Expats’ Guide For Buying a Property in Miami

Those who plan to move to work and live in Miami will find this city on the waterfront of Florida is a harmonious fusion of cultures, religions, languages and cuisine. If you’re thinking about buying a property in Miami, you might want to start by considering a short-term rent. In your quest to buy a home in the right district to suit your lifestyle, it provides the opportunity to familiarize yourself with different neighborhoods. Miami has a wide range of properties, ranging from renovated Art Deco condos and historic property homes to brand new multi-million dollar condos. The more historic districts of southwest Miami, such as Coconut Grove and Coral Gables, tend to be family friendly neighborhoods. Elegant estate homes along Miracle Mile and Merrick Park in these exclusive areas (some in gated communities) enjoy a sense of community, designer shopping and cultural entertainment.

Choosing to buy property on the barrier islands of Miami, including Miami Beach and South Beach, usually means luxury living “condo” with amazing views of Biscayne Bay, the beach, or both! In a shared building, condominiums offer home ownership with a monthly service charge for pool and garden maintenance, community repairs, and staff. Most luxury condos include in-house spas, gyms, swimming pools, valet parking and bellman services. There are several districts in Miami. Where you choose to rent or buy a property in Miami, experiencing the different areas can influence you. Biscayne Bay’s calm waters separate the mainland from Miami Beach, Bal Harbor and South Beach. These three sought-after suburbs are located on barrier islands connected to the city of Miami and its neighborhoods through a series of bridges. In recent years, the attraction of beach and bay views has made these areas of the waterfront top for development.

The exception is South Beach, which alongside Ocean Drive has retained its Art Deco architecture. These pastel-painted buildings are now home to boutique hotels, upscale cafés, apartments and restaurants of high quality. Single expats and young executives in this trendy neighborhood can enjoy the beach and party lifestyle. Key Biscayne is a private island that the Rickenbacker Causeway has access to, just 8 miles from downtown Miami. In this zipcode, which has many notable residents and one of the highest income levels in the US, international expats are likely to feel at home. This tiny 1,4 square-mile island, popular with boat owners, is bordered by sandy beaches to swim and snorkel. It includes Bill Baggs Cape Florida State Park (with its landmark lighthouse) and Crandon Park, featuring a golf course, tennis center and marina.

Brickell is the heart of Miami’s financial and commercial district, nicknamed the “Manhattan of the South.” Many young professionals and business leaders from miami real estate agencies choose to live in this affluent area that houses the offices of international firms, lawyers and financial institutions. The highest prices are charged by luxury apartments with bay views and private boat docks. They are all within walking distance of the beautiful bayfront location of Mary Brickell Village, a hotspot for fine dining, superb shopping and nightlife.

Many expats choose to purchase property as an investment form in Miami. The Miami real estate market has seen impressive gains in recent years as the “Gateway to the Americas.” This southernmost city in the United States has a strong economy driven by tourism, finance, and trade. Home to many international corporations ‘ headquarters, Miami also has one of America’s busiest commercial and cruise ports. The recent development of luxury high-rises, particularly in the regenerated downtown area and along real estate miami beach, was fuelled by an inflow of international investment. The result is an unrivaled choice for expats looking to buy luxury properties in Miami.

Over the years, the property scene in Miami has only become more popular. This means, of course, better properties and more interesting opportunities for investment. Many people around the world are now shopping in Miami! If you’re not from the United States and you’re looking to buy a property, finding the best possible solution will be difficult. However, don’t worry, it’s normal for people who don’t live in Miami to have a tougher time to pick the best property. The contested factor is not the quality of the property, but the location. Buying real estate can mean the difference between success and failure in this perfect neighborhood. Check out the guide to buy a property in Miami from our expats and use our tips to secure the best purchase of property! As new buildings are being built by top real estate companies and new investment opportunities are emerging, Miami is the hotspot for real estate at the moment. Miami is a metropolis and one of the East Coast’s most famous cities. So, you’ve come to the right place if you’re looking to get a return on your property investment. Obtaining good properties for your investment in downtown Miami may not be an easy task though.