Cultural life and education in Miami

The real estate itself is far from being the only criterion in the decision to invest abroad and that, the team of Barnes Miami knows it well! So to convince you to move to Miami, we explain why you will find everything you need in education and cultural life.

An intense cultural life

Far from what one can expect from a holiday destination like Miami, the city offers a cultural offer so rich and diversified that few other big cities can compete with it.

Museums and art galleries

Museums and art centers are legion in Miami: the Miami Art Museum, the Adrienne Arsht Center for the Performing Arts, the Bass Museum of Art, the Vizcaya Museum and Garden or the Wolfsonian Museum are than the biggest names in the region. To these are added a multitude of art galleries, present in many neighborhoods, including the Design District, Coconut Grove or Coral Gables. They present works from around the world but also many local artists.

Shopping and restoration

In a city where multiculturalism is the norm, it is no surprise to find an offer of restaurants and shops as varied and for all budgets, from the most demented to the tightest. The Dolphin Mall, Lincoln Road, Coco Walk or Miracle Mile are among the favorite addresses of all fashion models on the planet. Foodies are not left out since Miami is home to cuisine from around the world, from the typical American to European cuisine, through Asia, Africa and Latin America. All palaces of Miami have something to find their happiness!

Clubbing

You are surely aware of this point there. The nightlife of Miami is the dream of party-goers all over the world! The diversity of bars, clubs and night clubs promises to find the right atmosphere for your age and your musical tastes.

Nature

Perhaps the most surprising thing is that Miami has not lost its connection with nature. It remains ubiquitous and very accessible. The endless beaches, whether natural or landscaped, the countless parks of the city, some of which are world famous or the lagoons will allow afficionados of fresh air to enjoy the great outdoors while enjoying the benefits of great city. There are countless outdoor sports that can be practiced in Miami, on the water as on land.

Quality education

Another criterion more than important when one expatriates in family: the quality of the school system. And in Miami, you have something to be reassured because ...

5 good reasons to invest in Miami

1 & #8211; A dream destination

Miami is a destination that no longer presents. Who does not know its shining sun all year long on sandy beaches that stretch indefinitely at the feet of ultra-modern buildings and luxurious villas?
But Miami is more than just a cliché and a tropical holiday destination. The city offers a bubbling cultural life and an impressive diversity. Neighborhoods live under the same blue sky, but are not alike. There is something for everyone, for varied budgets, and varied lifestyles. If you want to know more about the neighborhood that best fits your project, it's here!

2 & #8211; Still affordable real estate prices

During the subprime crisis of 2008, Miami had been one of the cities in which prices had fallen the most. But it is also in Miami that the real estate is distributed more quickly. The reason for this craze? The appeal of investors around the world for this unique city on the international map, in the heart of the Americas, with considerable prospects, and a growing economy. Confidence has pushed up prices, but today it is estimated that the city has not said its last word, and that the prices it offers remain well below other global cities acclaimed internationally. So buying in Miami is enjoying a dynamic environment, but also rely on a promising development generator of capital gains in the medium-long term.

3 & #8211; An advantageous tax system

The state of Florida, and Miami Dade County do not levy income tax on its residents. They must pay the federal income tax (that of the United States). This removes 2 levels of taxes and thus alleviates the taxation of those with significant taxable income. Most other US states do not have this tax and residents are taxable at 3 levels (city - state - country).

This explains the attractiveness for Florida of entrepreneurs from New York and California for example.

In rental investment, under certain conditions, the rental income can be amortized during the period of ownership of the property through a depreciation mechanism.

In the event of a capital gain on the resale of real estate, the tax rate is around 15%, which remains much less important than in many European countries for example. Regarding the acquisition costs, they are reduced between 1.5 and 2.5 % of the purchase price.
Some countries, like France, have signed a tax treaty with the United States. This allows, under certain conditions, to avoid double taxation.

Florida and Miami offer a particularly interesting fiscal climate, but it is always essential to consult your accountant and tax specialist before acquiring a property, to check what applies to everyone's personal situation and to better structure your investments. from the beginning of the project. The heritage and estate aspect is, for example, another factor to be taken into account.

The Barnes office in Miami is there to direct you to professionals you can consult.

4 & #8211; A strategic geographical situation

For the last ten years, Miami has been speeding up the opening of airlines, making its airport an unmatched hub of the Americas, but also a gateway to the Americas for countries around the world. Recently, lines have been opened to the Middle East (Qatar), Tel Aviv, even Japan is planned in two years!

Just 30 minutes from Miami, Fort Lauderdale also has a growing international airport, including a choice of low cost companies including Europe (Norwegian airways has a direct line Miami-Paris).

