Novembro 9, 2012
We have seen a lot of movement in the luxury waterfront real estate market this past year. Buyers from the United States, Canada, Europe and South America have purchase almost all of the luxury waterfront real estate we have available. Inventory is very low, which is why developers from various parts of the world have come to South Florida to build new luxury waterfront condominiums.
Another reason we are seeing new developments along the coast following the financial crisis we faced is that people are looking for hard assets, according to Argentine developer Manuel Grosskopf. Manuel Grosskopf and his son Sergio are developers of the Chateau Beach Residences soon to be located on Sunny Isles Beach.
5 Luxury Oceanfront Condominiums under Construction in Miami
Some real estate investors are concerned that we may be creating another real estate bubble, but Grosskopf told The Real Deal we are building new condominiums but it isn’t nearly what was being proposed or built back in 2003.
2100 N. Ocean Blvd. Suite #402, Fort Lauderdale, Fl 33305
Office: +1.954.828.1858 Mobile: +1.954.817.2500 Email: nhiggins@spg.cc
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