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
Gables Town Colony apartment complex, Sue Ansel of Gables Residential

Gables Residential scores $85M loan for Boca Raton apartment complex

Gables Residential scores $85M loan for Boca Raton apartment complex
Broadstone City Center with Alliance Residential’s Bruce Ward and Nuveen CEO Jose Minaya

Nuveen pays $103M for West Palm luxury apartments

Nuveen pays $103M for West Palm luxury apartments
Edmund Ansin and the property (Credit: Google Maps)

Billionaire TV family sells Miramar property to Florida Crystals

Billionaire TV family sells Miramar property to Florida Crystals
Toscana apartments and Juan Porro of FCI Residential

Florida Crystals sells Margate rentals for $60M

Florida Crystals sells Margate rentals for $60M
From left: Andrea and Renzo Rosso

Diesel family dishes on Wynwood condo project

Diesel family dishes on Wynwood condo project
 4601 Le Jeune Road, Jose Boschetti and Maurice Boschetti

Gables Residential sells dev site near Shops at Merrick Park

Gables Residential sells dev site near Shops at Merrick Park
Daily Digest Miami

Panattoni drops $24M to build new industrial project near Opa-locka, One Sotheby’s International Realty acquired Treasure Coast Sotheby’s: Daily digest

Panattoni drops $24M to build new industrial project near Opa-locka, One Sotheby’s International Realty acquired Treasure Coast Sotheby’s: Daily digest
1835 West 27th Street and Oren Alexander

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

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

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...