Elite International Realty facilitates a condo purchase at the Domus Brickell Park development in Miami for a Brazilian buyer as World Cup interest boosts foreign investment.
The upcoming World Cup is driving renewed interest in Miami's residential real estate market, with brokers and developers leveraging the event to court international buyers, particularly from Latin America. As the broader market experiences a slowdown, these foreign investors are providing a necessary spark for condo sales.
Highlighting this trend, Daniel Ickowicz of Aventura-based Elite International Realty recently represented a client from Brazil in the purchase of a unit at Domus Brickell Park. The project, which allows for short-term rentals, is being developed by North Development, a joint venture between Ricardo Dunin’s Oak Capital and Juan Carlos Tassara’s Edifica.
Robert Finvarb Companies launches NoBe Parc, a short-term rental condo project in the North Beach neighborhood of Miami Beach.
El-Ad acquires a condominium property in Miami for $46 million.
Developers are set to break ground on a new 800-bed student housing facility located at 110 S Boulevard in Tampa.
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