Archives des #REAL ESTATE IN MIAMI - Page 4 of 4

Bal Harbour is located at North of Miami Beach. This district is portrayed as a true haven of peace only twenty minutes from the hectic animation of South Beach. Bal Harbour is known internationally and throughout Latin America for its luxurious shopping center, welcoming major brands such as Balenciaga, Bulgari, Chanel or Chopard, its intimate beaches, as well as its many quality restaurants.

Explore Bal Harbour & Surfside

Elegance and tranquility are the best terms to describe Bal Harbour and its neighboring town, Surfside. Here lies the calm, however, under this discreet charm hides a rich activity of numerous cafes and restaurants, shopping districts of international renown and recurring artistic events.

Bal Harbour is packed with community-focused attractions andtrendy establishments that provide a more atmospheric respondent, more graceful and more holistic. Indeed, Bal Harbour is made up of a close-knit community, whose daily life revolves around the pristine beach, shopping at upscale boutiques, and tasting delicious food at great restaurants.

Life in North Miami Beach

Bal Harbour offers a ultra-private setting and quick access to the glamor of Downtown Miami and South Beach. The whole area is considered very walkable, thanks in large part to its plethora of green spaces as well as its manicured residential area. Surfside is recognized for its shopping district, its community center, its public art exhibition and its bike and walking paths by the sea.

There are many private yacht clubs in this area, such as the Bal Harbour Yacht Club, which has 35 locations open to the beautiful indigo blue waters of Biscayne Bay. The district is also home to many parks, such as the Haulover Park or North Shore Park.

Collins Avenue Surfside offers recreational activity centers, such as tennis courts, bike parks, numerous parks and an innovative community center.

Invest in Bal Harbour and Surfside

The Bal Harbour and Surfside real estate markets are booming expansion. Indeed, according to the Q3 2020 report, condo sales in Bal Harbour were on par with 2019, although prices were up 25.1%. This area is a highly sought after location with a growing real estate market every year.

In recent years, Bal Harbour and Surfside have risen to the top of the luxury real estate market with some of Miami's most modern condos, townhouses and penthouses. In these magnificent habitats, you can live in an idyllic oasis by the water, and enjoy unrivaled amenities or services.

The reasons to live in Bal Harbour

Luxury shopping, pristine beach, tasting delicious food… The Bal Harbour district has many strings to its bow. Indeed, the Bal harbour beach is one of Miami's most pristine and protected, and locals can't get enough of its sugary white sand. The walk of Bal Harbor Beach Walk runs along the beach and is a favorite place to walk, run or cycle.

Bal Harbour's luxury hotels also offer a variety of dining options, and residents appreciate the innovative cuisine at the restaurants in the area. St. Regis Bal Harbor Resort, from Sea View Hotel and Ritz Carlton Bal Harbor.

Luxury in Bal Harbour

A Bal Harbour Shops is a world-renowned destination for shopping and dining. Indeed, this mall is a legendary fashion spot, home to designer boutiques such as Stella McCartney, Alexander McQueen, Chanel, and Gucci. A favorite destination for celebrities, socialites and fashionistas from around the world.

This upscale mall is also the starting point for Bal Harbour's foodie scene. You'll find a wide variety of options here, including top-notch Italian cuisine, chic French cuisine, and innovative Japanese fusion.

For rare and quality purchases, do not hesitate to pass in the downtown surfside shopping district : this high-end shopping and dining district is made up of one-of-a-kind spas, chic boutiques and bakeries.

Schools in Bal Harbour

Students from primary and secondary schools in Bal Harbour and Surfside travel to Ruth K. Broad Bay Harbor K-8 Center, one of the miami dade public schools.

The St. Joseph's School in North Miami Beach, also offers a great program for K-8 students.

High school students from the community have the opportunity to join the Miami Beach Senior High School of Dade County, the very famous AD Henderson University School and the Boca Raton FAU High School.

Properties for sale in Bal Harbour and Surfside

Some of the most exclusive real estate in the country can be found in Bal Harbour. If you are looking for an alliance between luxury, privacy and a peaceful environment, this area is for you. It is in the western part of Bal Harbour that you will find the large houses of the Village of Bal Harbour. This prestigious gated community offers 24-hour care and convenient access to the Bal Harbour Yacht Club and Bal Harbour Marina.