Logically, this service to the two airports, makes Greater Miami a very suitable place as a starting point for the development of international business.

5 & #8211; A promising economic development

Miami's ability to attract entrepreneurs and investors from around the world and its unique position on the international scene today encourage the city and its economic actors to diversify the development axes.

Beyond tourism, a major historical winner of the business sectors, Dade County relies on diversity: import-export of course, financial center (the second of the United States after New York), but also aeronautical maintenance (Miami en has become a major center on the continent), life sciences, health and biotech, luxury and design sector, new technologies ... there is not a day without an announcement confirms the desire of Miami to win a new place in the sun of business.

Beyond its geographical position, one of the city's assets is a young population and a multi-cultural and multilingual environment sought after in a period when globalization is the key word of business. "Last but not least" in the essentials of sustained economic development, the legal and social climate is largely favorable to entrepreneurs.

The Mayor of Miami Dade's ambitions are clearly displayed: Miami is becoming, before the middle of this century, one of the 4 largest economic centers of the United States turned to international, joining NY, Los Angeles, Houston & #8230 ; and one of the major business centers of the world, like New York, London, Hong Kong or Singapore!

 

All about Miami

Before deciding to invest in Miami, it's always good to know a little more about the city and the possibilities it offers. The Barnes team has put together a summary for you to know everything about Miami.

Let's start at the beginning: Miami is a US coastal city located in the state of Florida at the Miami River Estuary. It is a world-class financial and cultural center. With an agglomeration of more than 5,500,000 inhabitants, it is the 8th largest city in the United States.

Miami, a little history

It was the Tequesta Indians who first populated the shores of the Miami River, an Indian word meaning "fresh water". In 1513, Spanish conquistador Juan Ponce de León discovered Biscayne Bay, but it was not until the early 1800s that many European settlers settled in the area. Following the Second Seminole War (1835-1842), the civilian population was evacuated and it was not until the end of the conflict that William English founded the Village of Miami on the south bank of the river. A few years later, the village becomes the chief town of the county.

Julia Tuttle, a wealthy businesswoman, squeezes the potential of the region and decides to plant a large plantation of lemons. She will devote her life to the development of the city of Miami, supported by William Brickell. In 1896, they persuaded Henry Morrison Flagler to connect Miami to his railway line, the Florida East Coast Railway. It's also Flagler opening the first luxury hotel in Miami. The city then undergoes an important development, which is not only turned towards agriculture but also towards tourism.

In the 1920s, the city of Miami decided not to implement Prohibition, which earned it an impressive demographic boom, increasing its population from 30,000 to 200,000 people.

Miami, symbol of multiculturality

Miami is a very cosmopolitan city with residents from around the world, including from Latin America, to the point where the city adds Spanish and Creole to official languages, in addition to English. Miami is synonymous with diversity and it is also reflected in cultural life, for example the offer of restaurants where all the cuisines of the world are represented.

Miami, a way of life

As everyone knows, Miami is a city where life is good. The tropical climate has made Miami a city where the sun shines all year round. With hot, humid summers and mild, dry winters, Miami has seen lush tropical vegetation grow in every street and park in the city.

But the afternoons on the beaches of South Beach are not the only activities to do in Miami. The cultural life is dynamic and varied and a multitude of activities are available to you.

A dynamic economy

Miami first experienced a development based on agriculture, including citrus. The city then turned to tourism, thanks to its geographical position and its advantageous climate. It has become one of the favorite seaside resorts of the international jet-set.

The city has also opened up to international trade, particularly with Europe and Latin America, so much so that Miami is nicknamed the "Gateway of the Americas". The pharmaceutical, technological, chemical and fisheries sectors have developed, as has the financial sector. The port of Miami, which gives access to more than one hundred sea lanes, ranks in particular 1st worldwide for passenger cruises.

Miami or "the Magic City" is magical in that it offers an undeniable quality of life, while enjoying exceptional economic development. This is the perfect place to invest!

10 Predictions for 2018

As every year, BARNES 'goal is to anticipate the market to help its clients seize the best opportunities. So today we offer you our 10 predictions for 2018 regarding the real estate market in Miami. 

1 & #8211; Buyers from the Northeast of the United States will dominate the market

In the Miami real estate market, foreign investors are becoming increasingly rare. But this is offset by a new influx of buyers from the North East of the United States. Indeed, we receive many requests from New Yorkers looking for a second home under the sun of Miami, or even people seeking to relocate.

2 & #8211; The return of the Europeans

With a record value of the euro reaching $ 1.20 for the first time since 2014, Europeans are acquiring a very strong purchasing power in the United States. And the best way to secure a dollar investment is real estate!

