Wednesday, September 20, 2017

All You Need to Know About Little Havana

We are always talking about all the flavor the Latino community brings to Miami; all that color and warmth can be seen at Little Havana, a beautiful Cuban neighborhood where you can have fun, eat delicious food, meet amazing people and also invest. And if you would like to know all there is about this famous area in Miami, you’ll soon be able to visit Little Havana’s first-ever museum.

Finally, this community decided to create a Museum dedicated to the preservation of all its colorful history, interesting tales, artifacts and facts in one place, at Calle Ocho, next to the popular Ball and Chain bar. Soon, at the end of 2017, this time capsule will open its doors to the public, so everyone can learn about the social, cultural and political importance that this neighborhood brings to South Florida. You can’t visit Little Havana without visiting the Maximo Gomez Park, where you will probably see elder Cubans playing domino or chess while they reminisce old anecdotes about their beloved Cuba.

Little Havana is a 98% Latino community where you can smell delicious coffee in every corner and hear vibrant music in every venue. It’s a great place to go and have fun, but it’s also a great place to live if you are into the Latin lifestyle. This neighborhood is considered by many one of the most undervalued neighborhoods in Miami. The median apartment price in 2015 was about $200,000, which is a “low” price considering this neighborhood’s proximity to urban areas and public transportation that will take you quite quickly to some of the hottest places in Miami, including South Beach, only 8 miles away (where apartments cost over $1M). In 2017, apartment prices were expected to rise, but they haven’t so far. Rent prices, on the other hand, did go up to a median of $1,900, which was a great news for many investors in the area. 

This historical area in Miami Dade brings very good opportunities for first time buyers looking for properties to invest, and it’s also important to mention that this hard-working community is also very welcoming to everyone willing to contribute to this neighborhood’s growth and preservation. Whether you want to invest, eat delicious Cuban/Latin food, have a great and refreshing drink, or experience the colorful lifestyle of Cubans, you should definitely visit Little Havana. On the other hand, if you would like to live or invest there, you can contact Miami Riches anytime and we will help you find the perfect property for you and your family.

Monday, August 21, 2017

There’s No Better Place for Millennials than Miami

Miami has always been one of America’s most famous vacation spots. The beaches, the weather, the many fun things to do, the Caribbean atmosphere, and most of all, the people make it a great place to spend a summer (or any holiday) and a particularly amazing place to live. Apart from this, since the beginnings of the 21st century, it has also become a very attractive place to invest, especially in Real Estate, and the economic growth of the entire city is remarkable. Currently, a very large percentage of the investors in Miami are Millennials, and how could it not be? There’s no better place for these young generations to live, work, settle down and grow!

The term “Millennial” is all over the internet, television, printed media, and basically in our daily vocabulary. Many argue about its definition, although it is very simple: people who reached their adulthood in the first 2-3 decades of this century; to be more specific, everyone born, approximately, between 1980 and 2000. This is quite a wide range, and this generation has some peculiarities that everyone should take into consideration if one is planning on working with them, especially if you want to sell them something (anything!). Of course, this applies to the Real Estate business too, and in this article, we are going to talk, from our experience, about which type of properties they are interested in and which is their target when it comes to investments.

In a city where the median individual income is about $23,000 a year, many people (particularly Millennials) decide to rent instead of buying, but that’s not the only reason. Every year, more and more new buildings are constructed, and one thing most of them have in common are the many amenities they offer. Gyms, pools, electric car charging ports, common rooms with flat screens, conference rooms, Wi-Fi everywhere, recreation rooms, valet parking, and other things are great features everyone enjoys, especially younger generations, and usually this type of buildings are quite expensive. Rents, on the other hand, are reasonable and affordable.

Another reason why Millennials would rather rent is because of the flexibility. Normally, buying a new home automatically “binds you” to it, and these generations, with a lot on their plates, don’t seem to want to make definitive decisions like that for the moment. A rental is much easier to leave behind, and that’s a very popular feature we now see more and more often. Another thing to take into consideration is the maintenance costs when you own a property, something you don’t have to worry about if you rent. Millennials usually have very active lifestyles, and the less they have to do around the house, the better for them, this means: smaller apartments. Studio apartments, single apartments, single-space apartments and lofts are the usual choice for these young investors, and the most common place where you can find them is Downtown. Location is also an important thing for Millennials because they are usually quite involved with their community, and this means frequenting restaurants, bars, lounges, malls, or any space where they can engage in social interaction, places usually found in the center of the cities.
Anyhow, in Miami there’s a place for everyone, and this city can meet everyone’s expectations, but Millennials are taking over the investing world and they have put their eyes on this beautiful corner of America. If you would like to invest here, contact Miami Riches and we will guide you and help you find the perfect place!


