Latin Countries lead property search in Miami despite the strengthening of the dollar
- ttamayo
- Feb 18, 2016
- 1 min read
Once again Brazil is the first country concerned in Real State in South Florida, according to The National Association of Realtors of Miami.
Mexico and Philippines are other countries that have begun to take an interest in the city.
“In despite of the straightening of the United State dollar, Brazilians continue searching property investments in South Florida”¨, Mark Sadek the President of The National Association of Realtors of Miami said. Real State of Miami provides investment security to international buyers who face the economic uncertainty of their countries”.
The list bellow includes the 10 countries that searched most properties in Miami in 2015
1. Brazil 2. Venezuela 3. Argentina 4. Colombia 5. Russia 6. India 7. Canada 8. Filippines 9. Mexico 10. United Kingdom
According to the international buyers profile study of the (NAR) National Association of Realtors, Brazil is also the third market of foreigners who most buy properties in Miami. In 2015. Brazilians acquired the 12 percent of the properties that were sold to foreigners, Argentina bought 13 percent and Venezuela was the first with a 21 percent of the purchasing.
Percentage of International purchasers of Real State in Miami between 2014 and 2015:
Venezuela 21%
Argentina 13%
Brazil 12%
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