Brazilians are the biggest real estate buyers in South Florida, but with the recent recession in Brazil, Colombians have taken the lead. Almost as a harbinger of change, Juan Carlos Gonzalez of Ancierto Inmobiliaro, a commercial and residential development company in Colombia will be breaking ground on the Bijou Bay Harbor. This seven-story condo building will be located in the neighborhood of Bal Harbour and Miami Beach at 9521 East Bay Harbor Drive. Each of the proposed 41 units will be sold at $530 per square foot, with most of the units measuring between 900-2,000 square feet.
The boutique project is being snapped up quickly. More than 17% of the building has already been sold to Brazilian owners according to The Real Deal Miami. The call of the waterfront location and excellent real estate credentials make this a great buy. Amenities on the secluded island oasis include a pool deck located on the roof, complete with cabanas, in addition to a boat dock and lounge areas alongside local Bay Harbor amenities as reported in the project’s website, (www.bayharbor.com). Adriana Hoyos designed the interior, keeping in mind the natural beauty of the surroundings, while Revuelta Architecture International designed the edifice.
Bal Harbour is one of the most coveted locations not just in Florida, but in the world. Famous for what has been called the most beautiful shopping center in the world, and located on the northern tip of the Barrier Islands, this piece of paradise offers luxury living and designer shopping. In addition, the superior beaches offer white sand, spa resorts, and exclusive contemporary dining. Residents predominantly speak English, with Spanish, Polish, French, Portuguese and Russian also being spoken.
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Source: MiamiHerald.com, “Developer plans luxury condo project for Bay Harbor Islands”. NICHOLAS NEHAMAS 18 September 2015.