Colombians consider Miami the perfect city to invest in real estate.
August became the sixth consecutive month this year where Colombians continue to top the lists of searches for real estate to invest.
This is motivated by various factors such as the potential development of South Florida, the health crisis caused by covid19 and the political instabilities of many nations.
The president of the Miami board highlighted: In a press conference, Miami presents a constant increase in real estate market prices, including sales and rentals, and related These increases are due to the growing demand not only from local but also foreign buyers and investors.
The National Association of Realtors (NAR). He published A report highlights that more than 12% of real estate searches in South Florida were carried out by Colombians, placing them as the nationality that most searches for properties in Miami, while China is in 2nd place. p>
During 2021, Colombians were the profile of international buyers who made the most purchases in the year, 12% of the properties sold, specifically in Miami, were acquired by investors from Colombia. So The city of Miami becomes the favorite destination for Colombian buyers.
Despite the constant increase in prices, South Florida continues to offer more affordable prices than other metropolises in the United States, the price per square meter is approximately $3,170, a price that is well below the price in other cities. cities such as New York, where the average per square meter is around $17,191 and in San Francisco $8,250.
Another advantage that South Florida offers for foreign buyers, especially for Latinos, is the language, since in Miami around 85% of the population speaks Spanish. More and more financial benefits are being granted to foreign buyers and investors, such as mortgage loans, low initial rates and payments with fixed installments of up to 30 years.
If you are Latin American and are looking to build the American dream, buying your own home on Anídense State land is the most important pillar, contact us and discover all the opportunities you have to meet your real estate goals and make a smart investment with a professional work team.