Majority of Real Estate Investment in Florida comes from foreign investors looking to purchase commercial properties. Since the early 2000s, the local real estate industry has relied heavily on foreign investors.
The National Association of Realtors said 20 percent of its commercial real estate members closed a sale last year involving offshore investors.
Thanks to Real Estate support Services, Real Estate Investment in Florida will see strong boost. Home prices were strong in the last four years – up 40 percent – and it is expected they’ll keep increasing 10 percent a year.
Found in their annual commercial real estate survey, NAR said Florida was among the most popular markets for international investors buying small properties for either investment or residing.
The first advantage of buying real estate in Florida is the climate. The great weather is a selling point in and of itself. The tropical ocean current also provides warm sea surface temperatures, giving Florida beaches the warmest ocean. Not only can you go and check on your property investment, but you can also take in the sunshine while you’re at it.
Almost half of realtors reported that they enjoyed a greater number of international clients looking for Real Estate Investment in Florida, mainly commercial property over the past five years, according to top economist report. Economic expansion has rebounding along since the downturn, but in comparison to the rest of the world, the U.S. remains one of the most attractive and safest bets for investors.
The U.S. is still the U.S. — a safe haven for people from around the globe and Florida is the unofficial capital of mostly Latin America. A very large percentage of buyers are from South America and also from Europe. They invest not only because they love Florida’s lifestyle but also because it is the most secure country in which to invest. Florida has been a magnet for investors for more than 30 years, regardless of different presidents, political moods and parties — they look at the long term. Real Estate Investment in Florida in the long run, it is a premier destination, and a low-interest-rate environment creates a long-term play for prosperity.
Multiple years of steady job growth and the strengthening U.S. economy – albeit at a modest pace – makes investment a safe bet for global investors looking to diversify their portfolios and generate returns outside their country of origin.