MIAMI—Brazil ranked among the top countries searching for residential real estate in Miami in May. Trends uncovered on Miamire.com also reveal that South Florida still tops the nation for international real estate buyers and consumers. The Miamire.com website saw more than 1 million visits between January and May.

“Miami continues to be a top choice for Brazilian buyers who feel at home in Miami and are attracted by the local lifestyle, culture, and thriving real estate market,” says Miami Association of Realtors chairman of the board Natascha Tello. “Our relationships further boost already strong interest in our market, as affluent Brazilians prefer Miami over any other market in Florida and the U.S.”

Brazil was second only to the U.S. among countries whose residents are looking at Miami real estate. In fact, Brazilian buyers consistently rank in the top three countries of origin investing in Miami real estate, according to the 2012 Miami International Market Report.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.