Florida property remains one of the highlights on the international real estate map with the last year seeing marked increases in both total investment and number of sales. Orlando and Tampa are market leaders when it comes to location and the Canadian and British rank as top buyers.
Luxury residential property remains a favourite asset with investors who have shifted their attention to North America over the last year. Four American cities rank among the highest performers, all recording double-digit growth, confirming the continent’s strong appeal as an investment destination.
According to a new report, Florida’s popularity with foreign buyers continues. Not only do these purchases bring multiple benefits to the Florida community, they also represent an important part of the local economy. Furthermore, experts believe that 60,000 more homes will be bought by foreigners between now and 2016.
Florida has long been a favourite with investors in US property who are consistently drawn to the state’s year-round pleasant climate, stunning coastline and affordable prices. Recent research consolidates Florida’s position as one of the best places in the US to buy beach property.
Investors are having a ball in Florida at the moment as property sales and prices continue to skyrocket. Real estate values in Florida are rising faster than the national average, attracting investors and buyers from all over the USA and abroad.
The Brazilian housing market remains strong with steady house price increases. The final quarter of 2013 saw house prices rise by 3.5% from the previous quarter with all major Brazilian cities benefitting from increased property values. Brazil continues to hold its position as a hot property location for real estate investors.