Brickell Condos Sales Fueled by International Buyers

The Brickell real estate market has seen a revival and it is now more active than ever before. International buyers are taking advantage now of the drastic price correction that most of the new Brickell condos have experienced.
By: Mauricio Chaparro
 
Dec. 12, 2010 - PRLog -- The Brickell condo market has been very active lately. This very interesting real estate market has not lost its appeal and new Brickell condos are now being bought by foreigners that are mostly cash buyers. These sophisticated buyers are seduced by very attractive prices offered in many new developments like the Icon Brickell where sales has seen an increase in activity during the last year. These types of Brickell apartments are very desirable and some buyers are hopping for the market to get even better and cash in on their investment after waiting for some appreciation in the coming years. Condominiums like these at the Icon Brickell are very unique and this type of monumental building is hard to duplicate due to its privileged waterfront location and amenities that no other Brickell condos has ever seen.

The percentage of foreign buyers is very high compared to the local buyers. Almost 70% of the latest real estate purchases at these Brickell apartments come from buyers from countries like Argentina, Peru, Brazil, Venezuela, Colombia and even European buyers. The Brickell real estate market has always appealed to the international clientele but it is lately that more and more investors have decided to jump into this market. Prices are finally seeing some stabilization in most buildings. Some Brickell condos like the ones at the Jade Miami have seen a healthier and more stable price performance. It is no longer a building with a lot of foreclosures and new owners have come to the realization that they are grabbing one of Miami’s prime locations at bargain prices.

This area of Miami has a lot of fans and it is getting more and more interesting and attractive every day as more and more new businesses like restaurants and bars open in the area. The once inexistent nightlife at Brickell is now an exciting one transforming this place in a true 24 hour cosmopolitan international community. Some locals have choose to live in one of the many Brickell rentals available while waiting for the opportunity  to become owners as they identify the opportunity to grab a good deal. Brickell rentals offer a great alternative for those not ready to buy yet and get a good taste of what the new Brickell lifestyle is all about.

Find out more information about Brickell condos for sale and Brickell rentals at:

http://www.miamioceanfrontliving.com/Brickell_Condos


Brickell Condos Video

http://www.youtube.com/watch?v=2UsacobNsQE



Please contact Mauricio Chaparro Bosch at 786-488-4685

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Information on all available inventory for sale and for rent in Miami condos, Brickell condos, Brickell rentals, Miami Beach condos, South Beach condos, Sunny Isles condos, Sunny Isles rentals and all Miami oceanfront condos, Miami homes for sale.
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Source:Mauricio Chaparro
Email:***@miamioceanfrontliving.com Email Verified
Tags:Brickell Condos, Brickell Apartments, Brickell Rentals, Brickell Real Estate, Miami Condos, Miami Rentals, Brickell
Industry:Condos
Location:Miami - Florida - United States
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Page Updated Last on: May 27, 2011
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