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Showing posts from December, 2023

The Miami Real Estate Boom: Branded Residences Steal the Show - Report

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  The Booming Miami Market  for Branded Residences  2023 - 2024 Report Miami has become a global hotspot for luxury real estate, and branded residences are at the forefront of this trend. These residences offer buyers the prestige and amenities of a world-renowned brand, coupled with the security and investment potential of owning real estate. Here's an in-depth look at the Miami market for branded residences: Current Market: Strong demand:  Miami is experiencing a surge in demand for branded residences, with several projects selling out quickly.  This is driven by a confluence of factors, including: The city's vibrant lifestyle and cultural scene. Its favorable tax climate. A growing influx of wealthy individuals and families. The limited supply of high-end properties. Diverse offerings: Miami offers a wide variety of branded residences, from hotel-branded condominiums to standalone towers by fashion houses and luxury car manufacturers. Strong investment potential: Branded re

As an Investment - Branded Residences

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  Are Branded Residences a Good Investment? Luxury branded developments come with intrinsic value built into the proposition. Extensive amenities, attentive service and lifestyle benefits and the backing of internationally recognized hospitality brands.   With the sector now booming, international high-net worth buyers also seek security in buying a branded product in unfamiliar markets. Buyers of branded real estate can expect to pay a premium of around 31% versus non branded developments, but the good news is that data shows that branded residences also appreciate to a larger extent. Indeed, looking at Four Seasons properties around the world with a residential component, there are regular transactions suggesting appreciation of 20% to 25%.  The limited supply of branded residences also serves to protect prices. Add to that continued investment from the brand into the scheme and there is long-lasting appeal for buyers. There may also be greater ease for owners to rent out their apart

Are Branded Residences a Good Investment

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Luxury Branded Developments: A Safe Bet for Investors  Luxury branded residences are booming, with international high-net-worth buyers seeking security and prestige in unfamiliar markets. These developments offer a unique blend of high-end amenities, attentive service, and the backing of internationally recognized hospitality brands. Investing in a branded residence comes with a premium of around 31% compared to non-branded developments, but with several compelling benefits: 1. Value Proposition: Intrinsic value: Extensive amenities, attentive service, and the backing of internationally recognized hospitality brands. Prime locations: Typically situated in prime locations with high demand. Distinctive design: Cutting-edge interior design, technology, and architecture. Trust and credibility: Renowned brands ensure quality and delivery. Strong resale values: "Trophy" status and higher rental potential. 2. Services and Experiences: Hotel amenities: Use of pools,gyms, spas, resta

Miami's Luxury Aston Martin Residences

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Miami's Luxury Aston Martin Residences Offers Gearheads a Home for their Horsepower For car collectors yearning to translate horsepower into housing, Miami offers a haven of enticing options. Downtown's Aston Martin Residences, a 391-unit marvel currently under construction, is nearing complete sell-out ahead of its anticipated completion by year's end. This impressive feat underscores the city's growing appeal among those seeking a lifestyle where automotive passion and luxurious living seamlessly intertwine. Miami's Luxury Aston Martin Residences   Miami: Where Luxury Living Meets Automotive Dreams Miami is rapidly becoming the global capital for luxury branded real estate, especially for those who value a unique lifestyle intertwined with their passion for automobiles. Among the most prestigious developments is the Aston Martin Residences, a 66-story masterpiece currently under construction and nearing completion. Designed to resemble a gleaming, curved sail, the

Porsche Design Tower: Where Cars Live in the Living Room

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Porsche  Design Tower: Where Cars Live in the Living Room The Porsche Design Tower, a towering testament to luxury and automotive passion, is the brainchild of Michael Dezer. He poured $480 million into its construction, resulting in 132 units that range in price from $4 million to a staggering $32 million. At the Porsche Design Tower, a patented car elevator called the Dezervator whisks both cars and drivers up 60 stories to units with sky-high garages. A larger version is planned for the Bentley Residences. A significant chunk of this investment, an estimated 10%, went solely towards the development of the Dezervator, the building's innovative car elevator. While the sum may seem extravagant, Dezer firmly believes it was money well spent. "Initially, I thought, 'How cool would it be to have your Porsche, Lamborghini, or Bugatti right in your living room?'" he explained. "But the real magic happened when people started buying units for the privacy they offer

Porsche Design Tower: Sunny Isles Beach, Florida

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  Porsche Design Tower: A Souped-Up Residence for Car Enthusiasts The Porsche Design Tower, located in Sunny Isles Beach, Florida, is a testament to sleek design and automotive passion. Construction began in 2014, and the building opened its doors in 2017, offering residents a unique living experience that blends luxury with a love for cars. Opens in a new window  www.miamicondos.com Porsche Design Tower, Sunny Isles Beach, Florida  The tower's design exudes a masculine energy, reminiscent of the high-octane car shows Michael Dezer, the developer, frequented with his father as a child. There is no dedicated pedestrian entrance, emphasizing the building's focus on the automobile. Visitors arrive beneath a dramatic graphite-hued archway emblazoned with the words "Porsche Design" in the iconic 911 typeface. They can then choose to park and enter the airy lobby, decorated in the same bronze, red, and black colors of the Porsche logo, or continue their journey in their veh