A plethora of luxury apartment towers rise up Collis Avenue, each offering an array of services and amenities. Among the best investments and properties to buy are the twin towers of ocean and their 28 stories above the waters of Biscayne Bay and the Atlantic Ocean, the towers of the St. Regis Bal Harbour which illuminate the sky with their magnificent bronze-coloured reflections, or the Fendi Castle.

In Surfside, the residences of the Four Seasons Surf Club and Eighty Seven Park are essential for investors in luxury products.

Looking for a property in Surfside/Bal Harbour, Miami?

If you are interested in renting or buying a property in Surfside / Bal Harbour, contact one of our BARNES real estate experts in Miami for a list of available properties that meet your specific needs. Our real estate agents who are experts in the real estate market in Miami will carefully select the properties that best suit your needs and your budget.

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The interests of wealthy buyers for prestige property

The report puts forward three engines that guide the real estate choices of these ultra-rich: the share of emotion, the financial aspect and practical reasons. For the emotional side Even if the acquisition is made in order to make a pure investment, the purchaser will appreciate the property as if it were his own residence. He will be even more attentive if he plans to stay there one day "Barnes says. If the affective criteria are personal, the study states " there is often consensus on the criteria of size and volume, the history of the residence, the location and the external environment, the style and design, the quality of the construction and also the view. The architectural identity and reputation of a neighborhood often arouse the interest of wealthy buyers. In practice, the purchase of property for children or grandchildren as part of their studies are particularly preferred.

Passionate and rational criteria

The choice of a prestigious real estate investment by the HNWI is based on passionate criteria, but also rational. The convergence of these two criteria creates a decision cycle that increases the attractiveness of the property and encourages placement in the stone. " Beyond the expectation of performance, our clients want to make an investment that will, in a few years, be worth more than todaySaid Adam Redolfi, one of Barnes' leaders. The ideal property for HNWI must " enjoy a beautiful location, enjoy excellent local services and be unique, whether in terms of benefits or history. All of these criteria must be met because affluent investors do not compromise when looking for a prestigious residence.Adds the report.

The digital revolution

The acquisition of real estate properties responds to a global investment strategy. " Investing internationally in high-end real estate by arbitrating its investments is a basic principle of sound management of its real estate assets. Three main reasons explain this phenomenon: the improvement of the means of transport, notably by air, the technological revolution with the generalization of the digital; the evolution of the world of work, which has become global and without frontiers ". Thibaut de Saint Vincent, President of Barnes is categorical: " the HNWI population no longer limits its investments in its country or on its continent but globalises its sites, shelters its heritage and remains attentive to new opportunities ".

London, city acclaimed

In the ranking of most searched cities by wealthy clients for a real estate investment, London comes first New York, Tokyo, Sydney and Paris. London's first place is justified by its excellent results in most indicators such as cultural wealth, prestigious brands, education, mobility, limited risk investment, the proliferation of companies and the concentration of UHNWI living in the city. The London real estate market remains one of the most expensive in the world, reaching 50 000 € at 60 000 € per square meter for exceptional real estate. However, lower prices in the order of 15 % in 2016, coupled with the depreciation of the pound sterling following Brexit, could however favor foreign investment in London in 2017.

Paris in 5th position

In the report, Paris is appreciated for its luxury brands, its cultural wealth, its air networks and the strong presence of ultra rich. On the other hand, it is less well positioned on the criteria of security and the ease of setting up companies. " A particularly heavy property taxation penalizes it even if Paris benefits from an excellent quality-price ratio with reasonable market values. According to the study, the views of parks and gardens, monuments or the Seine are very popular with the wealthy international clientele. Families are looking for large apartments or mansions close to good schools and green spaces. " Paris is a flagship destination for investors. We are planning a catch-up of Paris on London or New York with a horizon of three to five years"Warns Richard Tzipine, CEO of Barnes.

Cuba, Lisbon and Berlin, destinations of the future

With the end of the embargo, Cuba becomes very attractive. " Investors around the world are flocking to the island with big projects before the Americans can invest heavily there from 2018. For his part, Lisbon is listed with its temperate Mediterranean climate, its numerous air networks and its tax incentive for foreigners who settle there. Portugal attracts the French who are more than three thousand to live there each year. Berlin has great investment opportunities. " The contributionof the technology sector has led to the biggest wave of office development that the German city has ever known. Highlights the investigation. Come next, Taos (USA), Tel Aviv (Israel), The cap (South Africa) and Auckland (New Zealand) among the destinations of tomorrow.

Category: #REAL ESTATE IN MIAMI

Explore Bal Harbour & Surfside neighborhoods in Miami Beach