Miami home prices jump 22 percent!

According to a report from the Miami Association of Realtors, Miami home prices rose for the sixth consecutive month in May, with a 22 percent increase in the median sales price of condos. The median sales price of single-family homes rose 6 percent in May; both increases were compared to the same period in 2011. “Miami home prices have experienced double-digit appreciation consistently over the last six months,” said Martha Pomares, chairman of the board of the Miami Association of Realtors. 

Harrods opens new LV store

The luxurious space houses a wide selection of luggage and scarves, in addition to areas devoted to exotic skins and increased selection of handbags and accessories.

Original stone columns and ceiling details in the space have been uncovered and restored to create a luxurious Louis Vuitton shopping experience.

Tickets to the Moon at $150M Available now!

 Excalibur Almaz, a British space company has announced its readiness to send tourists on a much-coveted trip to the Moon as early as in 2015.
The first 800,000 km round trip in a converted Soviet-era spacecraft would cost potential clients around $150 million.
“We’re ready to sell the tickets,” Art Dula, founder and chief executive of the Isle of Man-based company, told a space tourism meeting in London on Tuesday.

Bugatti Veyron Grand Sport Wei Long

Bugatti has unveiled the ‘Wei Long 2012’ one-off Bugatti Veyron Grand Sport, celebrating of course the Chinese year of the dragon.
The Wei Long Veyron has been developed with the help of Koniglice Porzellan Manufaktur of Berlin, who previously helped to develop the porcelain parts of the Grand Sport L’Or Blanc.
That means that the fuel filler cap, wheel inserts and elements of the cabin have all been made from porcelain that has been engraved with images of a dragon.


Similarly the headrests and hand-made 100 per cent silk floor mats are both embossed with the dragon image.
Bugatti will only be producing one Wei Long 2012 edition. This model will set you back 1.58 million euros ($2 million).

LVMH opens hotel in Saint Tropez

World largest luxury group LVMH inagurated last week its brand new hotel WHITE 1921 in Saint Tropez, which will be operated by LVMH hotel management
Located in the heart of Saint-Tropez, on the well-known Place des Lices, the White 1921 opens its doors in the former Maison Blanche.
Designed by architect Jean-Michel Wilmotte, the bar set in the mansion’s garden invites you to a festive break. The 82-seat bar offers the finest champagnes by the glass, including a rare vintage of Moët & Chandon from 1921.


Eight rooms and suites decorated in a chic and modern style offer each a distinctive personality.
Open through Oct. 7, the hotel offers rooms from 270 euros, or $340, and suites from 650 euros, or $815 at current exchange rates.

Brother of Kazakh President is suing St. Regis in Bal Harbour

A Miami condo deal  which has gone bad  can cause further embarrassment for Kazakh president Nursultan Nazarbayev, the Miami New Times reported. In 2007, Nursultan’s brother Bolat Nazarbayev purchased a luxury condominium in the St. Regis Bal Harbour for $1.2 million with money earned from his appointment to the head of the state copper mining industry.  He has now filed a lawsuit five years later, claiming that the St. Regis lied to him about certain aspects of the condo. One point of contention is the balcony, which Bolat argues is “not private at all.” 

Trump Hollywood is sold out!!!

Trump Hollywood is announcing that the condominium project is sold out!!! 

The project, which re-launched in January 2011, has since sold 179 units for $276 million, with prior sales the number rises to 200 units with total of $306M.Donald Trump congratulated developer BH3 and the team on their success. BH3 purchased the mortgage on the project in 2010 from Related for $160 million. Trump was involved through a licensing deal. “We are thrilled that we have been successful in putting Hollywood on the map as an ultra-luxurious residential destination,” said Edgardo Defortuna, president and CEO of Fortune Development Sales, which is Trump Hollywood’s sales partner.