Record price for Miami property
Recent reports suggest that USA real estate prices are continuing to recover at a steady rate and that most sectors of the market are showing signs of improvement.
Luxury properties in many regions of the US have seen millions of dollars wiped off home values but there is evidence that the super wealthy are back in the game. One luxurious property in Miami has just been sold for a record price of $47 million making it the most expensive property sold in the city to date this year.
The wealthy new owner, as yet un-named, has bought a ten bedroomed mansion on the exclusive private island of Indian Creek – the 300 acre island contains 32 homes together with an 18-hole golf course and country club. The spectacular property in question also includes a swimming pool around 30 metres in length, a roof top bar with Jacuzzi, a 3D theatre and a fully-equipped gym complete with waterfront views.
According to a variety of leading USA real estate agents properties valued at $1 million and above are once again on the move.