted ceilings and assigned parking.

Being close to some of the best schools and universities in South Florida might also be appealing to some investors, but what captivates the most hearts are the many amenities available. And since they are simply way too good to ignore, here they are: 37-acre tropical landscape, exquisitely designed clubhouse, BBQ/picnic areas and pergolas, two indoor racquetball courts, fully equipped fitness center, two glistening swimming pools and spa, two privately lighted tennis courts, on-site management, bike racks and plenty of guest parking spots.

As Jeff Greene once said, “In real estate, you make 10% of your money because you’re a genius and 90% because you catch a great wave” and this opportunity here, in Isles at Lago Mar, is truly a great wave. Visit our website: www.gablesriches.com to find all the information about the units available in this quiet, safe, exclusive and beautiful condominium complex in Broward. If you have any doubts or if you are interested, feel free to contact us anytime.

Is a Short-Term Rental a Better Choice For Me?

We won’t deny that hotels can be really great; all the comfort, amenities and services can be very attractive for tourist and visitors, especially for those on vacation wanting to relax, take some time off and rest. However, on some occasions, a short-term rental can be the best choice for you and your family (or companions).

The first thing to consider when choosing between a hotel and a short-term rental is the number of days you are going to stay in the same place. If you are spending 30 days or more, the most reasonable and affordable option is probably a short-term rental. If you are staying for less than 30 days, you might want to consider a couple more factors before choosing. For example: the number of people you are traveling with. If you are taking a trip with some friends or if you have a big family, it might be cheaper for everyone to rent a house or a condo. The perks? Having a kitchen where you can cook (and probably save some money, too), more room for everyone, and more quality tim

e with your traveling companions.

If you are traveling not only for vacations but to find a place to live, learn about the area and get to know its community, a short-term rental is the perfect choice. In a hotel, your neighbors would probably be tourists just like you, but if you rent a house or a condo, your neighbors would probably be residents from the area, and getting to know them would give you a pretty good idea of what it’s like to live in that particular neighborhood and in the city.

Hotels give you a more superficial experience of the place you are visiting, but before choosing you need to ask yourself: do I want to feel like home during my vacations? Do I mind having domestic responsibilities? Am I going to cook at all? How much space do I need?

Investing in a place to lease anywhere in Miami, Gables or Doral is a great idea. Know that long-term rentals aren’t your only choice. Renting your property for a short period of time can be very profitable and it would make your place available for you as well. Short-term rentals go from 1 week to an entire season (like the summer) and every year more and more tourists and visitors consider this as a much better choice.