Cima 100

Ref: 20046

Type: Apartment (New, Offplan)

Location: Miami, Florida, USA

Price: 233849 EUR (233849 EUR)
Prices converted from USD price to EUR on March 25 2008 at the rate of 1 USD = 0.642443 EUR

1 bedroom, 1 bathroom

Recommended, city, investment, buy to let, lifestyle, portfolio

Pool
Garage
Air Conditioning

Distance to beach: N/A
Distance to golf course: N/A
Distance to airport: Within a convenient drive to Miami international airport.

Images

Interest rate cut at 2.5%
Project description:
52 story, 507 waterfront unit, residential experience locate on the Miami River amidst 13.5 Acres of lush gardens in a gated enclave in the heart of downtown Miami.

International Features:
Premier waterfront location in River Front. All residences boast uninterrupted views of the Miami River and Biscayne Bay, as well as panoramic vistas of Downtown Miami.

Designed by award winning architect Luis Revuelta.

International Features:
Premier waterfront location in River Front. All residences boast uninterrupted views of the Miami River and Biscayne Bay, as well as panoramic vistas of Downtown Miami, Miami Beach, Brickell Village, and Key Biscayne.

ExoRooms, Media Room, floor-to-ceiling windows, ceiling heights up to 18, European kitchen cabinetry, drop-in cooktop, built-in microwave and oven, Chef's table, natural stone countertops, stainless steel appliances, luxurious natural stone bathrooms with designer fixtures, separate shower, and private water closet, designer ready walk-in closets, SMART wiring for your technology, MP3 Audio Ready and more.

Luxury Five-Star Amenities

Cima 100 - life on the Miami river

Nearly everyone in the world is aware of the dramatic and exciting growth in Miami, but few people know areas other than South Beach. In fact, over 100 years ago when pioneers were first setting foot in this tropical oasis they declared another area the center of this great city - the Miami River. Acknowledging this river would be excellent for commerce and transportation, while also being remarkably beautiful, they quickly built around this epicenter. Today, things are not that different as developers like Lissette Calderon and NEO are developing luxury buildings at the water's edge.

This pioneer, credited with the Miami River's Renaissance, recently announced her 4th project on the river's edge, all three others are either sold-out or delivered. Calderon has promised the City of Miami and it's Mayor Manny Diaz that this project will be her most important to date and a śtrophy for the city. Named CIMA, this 52 story residential experience is designed by world renowned architect Luis Revuelta. Cima will feature: a 24 hour doorman, personal chauffeur, lifestyle management, domestic services and many other superior amenities.

Soon luxury will have no bounds in Miami and nor will residents at CIMA. With five-star features and amenities, this project is positioned to be Calderon's fourth great success and another opportunity to surpass the expectations of her buyers.

Life in Miami has never looked this good, so if you haven't already considered moving to downtown, there could be no better time than the present with CIMA on the river.

An Architectural FĂŞte

World-renown architect Luis Revuelta was commissioned to create a masterpiece built of stone, steel and glass. Revuelta's designs are recognized internationally for their sense of place and cutting-edge use of materials to create spaces otherwise thought impossible. At CIMA you will find never before seen elements like Exo-Rooms with twelve-foot deep outdoor living rooms that create one-of-a-kind experiences as well as split floorplans that can feature up to18-foot ceilings giving you some of the most dynamic views Miami can offer.

More Reasons to own a property in Cima 100

• Premier Location on the Miami River and the Urban Core (Downtown Miami)
• Downtown Miami's only Private Enclosed Urban Enclave
• Located no more than ten minutes from everything Miami- Dade has to offer: Miami Beach, the airport, Golf Courses, Cultural and Entertainment Destinations, and the finest restaurants.
• White Glove Service
• Nearly all units enjoy uninterrupted waterfront vistas
• Only Development with residents enjoying Platinum Membership benefits to the Carnival Center for the Performing Arts.
• The "beautification process" of the Miami River is making this area appealing for the end user. We have Federal, State, city, county and private funds invested in the Miami River and its adjacent banks.
• Water access, views, luxury, services never seen before make CIMA the most appealing building to live in.
• The only building to offer a lifestyle coordinator- a personal assistant to take care of any Resident's needs.
• Signature propriety amenities, such as the Exo-Room and River Club make living at Cima an experience unlike any other
• According to the most recent information from the U.S. Census Bureau, Florida is the fastest growing state in the country. U.S. residents have been relocating there for various reasons - Vacation, retirement, change of lifestyle - and Florida is one of the major gateways for immigration to the U.S

A Guide to Buying Property in the USA

The legal process for buying real estate in the US is very different to that in Ireland so it is essential to secure the services of a US lawyer. Each US State can have its own laws and taxes and it is advisable to try to secure a lawyer in the State in which the property is located.

Step 1
Once you have found a property you are interested in you will generally be asked to sign a reservation form and to pay a booking deposit. A) You should check if this deposit is refundable or not. B) You should immediately instruct a lawyer to act on your behalf. C) If you are taking out a mortgage you should start this process as quickly as possible.

Step 2
You will be issued with a reservation contract. You should send this to your lawyer immediately to review. In this contract a time frame will be given for you to sign and return. You should make yourself familiar with this. You should also check if a payment is due and for how much this is for. Once you return your signed preliminary contract to the developer/agent you have entered a legally binding contract to pay for your property in full.

Step 3
Signing of final purchase deed. You must have a lawyer for this purpose. Time frame for final signing will be in the reservation contract. When you have signed the final purchase deed, congratulations, you are registered as the new owner of the property in the land registry in the US. Shortly after this you should receive your Title Deeds and keys to the property.

Closing Costs

At the time of signing the final deed of purchase you will have standard closing costs to pay in addition to the purchase price of your property. These will include property transfer taxes, notary fees, registration fees and legal fees (may be paid at a different time). These fees can vary greatly from State to State so specific advice should be sought from your agent with regard to this.

What your lawyer should do

Your lawyer will check your contract for compliance with the laws of the country you are purchasing in.

Your lawyer should:
A) Review of preliminary contract to ensure compliance with laws of relevant USA jurisdiction.
B) Carry out due diligence on the developer of the property to check planning permissions, land registry, building permits licences etc.
C) Undertaking negotiations with developer on any issues which need to be changed or included.
D) Report on the contract as a whole highlighting any clauses included which you might want to negotiate, and any clauses which are missing which should be included to provide you with further comfort.
E) It is of utmost importance for your lawyer to ensure all land registration deeds and title deeds over the property are fully checked, and also that the land on which the property has been built has been designated as allowable for foreign ownership.

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