Savvy Investors like the prospects of luxury real estate investment. A good investment can bring good cash flow, tax breaks, equity building, competitive risk-adjusted returns, and a hedge against inflation. But, future appreciation, rental income and personal enjoyment are some of the other motivators for investing in second homes and vacation properties.
Seeking luxury real estate investment opportunities in the homeland? Florida offers promising opportunities.
Billionaire entrepreneur and luxury real estate developer John Catsimatidis Sr. has published an autobiography. His book is titled, How Far Do You Want to Go?: Lessons from a Common-Sense Billionaire.
Savvy investor John Catsimatidis, Sr. is one of the reasons Florida’s Tampa Bay area is breaking its own building records. There is no sign of the robust activity stopping, either.
His latest project, Residences at 400 Central in St. Petersburg is now under construction in downtown St. Petersburg. It is yet another property attracting brisk sales from luxury real estate investors across the country. Those sales include an expansive, 4,237 square-foot penthouse that recently sold for $5.23 million. The 46-story building will be the tallest residential building on the west coast of Florida. The plan includes 301 luxury condominium homes plus ground-floor retail and restaurants, as well as Class A office space.
Consistent population growth, diverse economy, and favorable taxes and laws for property owners draw luxury real estate investors to Texas.
Some of the latest Texas Ranch properties offered for sale are:
- The 1,352-acre Powderhorn North Ranch in Calhoun County, near the town of Port O’Connor. The working cattle ranch features pastures for grazing. Working pens and water wells further support an ideal environment for cattle-ranching.
- The Colorado River Ranch is a recreational oasis in the Texas Hill Country. The TT Ranch Group at Briggs Freeman Sotheby’s International Realty lists the luxury real estate property for $60 million. But that’s not all that makes sthe 3,300-acre Texas ranch unique. It also comes with giant zebras, rare buffaloes, exotic animals, a private lake, multiple homes and a massive lodge.
Fredericksburg, Texas, is the #2 destination for wineries in America, after Napa Valley.
Fredericksburg’s Village at Frieden is a 240-acre master planned community. The luxury real estate development includes a residential gated community. A destination four-star luxury resort hotel, and a luxury rental community are also part of the master plan.
Savvy Investors See Great Promise in Mexico’s Luxury Real Estate
Mexico’s Riviera Maya is the most popular tourism destination in Mexico. Rental demand is in high demand all year long. As a result, continued growth of the luxury real estate sector is expected. The short flight to Cancun is an additional draw for savvy investors living in the Southern U.S. states. Because getting to vacation properties quickly and easily is a plus. Savvy investors from Europe and South American are keen on Mexico, too.
Cancun Is now among the most popular flight destination In the world. It is second only to Dubai as the world’s most popular flight destination. And Istanbul, Turkey comes in at third place.
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