Sales are off to a strong start at Auberge Residences & Spa Miami.
In the first five days of sales 50 units were reserved, according to Related Group president Carlos Rosso. Buyers are required to place 10 percent down to reserve a unit.
Construction can begin when 60 percent of the project’s 290 units are sold. Rosso said that Related’s partners wanted to launch Auberge at an accelerated pace and at lower prices in order to get a construction loan.