09 Jan

Real Estate in Miami: Recipe for Success

Real Estate is an instrumental part of the growth of the economy, especially in Miami. Ugo Colombo foresaw this evolving era when he began investing in Miami real estate in the 1990’s. Since the 1990’s, the population and real estate opportunities in Miami have exploded, and Ugo Colombo continues to take advantage of these opportunities today.

Why the Miami Real Estate Market Has Grown

According to an article written in Forbes, “the sunshine state continues to be a popular place to call home.” Since the housing market is booming, many people are purchasing their forever homes in Miami, Florida. The luxury of owning beachfront homes is driving more and more residents to the Sunshine state, specifically Miami. Since Florida does not have state income taxes and the economy is thriving, many people feel a direct, positive influence on their financial situation after moving there. This international hotspot is home to world-leading events, and to those who crave luxury, the beginning of their best life. The nightlife and gorgeous scenic beaches make for two convincing reasons to invest in real estate properties. In addition to the high-end living conditions in Miami, incredible architectural properties are also on the market for those interested in a historical living space. Miami is the epitome of elegance and extravagant living and that is why investing in properties is key for those looking to achieve a lavish life.

Learn more about Italian-born real estate developer Ugo Colombo, CMC Group President.

02 Jan

The Influx of Miami Residents

Many people compare living in Miami to a dream and they’re not wrong. Miami’s climate, entertainment opportunities, and atmosphere make it a gold mine for residents. Miami also offers no income, inheritance, or estate taxes. On top of these benefits, Miami has several other amenities that are very hard to turn down when looking to invest in real estate.

The Gold Mine of Real Estate

Ugo Colombo saw these instrumental strengths of Miami back in the early 1990’s when he began investing in real estate. According to All American Moves, “most people love Florida and would move to Miami without a second thought.” Often referred to as the “Magic City”, Miami is attractive to all demographics due to its contagious, lavish culture, spectacular beaches, and wide assortment of entertainment and it is arguably one of the best nightlife scenes in the United States. The glitz and the glamour are everything it is made out to be and that is why people hone in on this luxurious Miami lifestyle. In general, Miami is not just seen as a good investment opportunity, but it is seen as a location where people can live a good life, and this may be why there has been a rise in residents. What’s stopping you from sipping freshly squeezed orange juice in the Sunshine state? Your dream home could be waiting for you in Miami.

Learn more about Italian-born real estate developer Ugo Colombo, President of CMC Group.

04 Dec

The Brickell Flatiron is Officially Open

Ugo Colombo’s latest real estate project, the Brickell Flatiron, is officially completed. This building is a 64-story, 527-unit tower, and is a beautiful contributor to the downtown Miami skyline. This project broke ground in early 2017 and has since gone through exceptional progression to become the beautiful building you see today. Ugo’s passion for Miami real estate combined with Luis Revuelta’s eye for design has created a real estate masterpiece. The interior architect Massimo Iosa Ghini created a seamless transition from exterior to interior by introducing the concept of fluid, continuous space.

Successful Outcomes

The CMC Group has received its temporary certification of occupancy which means that closings will begin right away. The Brickell Flatiron is about 95 percent sold, with more than half of that percentage consisting of domestic end-user buyers. The lowering of deposit requirements to 30 percent at the beginning of this year has attracted more U.S. buyers to the building. This project has been a success story and Ugo Colombo already has another project in the works which is sure to be another beautiful contribution to the Miami skyline.

Learn more about Italian-born real estate developer Ugo Colombo, President of CMC Group.