Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 33 n° 335

Brazil Leads Global Consumers Searching for South Florida Real Estate

Posted by fidest press agency su sabato, 16 gennaio 2016

MIAMI — Brazil continues to top all foreign countries searching online for South Florida real estate, according to new statistics from the MIAMI Association of REALTORS® (MIAMI), America’s largest local Realtor group. The South American nation of 200 million residents finished as the top international country using MIAMI’s search portal,, in November 2015.Brazil has now ranked as the top foreign nation using in 17 of the last 18 months. The last time Brazil didn’t rank first was July 2015 when Colombia took top honors. The newly-released MIAMI statistics also showcase increased interest from the Philippines and Mexico.“Despite the strength of the U.S. dollar, Brazilians continue searching for and investing in South Florida properties,” said Mark Sadek, the 2016 MIAMI Chairman of the Board. “Miami real estate offers security of investment for many international buyers who face economic uncertainty at home. A gateway to the world with the nation’s highest concentration of foreign-born residents, Miami is also a major center for high-impact commercial development.” Brazilian home buyermiamis purchased the third-most Miami real estate among foreign countries, according to the 2015 Profile of International Home Buyers in Florida conducted by the National Association of REALTORS® (NAR). Brazil registered 12 percent of all foreign Miami transactions in the 12 months ending in June 2015. Only Venezuelan (21 percent) and Argentinian (13 percent) buyers purchased more.
Brazilians primarily select South Florida when purchasing real estate in the Sunshine State, according to the 2015 survey. Of all Brazilians buying properties in Florida, 62 percent bought in South Florida (44 percent in Miami-Miami Beach and 18 percent in Fort Lauderdale).Brazilians moving to South Florida are often upper-middle-class families who want to enjoy their prosperity earned in their homeland as professionals and entrepreneurs. Brazilians spend the fourth-most on Florida property among foreign buyers. Brazilians spent an average mean price of $587,700 on Florida real estate in 2015.
Philippine and Mexican buyers increased their online interest in South Florida real estate in November 2015. The Philippines’ eighth-place finish among foreign visitors was the country’s highest since it also ranked eighth in May 2015, Sept. 2014 and April 2014. Mexico, meanwhile, appeared in the top-10 countries for the first time since it finished eighth in March 2015. Other top 10 markets were Colombia, Russia, India, Canada and United Kingdom.


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