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Porsche Design Tower 90% sold

Developer Gil Dezer indicated that over 90 % of Porsche Design Tower in Sunny Isles Beach units are now under contract.

Prices of 132 condominium units start at $ 4 million. Buyers have agreed to make a deposit of 50 % during construction.

Apartment owners will drive in an elevator that takes you to your condo in the tower, which will rise to 60 floors. The cars will slide directly into a reinforced steel garage, where the driver can enter the condo unit.

Each residence will feature a glazed garage through which the resident has the total control of the vehicle. In addition, the Porsche team decided to include a concierge area, specializing in cars, available throughout the day to help with general maintenance, tire rotation, car washing, among other services. Developers have, for vehicles, the same esteem that they have for residents.

Most units feature a stainless steel 10 by 15 feet pool right on the balcony. It requires special concrete reinforcement as well as a mechanism for reducing the water level in case of a hurricane.

So far, sales totaled $ 624 million, which positions Porsche Design Tower as a property acquired by the 2% of the world's billionaires. This accounts for the high-speed growth of the project, which has considered the demands of the most exquisite buyers. In addition to the facilities listed above, the complex will include spacious residences of 17,000 square feet, endless balconies, a private spa and a cinema, among other comfort features.

Project completion is expected for 2016.

Porsche Design Tower stands for luxury and elegance.  With this sales volume, real estate boom is reaffirmed.  South Florida keeps receiving investments from most diverse places.  A couple of key factors may be culture and entertainment, weather and market stability.

 

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