Magazine Belles demeures de France

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Buying in Miami

In early December, the Art Basel and Design Miami fairs will open under the Florida sun. Why not take the opportunity to explore the real‑estate market?

Miami Beach’s buildings boasting Art Deco‑style facades and the area’s unique lifestyle are renowned across the globe. However, Miami benefits from numerous other neighbourhoods which have lots to offer to residents. Boasting luxury boutiques and art galleries, the Design District, for instance, has become increasingly desirable. There are also little near-private islands dotted with sumptuous villas, or, in a much more contemporary vein, futuristic tower blocks facing the sea and commanding stunning views. According to Edgardo Defortuna, President, CEO and founder of Fortune International Group, the range of options is extensive. “Brickell and Miami River offer a lively atmosphere in which business hubs, restaurants and cultural venues rub shoulders. For a residential area close to the ocean, buyers head for the Miami Beach, Surfside, Bal Harbour and Sunny Isles neighbourhoods. Coconut Grove, Coral Gables and Key Biscayne are keenly sought‑after by families looking for spacious homes with access to leafy greenery. The lively Design District and Edgewater are also popular with buyers.” In short, Miami boasts a wealth of desirable neighbourhoods benefiting from proximity to the beaches, the sunshine, the dynamic cultural scene and state‑of‑the‑art hospitals, not forgetting an attractive tax system. Compared to Paris or London, prices per square meter remain reasonable, but if you’re taking the plunge, don’t wait too long.

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