The Numbers Are In- Brickell and Miami Real Estate Condos Lowest Price Per Square Foot Around the World

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Featuring one of the largest concentrations of international banks in the United States and serving as a hub of activity for a multitude of corporations and businesses, the urban neighborhood of Brickell is often referred to as “Manhattan of the South.” Bordered by downtown Miami to the north and Biscayne Bay to the east, Brickell is hailed for its unique, vibrant atmosphere. In the heart of the neighborhood is Mary Brickell Village, offering an array of gourmet restaurants and luxury retail boutiques. Brickell is also home to numerous high-end homes including those found on neighboring Brickell Key, a gated island of upscale, high-rise residential and hotel towers.

According to a recent study, the average price for a condo in the downtown metropolitan areas, with an average size of 1291 sq. feet (120 sq. meters) Miami is among the lowest price per square foot around the world.

The price per sq. foot in US dollars from average sales between 2012-2013 are:

1. Monaco $4988
2. London, UK $3158
3. Hong Kong $1919
4. Singapore $1645
5. Geneva, Switzerland $1601
6. Moscow, Russia $1553
7. Paris, France $1426
8. New York, USA $1420
9. Tokyo, Japan $1065
10. Stockholm, Sweden $888
11. Sydney, Australia $810
12. Rome, Italy $786
13. Toronto, Canada $770
14. MIAMI BEACH USA $715
15. Beijing, China $689
16. Frankfurt, Germany $458
17. MIAMI, USA $440
18. São Paulo, Brazil $399
19. FT. LAUDERDALE, USA $305

There are new developments and more projects in the works in all of Miami: residential building projects, shopping centers, new hotels and most recent a new Miami soccer team and construction of a new stadium promoted by David Beckham.

These amazing projects, as well as the vibrant ambience and world-famous beaches of Miami are why making your home in the prestigious 1010 Brickell promises ultimate luxury living. For more information on 1010 Brickell Condos, contact Sonya Olson by calling 646-785-1027.