Smart Investment Choices with Coral Gables Real Estate
Coral Gables real estate is an investment that pays richly over the years. Home to the University of Miami and situated a mere 4 miles away from Miami International Airport, Coral Gables real estate is also located in a city that is one of the first planned communities in the United States. Developed in the 1920’s by real estate developer George Edgar Merrick, the city has grown in leaps and bounds through the years to become the promising city that it is today.
Sound Economic Opportunities
Coral Gables real estate benefits from the many economic opportunities that abound in the sectors of education, hospitality, healthcare, and retail in the city. Some of the institutions and corporations that play a prominent role in the city’s economy are the University of Miami (which offers the largest number of employment opportunities in the city), the Baptist Hospital of Miami, Bacardi, Capital Bank Financial, Fresh Del Monte Produce, Intelsat, American Airlines, Dolphin Entertainment, MoneyGram, ExxonMobil, MasTec, and many more. These ensure that Coral Gables real estate will always be in demand among savvy real estate investors and those looking to buy a home to settle down near their places of employment.
Diplomatic Hub
Coral Gables real estate is also full of potential because of the numerous consulates that have made the city their home, such as Columbia, Barbados, Spain, Italy, Uruguay, among many others. Many countries also operate their honorary consulates in the city, such as Thailand, Australia, Hungary, Togo, Belize, etc.
When considering Coral Gables real estate buys, you can expect a multi-culturally diverse city with plenty of room to learn and grow.
A Celebrity Hotspot
Buying Coral Gables real estate puts people in the company of other smart investors, many of whom come from the entertainment fields such as sports, music, movies, fashion, etc.
Some of the celebrities who have made Coral Gables their primary or secondary home are the basketball player Shane Battier, the writer Dave Barry, Thurston Moore of Sonic Youth fame, actress Mimi Rogers, and Jonathan Vilma pro football player, among many other distinguished people.
A Cultural Hub
Coral Gables is also a cultural hub, playing host to several renowned festivals and carnivals throughout the year, such as the Carnival on the Mile, Festival Miami, Festival of the Arts, and the Junior Orange Bowl Festival. It also boasts of several places that are a magnet for people from all over the country, such as the Fairchild Tropical Botanical Garden, the Village of Merrick Park, the Miracle Mile, the Coral Gables museum, and the Coral Way.
Real estate in Coral Gables is available in a wide range of architectural styles, areas, and budgets to suit everyone’s taste and requirements. Whether it is a waterfront property or one on a dry lot, there are a wide variety of options in Coral Gables that are sure to satisfy everyone.
Waterfront homes are one of the major real estate attractions in this city, with homes available in wonderful gated communities that add further value to the property. The limited nature of the properties makes this a real estate investment one that is sure to pay off handsomely.
