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Furnished two-bedroom apartment with ocean views in Miami Beach

Miami, United States of America
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Property Details

Miami, United States of America
This prestigious ocean-view residential complex in Miami Beach offers an unparalleled living experience with luxurious amenities and world-class services. Residents can enjoy access to a private beach club, four stunning swimming pools, a vibrant bar, a beauty salon, and a relaxing spa. The complex also features a fully equipped gym, 24-hour concierge service, and an on-site restaurant. Additionally, secure parking and round-the-clock security ensure peace of mind. Pets are welcome, making this an ideal home for families and individuals seeking the perfect blend of comfort and sophistication in one of Miami Beach’s most sought-after locations.
  • Asking Price $895.000
  • Rental Yield 12%
  • Contract Empty
  • Area 89 sqm
  • Building Age 16 Years
  • Renovation None
Location
Location

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    Frequently Asked Questions

    Can foreigners buy property in the USA?
    Yes, there are no restrictions on foreigners buying property in the USA. Both residential and commercial real estate can be purchased by non-residents, and they enjoy the same ownership rights as US citizens.
    What are the additional costs associated with buying property in the USA?
    In addition to the purchase price, buyers should budget for closing costs, which typically range from 2-5% of the property price. These costs include title insurance, legal fees, escrow fees, and property taxes. Real estate agent commissions (typically 5-6%) are usually paid by the seller.
    Can foreigners get a mortgage to buy property in the USA?
    Yes, many US banks offer mortgages to foreign buyers. However, the requirements are stricter for non-residents, often requiring a higher down payment (typically 30-40%) and thorough proof of income and creditworthiness.
    Are there any taxes on owning property in the USA?
    Yes, property owners in the USA are required to pay annual property taxes, which vary by state and locality but generally range from 0.5% to 2% of the property’s assessed value. If you rent out the property, rental income is subject to US income tax.
    Does buying property in the USA grant residency or a visa?
    No, purchasing property in the USA does not automatically grant residency or a visa. However, some visa programs, like the EB-5 Immigrant Investor Program, may offer residency opportunities for substantial investments, typically in businesses rather than residential real estate.