The Real Deal Miami

Brazilian buyers continue condominium sales spree in Miami, Miami Beach

June 14, 2012 12:00PM

As The Real Deal has long reported, Brazilians have been some of the key players in Miami’s recent condo boom, drawn by Miami prices that pale in comparison to those in cities like Rio de Janeiro and Sao Paulo. At the W South Beach, for example, Brazilians have purchased nearly half of the units, according to NBC’s Rock Center. They’ve even impacted the way developers sell their condos. See more in the video above. [NBC]