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Posts Tagged ‘Miami Property’

South Florida Property Market Facing Uncertain Times

by Overseas Property Mall on Wednesday, February 16th, 2011 in Florida

The South Florida property market is in a State of Limbo. At the end of last year foreclosures fell to their lowest in three years, but not because less people lost the ability to pay their mortgage, but because the banks are under intense scrutiny over their foreclosure procedures, as a robo-signing scandal lead to more dodgy practices and irregularities being uncovered.

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South Florida Real Estate Proving to be a Hit for Foreign Buyers

by OP-Mall on Thursday, December 10th, 2009 in Florida, North American Property

miami-south-florida-skyline

South Florida property developer Joe Milton has put up $100 million of his company’s cash to set up a mortgage company to fund loans for foreign buyers, because foreign buyers are often locked out of the market if they don’t have cash. Although sixty percent of Milton’s buyers are foreign, the few loans that are being made to foreign nationals come with terms deemed unacceptable by most. However, more than half of these foreign buyers are paying everything in cash, with European and Canadian buyers most likely to reject the financing option.

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International Property News Beat – Luxury US Homes, Romanian Property Losing Steam & Super-Rich Hotspots

by Overseas Property Mall on Monday, September 29th, 2008 in Property News Summaries

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Ultra Luxury, Miami Beach Millionaire Pad – Apogee Penthouse

by Overseas Property Mall on Sunday, September 21st, 2008 in Luxury Property, Miami Property

lounge

Apogee can be described as a building that epitomizes luxury and one of South Florida’s most prestigious developments . It’s $22 million penthouse is up for sale at the moment and is nothing but jaw dropping.

This six bedroom, 7.5 bath, three-level penthouse apartment has a massive internal space of 6,853 SQ. FT and over 11,000 SQ. FT of terrace space with unbelievable ocean, bay, and city views.

There is a 360-degree rooftop palazzo, private pool, and summer kitchen. The main living area’s floor to ceiling height of 22-feet is enclosed by double-height floor-to-ceiling windows.

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Trump Seeking $2bn Gulf Investment In Manhattan

by OP-Mall on Thursday, July 3rd, 2008 in New York Property

Real estate magnate, Donald Trump is seeking billion dollar investments from the booming economic regions of the Arabian Gulf. Rodrigo Nino, president of Prodigy International, advisers to The Trump Organization said to the press on June 29th. “I expect to see at least $2bn of investment from the Middle East in the next 12 to 24 months.

We’re particularly targeting Middle East investors for our $2.5bn inventory in Manhattan and $1.5bn inventory in Panama,” Nino told Zawya Dow Jones at the Dubai sales launch of the Trump Soho Hotel Condominium in New York.

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