Monday, April 16, 2018

Reasons to invest in South Florida

Over the last few years, South Florida has become one of the best places to invest in Real Estate thanks to its fast growth. For Gables Riches, this represents a great business opportunity, whether you’re looking for Property Investment or a second home. That’s why we’ll share 5 reasons why South Florida is becoming the best option to invest in.

1.     Affordability: The local market offers affordable properties with many amenities and seller incentives. And thanks to its multiculturalism, it’s becoming the center for international buyers.
2.     Weather and activities: Florida is the only subtropical state in the US, making its weather very fresh during the spring and summer and slightly cold during autumn and winter. Its weather is an advantage; you can enjoy all-year round water sports, such as snorkeling, boating, kayaking, and more. And its beautiful beaches attract visitors and potential customers.
3.     Lifestyle: There are so many things we can say about the world-renowned Miami lifestyle: children, adults, and elderly. There are more things than the party scene: wildlife resources, parks, beaches, and more.
4.     There are differences between South Florida and North Florida: South Florida is a worldwide, diverse capital with a high Latin-American influence, and it’s where the most well-known lifestyle happens. On the other hand, North Florida has a different weather than the rest of the state.
5.     Taxes in Florida: Florida is one of the few states without tax income and it has a low cost of living. But there’s a catch: gas tax is high, so saving some gas by running some errands on the same day can be a good way to save money.

As you can see, living in South Florida has many opportunities to start a new lifestyle and Gables Riches is here to help you during the process. Just contact us today.

Thursday, April 5, 2018

Why should you move into a townhouse?

   You’re starting your adult life, or you want to have your first home with your partner, and while dreaming big is always positive, starting small is always recommended. Investing in a townhouse for your first home is probably the smartest choice if you’re starting in Real Estate, since they’re usually cheaper than single homes. At Gables Riches, we’re experts in finding the best townhouses for you, and today we’ll give you 4 reasons why investing in a townhouse is the smartest choice.

  •   HOA: The Homeowners Association fee is usually something that makes several investors run away, but it usually includes landscaping, garbage disposal, roof, pool maintenance, and more.

  •   Perfect investment opportunity before buying your first home: By renting a townhouse, you can save some money before your big investment, and at the same time, you’ll have some idea what it’s like to take care of a property on your own.

  •   Evaluate the pros and cons: Study what you’re looking for, what investment opportunities you have, and how much space you have for your belongings. It’s even important to take into account the types of neighbors you have.

  •  Check your Insurance Situation: With a proper Property Insurance service, you can protect your investment and your family.

   At the end of the day, it’s important for you to take your needs into consideration. Gables Riches is here to guide you during the whole process of choosing, investing and managing your new property. Just contact us today!

Monday, March 26, 2018

Smart Brickell: where technology and comfort meet

One of the positive sides of living in Miami, besides always having something to do, is that Real Estate is always growing and innovating. And Smart Brickell won’t be an exception.

Smart Brickell is a building complex that will be finished in 2020. This complex will be known as a place where modern design, technology and high-quality services meet. It will have three towers composed of condos, commercial areas, parking lots and amenities.

Condo number 1 will have 50 condos and 50 hotel rooms in over 28 stories, while condo number 2 will have 100 condos and 100 hotel rooms in 32 stories.

This building complex projects itself to redefine how entertainment is known thanks to its exclusive amenities: pool, inside bar, last generation gym and much more. You will also enjoy some of the most exclusive cuisine in the area, exclusive for its residents. And it won’t be limited to close spaces. Smart Brickell will also have open spaces for everyone’s comfort.

Smart Brickell redefines how investments are made: design and technology meet to present the future of Miami and Gables Riches is here to guide you during the investment process. Contact us!

Monday, March 19, 2018

Top 3 areas to invest in Miami

Miami is a fast-paced growing area. Property investments have increased over the last 15 years thanks to Miami’s lifestyle. According to the Florida International University’s Metropolitan Center, Doral is one of the fastest growing cities in the state, with a growth of 26.1% between the years of 2010 and 2016.  

Now, we’ll tell you about some of the fast-growing areas to invest in Miami:
Between 2015 and 2016, cities like Bonita Springs (4.5%) and Fort Mort (4.5%), were some of the fastest growing cities thanks to their environment and possibilities of investment.
Miami, on the other hand, grew a little bit over 2.9%. Between the years 2010 and 2016, the city gained nearly 53,000 residents, and last year alone (2017) it grew by 13,000 new residents.
Other cities around the South Florida area with a resident growth were: 16,408 in Miramar, 13,200 in Fort Lauderdale, 11,700 in Boca Raton, 11,200 in Hollywood, 9,900 in Davie, 8,961 in Coral Springs and 7,638 in West Palm Beach.

South Florida hasn’t lost population in over six years, making this area an attractive investment opportunity. And that’s where Gables Riches comes in. We offer Real Estate, Property Management and Property Insurance; we help you during the entire process. All you have to do is contact us and we’ll make your dreams of living in Miami come true.

Wednesday, February 28, 2018

Coral Gables, its colors and Cruz-Diez

If you asked anyone who has visited Coral Gables in South Florida about their experience there, everyone would probably tell you something about this city being one of the most colorful places in the world. Maybe it is the green, the palm trees, the flowers, the facades of old buildings, the lakes, or the blue sea… The thing is that everyone who remembers Coral Gables, for a moment in their minds, they see color, and the Venezuelan Artist Carlos-Cruz Diez recently helped this beautiful town to achieve a new level of color with his incredible kinetic art displayed in different parts.

