Luis Miguel takes a bath in real estate deal

Luis Miguel might be a top-rated Latin crooner, but he’s not much of a real estate investor. The Mexican superstar lost his shirt when, in 2012, he sold his Brickell condo high atop downtown Miami. The singer’s 46th-floor penthouse at the Jade at Brickell Bay brought in $2million — not a penny more than what what he bought it for eight years earlier. Now, the La Incondicional singer’s old condo is back on the market. Price tag: $4.29 million. And to add insult to injury, the investor owners are advertising the crib as “designed for international singer and composer Luis Miguel.”

Comments

Thanks for checking out our new site! We’ve changed a ton of stuff, and we’d love to know what you think.

Email feedback