URBIN was recently featured in Yahoo Finance article titled “Miami: Argentines rank first in international real estate transactions in South Florida”.
From the article:
One of the most outstanding aspects of this type of property is that it allows yields of up to 7% per year on the purchase price.
“The trend is also due to new real estate investment models, where investors can receive rental income in addition to being able to enjoy the properties as they choose,” the report says. It also explains that the Condo-Hotels are ratified as the main investment attraction “because they are a way of buying that allows the owner to use the property as a space for personal use, and, at the same time, consider the option of renting allows you to generate additional income.
In this regard, Fernando de Núñez y Lugones, executive vice president and economist at ONE Sotheby’s International Realty, maintains that in the midst of the crisis generated by Covid-19, Argentines see a great opportunity to shield their interests in safer investments in the face of uncertainty. present in the country. “Opportunities now arise in projects that focus on generating spaces so that their residents can live and work in places specifically designed for it,” adds the executive who also leads the URBIN Miami Beach & Coconut Grove team, a new wellness concept for living and work.
The incessant flow of tourists to Miami also boosts real estate investments by Argentines in the area.
For Nuñez and Lugones, “this type of condo-hotel is intended for those who seek to relax, rest and reconnect through complete programs that provide well-being while living and working, taking advantage of unique spaces, specialized stores, gourmet markets and wellness centers.” To this is added that the buyer can enjoy up to 90 days of a home that brings together the comfort of a home, “as well as the possibility of renting a space that offers the special treatment that its tenants deserve.”
The expert recalls the features that the concept offers such as valet parking and concierge service; outdoor seating areas; Housekeeping; food and drink outlets; terrace with swimming pool, lounge bar and green spaces; Co-working area with consulting services and work tools.
URBIN is designed to address the needs of today’s residents, fostering creativity and connection through design-forward residences, an amenity program focused on wellness, and social programming that fosters community.
Each URBIN is an oasis, a layered community of thoughtfully-designed spaces that blend everyday necessities and luxuries to create a destination for residents to live comfortably and provide guests a welcome experience. To live work well at URBIN, residents have access to a wellness center, a market, and a full program of workspace with private and shared offices.
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Read more from the Spanish Yahoo Finance article HERE