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M I A M I
VENETIAN WAY, MIAMI BEACH, US
Completed in 2015, this modern bayfront
home boasts sophisticated European design
with white oak floors, soaring ceilings and
a one-of-a-kind glass-walled rooftop pool.
The large terrace offers stunning 360-degree
views of the Miami skyline and Biscayne Bay.
Bedrooms 7 Bathrooms 8.5
Price US$14,900,000
Contact Allan Kleer,
Miami: gateway to
North America
If New York and London draw
the world together, then Miami
and the adjacent city of Miami
Beach draw North and Latin
America together. They serve
as gateways for buyers from
Venezuela, Argentina, Brazil,
Colombia and Peru in particular
who want to invest and live in
the US, and who make up 70 per
cent of all overseas purchases in
the Greater Miami area.
Miami suffered more than
most US cities in the crash and
was slower to recover, but the
market is now highly valued
again. It’s the first port of call for
buyers from much of the
Americas – their first foothold
in the US market.
Miami is only just developing
the tech and finance sectors that
have helped charge the housing
markets in New York and on the
West Coast; this will happen
here over time, too.
In 2016, investors have
purchased almost all the area’s
remaining foreclosure inventory,
which in part accounts for
a drop-off in transaction levels
compared to 2015. There is also
a substantial pipeline of new
developments, some aimed
exclusively at the Miami cities’
substantial rental market – the
area’s vacancy rates are among
the lowest in the US.
YOLANDE BARNES
Head of World Research
61 Global Property Portfolio
M I A M I
THE RITZ-CARLTON RESIDENCES,
SUNNY ISLES BEACH, MIAMI, US
This 52-storey luxury oceanfront development
features artfully designed homes, 250ft of
beachfront, a private 33rd-floor club, spa,
state-of-the-art fitness facilities, oceanfront
and sunset pools, children’s programmes
and the legendary service of The Ritz-Carlton.
Bedrooms 2-4 Bathrooms 2.5-4.5
Price from US$2,500,000
Contact Maribel Goldar,