By Sunny Isles Real Estate Expert on February 6th, 2012
is certainly one of the premier names in luxury in the Miami area, and you could be the proud new owner easier than you think. It’s unfortunate to note that some luxury condominium properties have suffered from lack of sales in recent years. After all, when the economy is in crisis, people are more likely to put off luxury purchases, and that means homes in a prestigious area such as this one will languish on the market for several months. There isn’t a lot of good about this situation, except that it does force prices lower, which is beneficial to buyers.
Miami Real Estate Prices Are Going Up
In a buyers’ market, such as the one we are currently experiencing, it’s possible for buyers to seek lower prices from sellers, negotiating the prices down until they get a great deal on their new home. Those who have purchased homes in the last few years have most certainly benefitted from this reality. The same is true for Icon Brickell Condos, though the trend is slowly turning. If you take a look at the asking prices and sale prices from 2011, you’ll see that the gap between them is slowly closing. Property values are going back up, and that’s because the recession is coming to a close, at least here in Miami.
Icon Brickell Sales Have Increased Dramatically
This massive project offered more than 1000 units for sale. However, more than 96% of the project is now sold out, thanks to foreign buyers from all over the world. These condo residences were priced anywhere from $300,000 to over $2,000,000, depending on the size of the unit and the layout. However, any unit offers plenty of luxury and elegance. The views from each room are astounding, the pools are crystal clear, and the fitness centers provide great service. In addition, the residences are some of the most beautiful you’ll see in the Miami area, with upgraded flooring and countertops, beautiful lighting and fixtures, top of the line appliances, gourmet kitchens, and bathroom retreats. Everything is stunning, and no detail is left out.
You can still own a bit of this and take advantage of the lingering buyers’ market. If ever there was a time to buy, it’s right now, because the prices will continue to rise in the near future. You can get a great deal on a luxury Brickell condo before the prices are too high again. In fact, prices are so certain to rise that you can consider your home an investment. You’ll be able to see an amazing price appreciation in just a few years.
If you’re ready to own one of these beautiful residences, just give me a call – 1-954-336-1016. We’re knowledgeable and experienced in the sale of Miami condominiums, so you can be sure we’ll know what’s going on at all times. We’ll make the process easy for you, walking you through the negotiations to get the best price and then helping you through the closing process. It’s not hard to purchase a Miami home at a great price right now, especially when you have experts in Miami real estate on your side.