The city of Coral Gables displayed pieces of the renowned artist all over town, promoting the exhibition of his works at the Coral Gables Museum. Thirteen banners were hung in front of the city hall, and eight crosswalks with original designs by the artist guided pedestrians to the main event at the museum, while mesmerizing them with chromatic effects and illusions. Also, photographs of the artist’s exhibition were displayed, so everyone could get a glimpse of how this unique art is made.

Considered one of the masters of color of the 20th century, Cruz-Diez is also an expert intervening urban spaces and crosswalks. His designs are in many important cities all over the world, and it was only logical that his optical illusions and kinetic pieces were also shown in such a vibrant place like Coral Gables.

Now, Cruz-Diez’s signature and artistic movement will always be present here in Coral Gables, giving residents and visitors a unique experience when they walk the streets and boulevards. The event was a success; everyone is waiting for the next intervention by the artist to any public space anywhere in the city, and also hoping for a new exhibit in the near future so everyone can enjoy the work of this great Venezuelan artist.

Coral Gables allures every visitor with its many great features, and despite being a classical city with beautiful architecture and history, this town somehow keeps renewing every year, like this past December with the help of Cruz-Diez and the collaboration of Ninoska Huerta from Logistics Fine Arts. If arts are your thing, maybe a city with such a great taste is the place where you should finally settle down… If you need any help in that subject, Gables Riches is available to guide you and find the perfect place for you and your family. Contact us anytime!

Photo: EFE /

Tuesday, February 20, 2018

Why condos instead of houses?

If you decide to work with Gables Riches you should know that our job as realtors doesn’t end the moment we finally sell your home or help you find and buy a new one. We offer our advice and guidance to each and every one of our clients, even after our business together is done. In this particular article, we would like to talk about one of the most common questions we get: “Should I buy a house or a condo?” There’s no definitive answer to this question, but at Gable Riches, with the current Real Estate market, we recommend condos to most of our clients… Why? Keep reading below!

It will always depend on your taste and your particular situation, but here are our top reasons why we prefer Condos over Houses in South Florida:

1.    The main reason why we recommend Condos at Gables Riches (especially for young investors and first-timers) is because they cost less, and we are not just talking about the buying price. Monthly fees and maintenance can become a headache for house owners, particularly for newbies. Condos, on the other hand, don’t usually require that much maintenance, and since monthly fees are distributed among all the other condos in the building, prices are much better optimized and therefore lower.

2.    It’s much easier to take care of a condo. A question every investor needs to ask itself is “how much time do I have to take care of things around the house?” Young investors usually have much less time to spare because of their jobs, school or other commitments, and houses are much more demanding than condos. Houses require outside maintenance (painting, facade, lawn, mailbox, etc.) while with condos you only need to worry about the inside.

3.  Many investors eventually decide to get a condo instead of a house because they fall in love with the amenities included in the building. Having a pool, gym, concierge, valet, bike room or conference room is a strong incentive, and it adds some important points to any home anywhere in the world.

Condos usually have better locations, and that’s another attraction for investors. If you want to be able to go shopping or eating without having to use your car, a condo is much more likely to be close to populated areas where all these activities can be found. If you are more of a Downtown/Midtown kind of person, a condo is definitely the best choice for you. On the other hand, if you would like a quiet place and you don’t mind driving a few minutes to get to places, a house close to the city would be our recommendation.

Thursday, January 18, 2018

Neo Vertika in Miami, an Upgrade to Your Lifestyle

Living anywhere in Miami is a unique and wonderful experience, but some particular areas actually mean upgrading your lifestyle from the very first moment you enter your new home.

The Neo Vertika (690 SW 1st Ct Miami, FL) is a 36-story building located on the edge of the Miami River’s south bank; that’s right, only a couple of blocks west from Brickell, one of the best neighborhoods in the area. This skyscraper built in 2004 offers 452 lofts with different designs, but each and every one of them with an amazing view that will fill you up with all the energy and motivation you’ll ever need to conquer all your goals. Upgrade to New Vertika in Miami!

Miami is filled with luxurious buildings with incredible designs, but the Neo Vertika was one of the first Loft-Style buildings ever to be built in the Brickell area, and it’s been a reference for this trend for over a decade.

Open one-story and two-story lofts with floor-to-ceiling windows. You won’t get a better view of the Miami River, and the private balconies will enchant you with all the Caribbean fresh air that you’ll be able to catch every day. If that’s not enough, the building offers great amenities such as banquet party salon, concierge, pool, gym, valet, and much more. The strict management keeps the whole building organized 24/7, but as a proprietor, you’ll have to schedule appointments to present any complaints or issues.
The Neo Vertika is very well located, at walking distance from grocery stores and 5 blocks east of Interstate I-95. It is also near Brickell City Center, which means some of the best shopping in town a few minutes away from your home.

There are units available in this building, and the purchasing price range goes from $200k to $400k. The price range for renting goes from $1,600 to $2,900. Very reasonable prices for this neighborhood, and if you are an investor and you would like to lease your home, Gables Riches will help you do it in record time. This 2018 is going to be a great year for the Real Estate market, and you shouldn’t miss opportunities like this. Contact Gables Riches anytime if you would like to visit the building and the available lofts in it if you are interested in buying or renting. 

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