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Purchasing Miami Luxury Real Estate

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In spite of what would seem to be the common opinion of the fall of the real estate market in the Miami area, Miami luxury real estate remains an extraordinarily popular locale for those looking for a slice of South Florida heaven.

Granted, South Florida does still experience its share of hurricanes, and the traffic isn’t anything to write home about, but these are sacrifices that many real estate investors are willing to look past for the amount of value one can achieve for their investment in the Miami metropolitan area. The city still boasts some of the most beautiful beaches found anywhere, and virtually impeccable weather all year round. It is easy to see why the popularity of The Magic City is still flourishing.

Purchasing Miami Luxury Real Estate

Miami is one of the truly culturally diverse locales anywhere in the United States, however with the rich Cuban culture, and the influx of European investors into the region, it can be said that South Florida may be the most culturally diverse city outside of New York. The amenities and offerings that bolster the city differ from neighborhood to neighborhood.

Miami isn’t all bright lights and the party scene that is associated with the popular South Beach location glorified in movies, and television. Many neighborhoods offer much of the same things that out-of- state potential home buyers have come to expect from their former homes. Several of the areas in Miami provide playgrounds, excellent educational systems, and everything one has come to expect that desires the quiet and family oriented lifestyle.

Additionally, there are neighborhoods in Miami for those fashionistas in the Design District, those interested a bit more in artistic influence and the architecture of the Arts District, and even those that desire restaurants, fine-dining, or the sporting life.

The Miami luxury real estate market has undergone several periods of change in reflection of the changes that have taken place within the city of Miami itself. The technology revolution, the housing bubble in 2008, and the construction boom that followed all have shown the resiliency of the city of Miami, as well as the ensuring interest in the beautiful metropolis.

A good amount of Miami luxury real estate can be considered some of the most elegant, and opulent condominiums and homes that you’ll be able to find anywhere in the world. Between the gorgeous mansions, and high-rise condos overlooking the beautiful Biscayne Bay, it can be easily seen why luxury real estate in Miami is so sought after. With a boost of both domestic and foreign investors, the market may not be displaying large amounts of growth that has come to be expected of the area, but the market remains stable, hardly in recession.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_separator][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

Popularity of Miami Luxury Real Estate, with Good Reason

There is a multitude of reasons why investors decide that Miami is a good location to invest in real estate. One of the biggest benefits that the State of Florida is bolstered by when it comes to those, especially the more financially prominent, that look to make Florida their home, is state taxes. Florida has no state income tax whatsoever, and a good way of looking at it is that essentially you are receiving a discount, or being paid to reside in our great state and enjoy all of the beautiful amenities of one of the best places to live in the United States. For those with large incomes, the cities of New York and Los Angeles both boast an income tax rate in the ballpark of 10% annually, equating to a large amount of savings at the close of the tax season.

Miami is also viewed as a capital city in regards to Latin American culture, and high-profile properties are purchased by Latin American investors. South America has had issues in the past with several different financial problems related to instability in currencies and governments, and many prominent businessmen and other investors look to protect their assets against the potentiality of financial misfortunes that could befall them in their homelands.

Another major benefit for those that are interested in purchasing real estate in South Florida has the economic connotations and causalities that stem from the increased amount of currency being printed in our country. Real estate can be considered second to gold when it comes to tangible currency in downturned financial environments, and many investors look to purchase real estate, especially in times of political duress.

Miami Luxury Real Estate with Steven Vargas

The best thing to do when looking to enter the luxury real estate market in Miami is to find a real estate agent that you feel comfortable with, and that is familiar with both the market and the South Florida area.

Steven Vargas is a real estate agent specializing in Miami luxury real estate condominiums, and homes. As a home-grown Miamian, Steven Vargas resides in the Brickell Key area of Miami and has spent a lifetime in the city, knowing it as well as anyone in the industry. Steven has a personal interest in the art and architecture of Miami and can be the perfect asset to finding the perfect home of your dreams. He draws on both his knowledge and experience in the city of Miami to help clients, buttressed by his familiarity with the neighborhoods of the city.

If you are looking into entering the Miami luxury real estate market as a buyer or seller, contact Steven Vargas today for more information on how he may be able to make your dream of being a luxury real estate investor a reality.[/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1480359066055{padding-top: -25px !important;}”][vc_column][vc_column_text]

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Chloe Vargas

Miami native, Chloé Di Pietro Vargas, is a rising star in the real estate world. Chloe is a savvy South Florida real estate agent with a passion for helping residential and investment clients buy and sell luxury properties. A specialist in condominiums, high-end homes, and rentals, as well as investment and income-producing properties, she draws her background in property management and communications to analyze off-market opportunities and negotiate seamless deals for her discerning clients.

Chloé is devoted to serving the needs of real estate buyers and sellers in destinations including, Brickell, Downtown Miami, Edgewater, Miami Beach, Aventura, Sunny Isles, and Coral Gables. Whether you’re looking for a luxury condo in Brickell or for a home in Key Biscayne, Chloé looks forward to introducing you to communities and lifestyles of some of Miami’s finest neighborhoods.

While assertive and ambitious, Chloé is also gracious and accommodating; she is, in short, the ideal teammate and agent. Chloé and her partner, Steven Vargas, provide first-class service and unmatched dedication to their clients, with a not-to-be-denied commitment to ensuring the smoothest possible process and the most desirable outcome.

Having built a successful career in events and property management, Chloé has a well-rounded approach to buying, selling, leasing, and investing in real estate. Chloé holds a degree in communications and sociology from the University of Miami.

Steven Vargas

Steven Vargas is a Realtor Associate focusing in luxury condominiums and single family homes in the Downtown, Brickell, Miami Beach and Coral Gables areas. He is an agent who recognizes the importance of utilizing a personal approach when interacting with clients.

Highly energetic, motivated, and detail-oriented, Steven is able to closely relate to his clients and provide viable solutions to any of their questions. With that goal in mind, Steven leverages an entire lifetime of living in Miami to the benefit of those he serves. Having grown up here, he has seen first-hand nearly every lifestyle experience the city has to offer.

Today, he specializes in the downtown and Brickell areas, which he also has called home for the past eight years. Steven believes that the more time you spend talking to people as a problem solver, the more you cultivate a mindset of strong sales and marketing. In his opinion, communication and trust are the keys to generating results. Steven’s valiant efforts have earned him the 2015 “Rookie of the Year” and 2020 “Top Producer” with Cervera Real Estate.

Steven’s love for real estate has opened doors to investments. He prides himself on educating his clients on how to purchase investment properties and receive passive income through this process. Steven and his partner Chloe are focused on creating generational wealth through real estate investing by producing passive income. They love sharing this information with family, friends, and clients leading Steven to launch their first YouTube channel — where he shares his knowledge for all things real estate. Steven is fluent in both English and Spanish.

Find Your Dream Home and/or Investment Property

Partner with a real estate team who will give you the personal attention and advice you need during the buying, selling, renting and investing process. The Vargas Team is committed to applying their skill and knowledge towards helping you find exactly what you are searching for in your next home or investment. To get started on your real estate endeavors today, Steven and Chloe can be reached at (786) 683-2938 or click here to contact us now. We look forward to making your vision a reality!