Very funny, Google.
It’s not that Miami isn’t welcoming to Americans, or that developers prefer Brazilians. They don’t. But in this global city today, the big real estate buyers are all from abroad. And one of the reasons, especially when it comes to new developments, is the sales model.
“Latin Americans and Europeans are used to paying in cash for real estate. American’s are not. What we’re doing with our Brickell House property in Miami is telling people that they can pay us quarterly while the project is being built so that by the time it is done in two years, you have paid for almost 70% of your home,” says Harvey Hernandez, chairman of the Newgard Development Group, a luxury property developer in Miami.
“This is the best way to buy it. Or you can wait for the project to be complete, like Americans do, and pay about 40% more,” he says. (read more…)
Image thanks MiamiThings
Una ilustracion de video describiendo diez billones de dolares de boom procedentes del Downtown Miami.
Ivy at Riverfront & Mint at Riverfront, from the motorcourt #LOVE
ALL THE STARS IN BETWEEN (by Rober1000x)