3 & #8211; Bitcoin transactions

While the Bitcoin craze is still on its way, investors who have successfully bet on cryptocurrency are looking for ways to diversify their portfolios. Foreign investors sitting on mountains of volatile capital that they would like to "solidify in stone" could well turn the Miami real estate market into a paradise for their crypto-currencies. Indeed, the first real estate transaction in Bitcoin has been carried out in Miami and opportunities to buy Bitcoin are increasing.

4 & #8211; The housing market will remain stable, while the high-end will slow down

The Miami home market works in a totally different way than condos. In recent years, we have seen a steady rise in transactions in the home market. However, the market for high-end homes is declining as supply increases. This implies that buyers are no longer paying a high price for properties that are not perfect and that do not justify such a high square feet price. L & #8217; location and size no longer does it all!

5 & #8211; Neighborhoods continue to see their attractiveness grow

Neighborhoods such as Edgewater, North Beach or Downtown will continue to grow in value thanks to major commercial projects and new infrastructure that continues to grow.

6 & #8211; New neighborhoods to watch

Buyers will turn to new geographic areas that are still affordable and therefore offer attractive real estate opportunities. We think in particular of South Miami, the Roads or some areas of the Upper East Side.

7 & #8211; The Tax Reform will increase the number of transactions

After the Tax Reform reducing the income tax from 35% to 21%, many individuals will have new funds to invest. And many of them will choose real estate!

8 & #8211; Commercial real estate will peak

Commercial real estate and the so-called "Triple Net" or "NNN" opportunities will see their demand increase, while their interest rates stagnate. There are now many investment opportunities with leases ranging from 10 to 25 years whose net profitability (ranging from 5 to 10%) are guaranteed by the tenant's parent company.

9 & #8211; The boutique buildings continue their seduction business

Real estate developers will focus on buildings of smaller sizes than before. No more 60-storey buildings and 300 apartments, instead of more private and exclusive residences, often thought by the best architects in the world. These buildings are called "Boutique Buildings" with a small number of apartments.

10 & #8211; The big internet companies will bet on real estate

Ebay, Google or Facebook will all bet on the real estate market, through acquisitions and investments. The real estate market offers opportunities that are not denied.

BONUS: The economy and the real estate market will work well

The creation of employment peaks, the unemployment rate is at its lowest for 17 years, wages take off and companies invest at full speed, while corporate taxes fall dramatically. The political uncertainty will not slow down the global economy, which is starting again at full speed, leading to the real estate market.

Fasten your belts, 2018 promises to be a prosperous year!

+ 1 (305) 361 2233
[email protected]

Barnes Miami 
1150 SW 22nd Street
33129, Miami, Florida.

Discover Miami differently with Barnes, Sobarnes.com

Follow us on Facebook www.facebook.com/barnesinternationalmiami

Follow us on Instagram @barnesmiami

 

Miami Beach Private Pool Apartment

An apartment with private pool in Miami Beach

Live in an apartment and enjoy a private pool, a utopia? Not in Miami! We see more and more apartment where the terraces take more and more space, to the point of having the place to install a pool. And we will not complain, because it allows to enjoy the good weather of Florida at home, while enjoying the benefits of a condominium.

321 Ocean Dr #PH, Miami Beach, FL 33139

With a terrace of 485 m², it would have been very strange not to install a pool! All the criteria are there to create the perfect apartment: Location, in the heart of South of Fifth, a chic and quiet neighborhood just steps from vibrant South Beach and its countless nightclubs and restaurants; un penthouse to gain height, here is the rule of thumb when you want to admire beautiful views; and a penthouse & #8230; on 2 complete floors! Goodbye nuisances related to neighbors, no one on your floor or above, synonymous with absolute calm!

Click here for more information

1300 Monad Terrace # PHE, Miami Beach, FL 33139

This is the flagship program of Miami Beach. The Monad Terrace was designed by the famous Jean Nouvel, winner of the Pritzker Prize. It will have 4 exceptional and unique penthouses. The one we present today will have 5 bedrooms and 5 bathrooms and especially a private rooftop with jacuzzi and swimming pool. The design of this apartment creates a real alchemy between indoor and outdoor spaces, to take full advantage of the magnificent views that this dream location offers.

However, it will be necessary to wait until 2019 for this beautiful apartment to be delivered.

Click here for more information

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801 S Dr Pointe # PH-3, Miami Beach, FL 33139

Marea is a 30-room boutique building located in the SOFI district, or South of Fifth. It is a quiet and elegant neighborhood within walking distance of South Beach and its endless entertainment. This beautiful penthouse is proposed key-in-hand, totally furnished with taste and especially with its beautiful pool that promises beautiful sunsets. If you're tired of your own pool, head to the building's pool with its cabanas or private beach.

