Here are the foreign investors most interested in South Florida real estate

Colombian web users accounted for nearly 14% of all foreign searches in February

TRD MIAMI /
Jun.June 25, 2018 03:30 PM

Flags of Colombia, Canada and Venezuela over the Miami skyline (Credit: Wyn Van Devanter via Flickr)

South Florida, the top destination in the U.S. for foreign investors, continued to attract buyers from a mix of countries in February that includes Colombia, Brazil, Mexico and the Philippines, according to the Miami Association of Realtors.

Colombians browsed the most Miami homes of any foreign country with 13.7 percent of all international searches on MiamiRealtors.com, followed by Venezuelans with 11.5 percent and Canadians with 7.6 percent.

Buyers from Colombia and Canada also made the third-most international purchases of homes South Florida last year with 9 percent each. Argentina and Venezuela led that ranking with 15 percent and 11 percent of all foreign purchases, according to the association of Realtors.

Check out the full list of countries searching for South Florida homes in February:

  1. Colombia: 13.7%
  2. Venezuela, 11.5%
  3. Canada, 7.6%
  4. Argentina, 5.5%
  5. Brazil, 4.9%
  6. India, 4.7%
  7. Peru, 3.5%
  8. Philippines, 3.2%
  9. Mexico, 2.7%
  10. Dominican Republic, 2.6%

Miami was again the No. 1 market in the U.S. for international buyers, followed by Los Angeles; Bellingham, Washington; and New York, according to the report.

Within the U.S., the top states visiting the association’s website were New York, California, North Carolina, Texas and Georgia.


Related Articles

arrow_forward_ios
1835 West 27th Street and Oren Alexander

Venezuelan oil tycoon lists waterfront Miami Beach mansion for $17M

Daily Digest Miami

Homebuyers who bought after the market crash have made billions, Terra closes on $185M construction loan: Daily digest

Venezuelan leader Nicolás Maduro and the city of Caracas (Credit: Wikipedia, iStock)

Venezuelan government looks to seize homes of Venezuelans living abroad: report

Construction of downtown Hollywood high-rise may start soon

Jeffrey Epstein commits suicide by hanging himself in his Manhattan jail cell

Miami developer Dan Kodsi plans large St. Petersburg project that could cost $2B

South Florida firm buys Sunrise apartment complex for $20.2M

Home owned by late Miami Marlins pitcher Jose Fernandez is in foreclosure

arrow_forward_ios