For sellers, buyers, investors, landlorsds and tenans
Welcome to
"THE MAGIC CITY"
A vibrant and diverse metropolis nestled in the southeastern part of the United States. Miami’s strategic location as a crossroads of the Americas, with strong ties to Latin America and Europe, positions it as a thriving hub for international trade and business.This city is renowned for its unique fusion of cultures, stunning beaches, and a bustling urban environment. World-class shopping with luxury boutiques and a year-round tropical climate make it an ideal destination.Miami isn’t just a tropical paradise; it’s also a major business and financial center with a strong presence in international trade. Its technology and startup ecosystem, green initiatives, and global significance, highlighted by record-breaking passenger numbers at Miami International Airport in 2022, set it apart.Hosting iconic events like Formula 1, Art Basel, the Miami Open, and the Ultra Music Festival, Miami boasts exceptional transportation options and a burgeoning luxury infrastructure.The city’s growth is driven by substantial investments in logistics, entertainment, the influx of domestic and international companies, and the resulting job opportunities. Miami is a magnet for both young professionals and retirees, offering the perfect blend of career success and a vibrant social life. It’s no surprise that it’s a top choice for millennials.In the world of technology, Miami leads the nation in job growth, and its booming population growth reflects its appeal. With diverse property options and Florida’s lack of estate tax, it’s an attractive place to invest.Miami is a principal global tourist destination, witnessing a surge in new construction. It’s more than a gateway to Latin America; it’s a gateway to the world.Come and experience the magic of Miami, where diverse cultures, thriving commerce, and an active lifestyle come together to create an extraordinary city always on the move.
OVERVIEW OF THE REAL ESTATE MARKET IN MIAMI
According to August 2023 statistics released by the Miami Association of Realtors and the Multiple Listing Service (MLS) System, Miami’s total home sales priced from $600,000 to $1 million increased by 15.5% year-over-year in August 2023. In the same month, Miami single-family homes and existing condos within the same price range saw increases of 26.8% and 0.5%, respectively, year-over-year. Miami is poised to see more housing supply as it leads the nation in the number of apartments under construction, with many set to open in 2024.
The total dollar volume for Miami reached an impressive $1.85 billion in August 2023.
Furthermore, Miami boasts high property occupancy rates, with 97% of properties occupied and an average of only 33 days of vacancies per year.
In the last 15 year, Florida has led the nation with a 24% share of foreign investments in real estate, surpassing California
ADVANTAGES OF INVESTING IN REAL ESTATE IN MIAMI
Diverse Property Offering
Tax Benefits and Investment-Friendly Environment
Strong Rental Market, Landlord-Friendly Environment
Appreciation Potential
In conclusion:
Miami is one of the most attractive tourist destinations in the United States and the world, and it boasts one of the most profitable Airbnb rental markets globally. Investments made in Miami today will undoubtedly yield fruitful results in the near future. We won’t recognize Miami in 5 years!
Take advantage of the appreciation you will have when buying a property in pre-construction in a growing city like Miami. If you are looking for Airbnb-style property options to generate income and appreciation, Miami is definitely a market worth considering. Landlords and property owners are in a great position to produce a steady stream of income, therefore, if you’re asking yourself if you should invest in Miami Real Estate, the answer is YES!, Miami is always attractive and extremely profitable and invest in one of the most stable and powerful economies in the world, with the most stable and secure currency leading the globe.