Occupancy Rates are Soaring in Downtown Miami Condos
With most downtown Miami Condos’ dark and desolate, newly built condo towers may look ghostly. But as the downtown area quickly fills up with residents, that's changing.
Renters are marching in to help lighten things up, although Miami condos sales remain sluggish. Sales are picking up, too.
An occupancy report released Wednesday by the Miami Downtown Development Authority, found that 62% of the new condos built since 2003 are, in fact, inhabited by humans.
1 comment:
Nice blog. Yes, it is true that Miami is a vacationers paradise. What if you have a daily lifestyle that gives you the feel of an extended vacation? No lawn mowing on Sundays, no chasing after plumbers, and no late night calls to the electrician following a major fault in your electrical system? Living in a luxury condominium makes you feel like you are in a five-star hotel where all the details of daily life are taken care of by a trained staff that is just a phone call away.
But living in style is not the only reason to pour your hard earned money into a Miami condominium. It is the lure of profit that really justifies such an extravagance. Even amidst the worst market conditions, Florida properties, especially the Miami real estate market, stands steady. Rent it out or sell it off, because a Miami condominium investment never lets you down, and yes, even in the worst market conditions you will still come out on top.
These Miami condominiums give all the comfort one can dream of. The ocean, lush nature and the wonderful climate will melt away your urban stress. Add to that the excitement of interacting with a vibrant multi-cultural mix of people as well as the active night life of the city, and everyday can be an exciting adventure. Your Miami condo may be your only home or it can be a second vacation home that you use for long holidays or short trips. You can even rent it out to receive steady cash flow from your real estate investment. In any form, a Miami condominium ensures the maximum value for your money.
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