Origin Residences in Miami’s Bay Harbor Islands Surpasses 70% Sales MilestoneDecember 14, 2023
In just half a year since its sales launch, Origin Residences has achieved an impressive 70% sales rate, establishing itself as one of Bay Harbor Islands’ rapidly selling residential developments. This collaborative venture combines the expertise of VDA | Origin Miami, a prominent Chile-based development company led by Mauricio Moya and Sergio Guzmán, with the renowned international home furnishings brand helmed by Paulo Bacchi. Origin Residences is set to introduce 27 custom-finished and furnished condominiums to the sought-after Bay Harbor Islands in Miami.
The premier Bay Harbor Islands luxury boutique building will showcase an exclusive assortment of two-to-four-bedroom residences spanning from 1,300 square feet to 2,330 square feet. Prices for these residences commenced at $1.390 million. A notable trend observed is the majority of buyers at Origin Residences are Brazilian—an indication of the growing presence of Brazilian investors in the South Florida market. According to the Miami Association of Realtors, Brazil ranks third in the top five countries for international homebuyer transactions in 2023. In a recent development, the developers announced that they now offer commissions.
Mauricio Moya, the lead developer at VDA Miami, attributes the project’s remarkable success to the sustained demand for genuine Miami waterfront living. He also highlights the impact of the exquisite common area design by Carla Guilhem, a globally acclaimed designer chosen by the development partner. Moya expresses, “Together, we have created a visionary project that accentuates the concept of luxury waterfront living in South Florida. At Origin Residences, residents will experience a transformative lifestyle and exceptional opportunities as the Bay Harbor Islands flourish. We are honored to be a part of Bay Harbor Islands’ legacy, and we feel that Origin will leave an indelible mark on the city’s future.”