Wednesday, August 9, 2017

Miami Riches makes alliances with Altius Triathlon Team

Recently, Miami Riches began sponsoring the Altius triathlon team, coached by the outstanding Cuban athlete, Boris Fernandez, who has been living in Miami for several years.

This idea comes after Carlos Rojas, director of Miami Riches and friend of Fernandez, began training with the team a year ago. Currently, Altius is made up of approximately 35 members competing in the Elite and Age Group categories. Although all are professionals in different areas and come from different parts of the world, they share a common passion: sports. 

With great pride, the Miami Riches logo now shows on the team’s backpacks and uniforms. This sponsorship has emerged spontaneously; with it, the brand is going for a new form of marketing to have greater exposure, in addition to supporting a group of good friends and promote a practice as healthy and rewarding as triathlon.

 Without a doubt, teamwork, continuous learning, discipline and perseverance are the keys to success in both sports and the real estate business. That is why Miami Riches will keep including initiatives like this one in their marketing plans

Monday, July 24, 2017

Miami’s Summer Is the Best Summer!

There’s no place like Miami to spend an unforgettable summer. The Caribbean, the beaches, the food, the atmosphere and its people make it one of the hottest vacation spots in the world, especially during the summer season, when thousands of visitors from all around the world come here to have the time of their lives, and each and every one of these visitors finally understands that Miami’s summer is the best!

There are plenty of activities available in Miami and its surroundings all year, but during the summer… it’s just something else. Learn about our top 5 favorite things to do in Miami this summer of 2017!

Beach, sun and sand: some of the main attractions in the Caribbean are, of course… its beaches. Sandy paradises where you can go to relax, eat delicious food, have fun and reconnect with your body. 21st Street Beach, Lummus Park Beach, Haulover Beach, South Pointe Beach and Surfside are among the most popular beaches in Miami, and each one has its own particular magic. Maybe one summer won’t be enough to fully enjoy each one of them!

Water sports: surfing, speedboats, jet skis, kayak, flyboarding… you name it. Miami gives you countless options if you are interested in any sort of water sports! Miami Beach, Biscayne Bay and Key West are filled with activities available all year, but they are all particularly great during the summer season.

Eco-tourism: the Caribbean offers spectacular views, but it’s also home for some of the most beautiful fauna in the world. Snorkeling in crystal clear water is one of the greatest experiences in this little paradise, and there are many tours of this kind available all across Miami. There is another amazing tour we recommend to everyone who visits Miami; a visit to the Everglades! A unique view at one of the most amazing natural parks in the world.

Paddleboards: this might enter in the “water sports” category, but we like to mention it separately because there’s a particular tour we are madly in love with: the LED Paddleboard Sunset Glow Tour. Enjoy one of the most beautiful views of nature at sunset, on a paddleboard with LED lights that illuminate all around you and give you a particularly magical view of the crystal-clear Caribbean water at its most beautiful time of the day.

Deep sea fishing: Miami is one of the deep sea fishing capitals in the world, and there are many tours of this kind available. Go offshore on a yacht with professional fishing equipment and professional fishermen more than happy to teach you everything about this sport. Catch your dinner or simply have some good time at the sea with your friends and family.

Of course, there are many more equally fun and enjoyable activities, but we would like to leave some surprises for when you decide to visit us. Tourism is one of the main economical growth sources in Miami, and many investors fall in love with its magic before they actually decide to spend their money in this corner of the Caribbean! Contact Miami Riches any time to start planning the next big move in your life.

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Thursday, June 15, 2017

Education in Miami

Education is the cornerstone of society. Something many buyers take into consideration before acquiring a new home are the schools nearby. Miami is home to the fourth-largest public school district in America, so you will have plenty of options if you are searching for a place for your kids to study.

Miami isn’t just home of one of the largest public school districts; it’s also home of the best schools in Florida, some of them even making the top list of best schools in America. All the statistics are based on the performance of students in tests made by the state of Florida and their performance later in college.

Education is a major concern for parents, thankfully, finding a great school for your kids in Miami won’t be a problem. For example, if you live in Brickell, you’ll have 3 important schools to enroll your children in, and they are all within a 15-minute distance: Coconut Grove Elementary School (0841), Coral Gables Senior High (7071) and Ponce de Leon Middle School (6741).

Another concern many parents have regarding their children is the amount of time they have to spend with them or to take them to any activities they might have. Public schools usually offer a transportation service so you won’t have to worry about that. There are a high number of day cares and private kindergartens where you can be certain that your children will receive the best attention possible. For older kids, there will be plenty of extracurricular activities inside and outside of school. Water sports are a major thing in Miami, and the growth of soccer, basketball and baseball at high-school and university level is huge.

            Education is essential for any person’s development, and we all want the best for our children. What’s better than having your kids studying near your workplace? Miami offers all the possibilities to make sure your kids have a great youth and to guarantee academic success.

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