why is the property in the US so cheap?

Posted on May 4th, 2010 by admin

just flicking around google and checked a property website in miami. you could buy a 3 bed 2 bath condo only 10 mins from miami inter. airport, beside a golf course and 30 mins from the beach for about $1000. can this be too good to be true? if i was to purchase a property in miami florida as a holiday home what sort of cost would i encounter? first hand experience would be a great help.

thanks
stephen from ireland

p.s feel free to star. answer that helps get 10 points ;-D
its actually for sale for $1230. check realtor.com and check miami florida and type in no min and a max of $5000 and see what happens

its really not true cause i live in miami and we bought our land for $35,000 and it was the 3rd or 4th cheapist land, unless its less than half an acre..!!!!!!!!!!!!!!!!!!!!!

7 Responses

  1. gym Says:

    because the US is a hole and property near airports are cheap because of the noise. and nothing scenic around an airport, and nothing to do.
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  2. Amy H Says:

    Wow I think I’ll buy one I’ve got £3,000 in the bank.
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  3. brightonsmiley Says:

    Because it is in the US
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  4. Pseudo Obscure Says:

    Are you sure it is not saying $1000k? Or $1000 a month? Or renting?

    I’m sure it is a mistake, the prices seem to fit rentals. Many people are renting out their condos because of the housing crisis, but the "crisis" is a 20% decline, not a 99% decline. Sorry.
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  5. Hibernius Says:

    Well, I sincerely doubt that a property like that costs only $1000!!! I’d imagine at least starting at $10,000 which is even cheap. You must realise that the USA is about 250 times the size of Ireland, there is plenty of space over there. Also the economy dictates the prices of homes. If you were in Manhattan looking for a 3 bed 2 bath property, you could probably start paying $500,000 upwards.
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  6. vika J Says:

    its really not true cause i live in miami and we bought our land for $35,000 and it was the 3rd or 4th cheapist land, unless its less than half an acre..!!!!!!!!!!!!!!!!!!!!!
    References :

  7. Melon Soda Says:

    Cuz there have been many many companies in rivaling for making cheeper products.
    References :

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