Click here for more information

To learn more about real estate opportunities in Miami, do not hesitate to contact us!

+ 1 (305) 361 2233
[email protected]

Barnes Miami 
1150 SW 22nd Street
33129, Miami, Florida.

Discover Miami differently with Barnes, Sobarnes.com

Follow us on Facebook www.facebook.com/barnesinternationalmiami

Follow us on Instagram @barnesmiami

Photo credit: Monad Terrace renderings by Jean Nouvel 

5 Houses with pool less than a million

Houses with swimming pool to enjoy the good weather of Miami

When we think of life in Miami, we often imagine its inhabitants lounging on the sandy beaches or in azure pools every weekend of the year. So what's better than having your own private pool to enjoy the Florida weather all year round? The BARNES Miami team has today selected 5 pool homes in the Miami area, all under $ 1 million.

6803 NW 116th Ave, Miami, FL 33076

This house built in 2004 has a beautiful plot of almost 600 m², one of the largest in the gated community Olde Brooke in which it is located. It has 6 bedrooms and 5 bathrooms, as well as an office, a games room and a reception room. Outside, there is an indoor swimming pool and a patio with summer garden.

Price: $999,999

For more information

1904 NE 204th Ter, Miami, FL 33179

This charming house has been totally renovated from plumbing to electricity, air conditioning and windows. It is located near Aventura, in a quiet area. The garden has a pool and a summer kitchen overlooking large green areas. It has 4 bedrooms and 4 bathrooms, as well as a laundry room large enough to become a maid's room.

Price: $999,999

For more information 

7300 SW 108th Ter, Pinecrest, FL 33156

This beautiful property was built in 1968. It has 5 bedrooms and 3 bathrooms. The kitchen has been renovated and the appliances have been renewed. The living room is very spacious and overlooks the garden, its large patio and swimming pool. Located in the district of Pinecrest, it is close to many good schools.

Price: $999,999

For more information 

12040 SW 43rd St, Miami, FL 33175

Built on a large plot of over 650 m², this house is located in the area of Horse Country. The entrance is composed of a carriage rack and two parking spaces. The floors are marble in the 7 rooms, the office and the 5 bathrooms of the property.
In the garden, the pool runs along a pergola and faces the guest house.

Price: $999,999

For more information 

7120 SW 107th Ter, Pinecrest

It's a pretty Mediterranean-style house on a garden floor in the Pinecrest district. It has 6 bedrooms and 5 bathrooms. The right wing can be transformed into a second apartment, with one or two bedrooms, a living room and a private entrance. The land measures almost 1580 m2 .

Price: $999,900

For more information

If you would like to learn more about buying homes with swimming pools in Miami and its surroundings, do not hesitate to contact our team of experts!

+ 1 (305) 361 2233
[email protected]

Barnes Miami 
1150 SW 22nd Street
33129, Miami, Florida.

Discover Miami differently with Barnes, Sobarnes.com

Follow us on Facebook www.facebook.com/barnesinternationalmiami

Follow us on Instagram @barnesmiami

For sale | 4350 Sabal Palm Rd | Large house in the heart of Bay Point

The BARNES Miami team Introducing you today at 4350 Sabal Palm Rd, a rare property located in one of Miami's most exclusive neighborhoods.

Bay Point, welcome to paradise!

Buying a house in Bay Point is like settling in an oasis in the heart of the city. Only a few blocks from the glamorous Design District, this private and supervised community offers its residents an exclusive and safe lifestyle, surrounded by lush greenery. A few minutes from the Midtown Mall, vibrant Wynwood, Downtown and beaches, but also from renowned private schools (The Cushman School, Miami Contry Day, The French American School of Miami & #8230;)

4350 Sabal Palm Rd

 

4350 Sabal Palm Rd, Miami FL 33137

This vast Florida house of almost 500 m² is located on a large corner lot of almost 1500 m². It has recently been totally renovated, with quality finishes in 5 bedrooms and 5 bathrooms. The house also has a large office and a room that can be used as a gym or second living space, as well as a floor reserved for guests with a separate entrance. The large kitchen opens onto a patio overlooking an outdoor kitchen. The property also includes a large pool, and an outdoor lounge. the lush vegetation really makes this property a nice place.

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If you want to discover all the opportunities to seize in Miami and its surroundings, do not hesitate to contact our team of experts !

+ 1 (305) 361 2233
[email protected]

Barnes Miami
1150 SW 22nd Street
33129, Miami, Florida.

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Discover Miami differently with Barnes, Sobarnes.com

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