News

WHERE TO BUY A HOME FOR WINTER SUN, ON EVERY BUDGET

March 7, 2015

MIAMI

South Florida’s gateway to Latin America has evolved from being a seasonal destination to a world-class, year-round city with fashionable restaurants, hotels and art galleries, and many New Yorkers are swapping those harsh winters for a state with zero income tax and a lifestyle spent on the beach or boardwalk. Like Tracey Emin, global investors are also snapping up homes in beachfront luxury high-rise condo blocks and driving prices up again. The Ritz-Carlton Residences on Miami Mid-Beach offer super-luxury homes with access to a private marina and vessel, golf course and a host of other state-of-the-art services, from $1,389,000 (£901,060).

For sale: residences at the Ritz-Carlton, Miami Beach, cost from $2 million to $40 million (001 877 630 8155; onesothebysrealty.com).