Miami Boasts 31% of All International Investor Real Estate Buys

by Isaac Benmergui, Esq on April 12, 2013

HomeMortgage1Miami beats Fort Lauderdale when it comes to international real estate buyers’ interest. Investors love the Miami-Miami Beach metro area for its warm climate, pristine beaches and its upscale residential areas with luxurious shopping and entertainment complexes.

More than 31 percent of all international sales in the Sunshine State took place in Miami, according to the National Association of Realtors’ Profile of International Home Buyers; Fort Lauderdale came in second with 11.6 percent of all state sales.

Latin Americans and Caribbean nationals accounted for 70 percent of all international sales, while Western Europeans represented only 18 percent of sales. The majority of buyers from both groups paid in cash.

Getting Legal Help

The law offices of Isaac Benmergui can help you with your legal real estate needs; call 780-800-2510 or email Isaac@benmerguilaw.com for more information or to set up an appointment today.

 

 

 

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