Ultra modern design apartments for sale in Miami

I have been recently surprised to see that even in places like Miami, consiedered the ground zero of the property crisis, new initiatives to revitalize the market are being invented.
The Mondrian hotel and apartments is a very exciting example of a tired block from the 70's completely revamped by Morgans Hotels (owners of the Saunderson and St Martin's Lane amongst others) who allegedly spent $400 million on it, and turned into supertrendy destination for holidaymakers and property owners.
The Philosophy is simple but effective. Cutting edge design and luxury services for a building that otherwise would be just plain and boring.
The all-white pool area is just amazingly designed in the very South Beach style and definitely makes you feel like you are in Miami, stunning ladies in high heels (some of them models, others not...), media types and in general elegant people hanging around acoompanied with great music in the background, make for a exciting atmosphere throughout the complex.
Well, an the best news, selling prices have come down 50% if you wish to purchase one of the apartments. Prices start at a mere £200k for a 500sq ft apartment, bargain! Service charges are high though, around £7k per annum, but you get top notch services including gym, beauty saloon, the incredible pool service with the kindest ever waiters, and most importantly, the membership card of Morgan's hotels with access to the most exclusive celebrity events and parties all over the world.
Lastly, if you are not there all the time and wish to leave your flat to the management of the hotel, they will rent it for you, at a mere $300 per night and participate you around 40-60% depending on the lease options that you choose.
Contact me at Outlet on 0207 287 4244 if you wish to learn more!!

More sellers on the market in February

With lost of new stock coming onto our books, in Outlet we are starting to feel that the market is waking up from a lethargic winter for property sales.

After some quiet months, we now see competition for the flats in the new block we are marketing in Long Acre at very premium prices, and even properties that did not attract much attention during the winter are going quickly under offer.

Also, an increased number of sales agreed over the last 8 weeks shows a much more active market pointing to a spring with lots of transactions.

The UK housing market in February saw a jump in the number of people putting their house up for sale, according to estate agents.

The National Association of Estate Agent’s (NAEA) market report for February shows a year-on-year rise of 25 per cent in the level of available housing stock.

The number of house hunters registering with an agent across the country also rose to 268 reported in February compared with 252 in January per branch – the highest level for seven months.

Sales increased across the property market in February, growing from an average of 6 to 8 per branch month on month, despite continuing consumer concern regarding interest rate rises.

The percentage of sales made to first time buyers also increased slightly from 24 per cent in January to 25 per cent in February.

NAEA President Michael Jones said:

“To see such a significant boost in activity amongst sellers compared with this time last year is encouraging news for the UK property market. The signs are that they are being more realistic about the price they can expect to achieve when they put their house on the market. This means that, on the whole, supply can meet demand levels, meaning a more stable market, for the short term at least.

“However, the picture is still very variable across the UK with agents reporting much higher growth in enquiries and stock availability in some regions than others. Undoubtedly, broader economic constraints on spending continue to impact on consumer confidence, especially at a First Time Buyer level, and the effect of the public sector cuts has yet to be fully felt. With limited mortgage availability and the concern about a likely rise in interest rates still putting off many of the people who otherwise would be looking to buy, it is important that the government does everything it can to encourage growth at this crucial stage of the recovery process.”