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Welcome to the Fairhomes Land Investor Information website. Please read the information carefully before using this site. By continuing on this site you acknowledge that you have read and agreed to the following: Forward Looking Statements – Statements prepared by Fairhomes Land and made on the Fairhomes Land Investor Information website that are not historical facts are forward looking statements as defined in the Private Securities Litigation Reform Act of 1995. For the purpose of establishing the Seller’s compliance with Federal Interstate Land Sale Full Disclosure Act 15 USC 1701 (“ILSA”) in the sale of lots to buyers, the enquirer confirms that they are a builder, investor or developer licensed to do business in the state of Florida and is engaged in a bona fide land sale business and is purchasing the property for the sole purpose of either constructing a residential home or selling the same in the normal course of its business. The enquirer further represents and warrants to the Seller that the enquirer is in the above referenced business sale of land sales and/or building residential homes and selling the same as an activity of continuity, regularity and permanency. The enquirer is a knowledgeable and sophisticated investor, developer or builder of real estate properties.
Tel: +1 (905) 415-9267 or +350 200 400 48

Demand on the increase for luxury properties in Florida

18th Feb, 2013back

341 Buyers with higher budgets have been looking to coastal Florida and its array of bayfront mansions for investment opportunities. 

The luxury accommodation market in Miami has been experiencing rising prices previously unheard of in the area, particularly for single-family homes and condominiums. This is thought to be the result of increased foreign demand and a renewed interest from nationals, with buyers hoping to take advantage of the luxury lifestyle on offer in Florida.

Art Basel Miami Beach and the development of other cultural and entertainment venues have contributed to the city’s emergence as a magnet for the world's richest people.

Recent property sales include the president of Miami Heat basketball team, Pat Riley, selling his Gables Estates 12,856-square-foot bayfront mansion for $16.8 million last March. The property boasts a theater, library, wine cellar and impressive water features; however, the buyer, who was listed as an LLC with representation by Miami-based attorney Mark Hasner, has plans to tear down the building. He is simply interested in owning the two acres of prime land overlooking Biscayne Bay.

Boich Group CEO Wayne M Boich Jr purchased three adjoining bayfront properties in Miami Beach for $17.7 million last July and knocked down the homes to make way for one huge property. Even A-listers are being drawn to the area, with Alex Rodriguez owning a stunning residence just south of Boich’s property, although Rodriguez has recently rented the contemporary mansion out.

Jorge Uribe, senior vice-president at One Sotheby’s International Realty, said: "The trend in the last several years is a demand for very high-quality product. People are looking for really good locations, really good materials, and they're willing to pay for it".