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Investing in Miami

Investing in Miami

 

The top 20 reasons to buy in Miami are:

 

1. Affordable Real Estate - 50% more affordable in the last five years; the weak U.S. dollar gives greater discounts for foreign buyers.


2. Top Market for International Buyers - Miami market is expected to outperform other U.S. markets long into the future.


3. Desirable Weather - Miami is the only major subtropical city in the U.S.; average temperature 75°/ 23°C.


4. Stunning Beaches - Greater Miami has 84 miles of Atlantic Ocean coastline, 67 square miles of inland waterways, and 15 miles of world-renowned beaches. 


5. Water Sports - Enjoy sailing, boating, kayaking, snorkeling, swimming, diving & all other water sports year round.


6. Stimulating Daily Life- Families, baby boomers, retirees, young adults, celebrities & visitors. Art venues, galleries, museums, professional sports, and wonderful shopping.


7. Extraordinary Nightlife - Ocean Drive, Lincoln Road, Mary Brickell Village, and Midtown offer top restaurants, bars, nightclubs, and many other world famous places. 


8. Restaurants - The diversity of the city is reflected its offerings of worldwide cuisine.


9. Entertainment Industry - Fashion Week, top modeling agencies, and home to over 2,400 motion picture & video businesses.


10. Commercial & Investment Real Estate - The vacancy rates for all commercial sectors in Miami are below the national average; retail & multi-family are outperforming most major markets in the U.S.


11. “Gateway to the Americas” - Located between Latin America & Europe; the perfect location for business and pleasure.


12. The most International City in the U.S. - Nearly 50% of the population is foreign born and speaks over 100 different languages.


13. Universal Business Center - Business, finance, commerce, media, entertainment, arts & international trade; there is no state income tax; home to nearly 1,200 multinational companies from 56 nations; more than 100 international consulates, trade offices & bi-national chambers of commerce.


14. Hotels - Miami ranks fifth in U.S. in occupancy after New York, Oahu Island, San Francisco, and Boston.


15. Top Tourist Destination - 12.6 million overnight guests; 6 million of those international visitors.


16. World Aviation Hub - 3rd in the U.S. with 33.5 million passengers a year; Over 80 airlines to 120 destinations- top freight airport in the U.S. with 1.8 million tons- $19 billion in business revenue each year.


17. Port of Miami - “Cruise Capital of the World”; more than 4 million passengers per year. Serves 240 seaports; 9 million tons of sea cargo; top markets: China, Italy, Hong Kong, Honduras & Brazil.


18. Educational Institutions - Miami has the fourth largest U.S. school district; 5 universities & colleges; 3 law schools.


19. Hospitals - 33 hospitals; Jackson Memorial is one of the top 25 in the U.S.; Miami Children’s Hospital is #1 pediatric hospital in the country.


20. Top Rankings
-Miami has the largest concentration of international banks in U.S.
-Miami’s skyline ranks third in the U.S. behind NYC & Chicago, & 18th in the world. (Almanac of Architecture & Design)
-Miami is the only major city in the U.S. bordered by two national parks; Everglades National Park on the West, & Biscayne National Park on the East.

 

Miami is the perfect city to invest in Real Estate and Jetset Realty's agents will help you during all the process. Check out our beautiful Bay View ApartmentsOceanfront Condos and Brickell Condos.

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