South Florida not only has a strategic location, pleasant wheatear, and constant traffic of tourists, Florida also has a reputation attributed to it. A significant attractive factor lies in the state’s generous tax policy – there is no purchase tax and no income tax. What does exist is a windfall to encourage investments, positioning Florida as the hottest destination for real estate investments.
Many of the world’s richest people visit Florida to escape the cold winter months, bask in the sun on the golden beaches, and rent luxury homes near the beaches. Another segment of the population that is flocking to the country is the retirees who want to spend their retirement years there. They are also joined by couples, young families, tourists, and immigrants,
Welcome to Miami!!
Among the cities in Florida, the one that draws the most attention is Miami. White beaches, luxury hotels, tumultuous nightlife with an endless array of clubs and bars, along with pleasant weather throughout most of the year, have positioned Miami as one of the 20 most desirable cities in the world for residence and real estate investment. In addition, the city enjoys positive immigration. both of these reasons Bring together residents within the United States, and outside of it, mainly from South American countries. The city’s diverse character has also made it a world cultural and culinary center. In addition, Miami is also famous for the cruises that depart from the local port to a multitude of destinations.
The most desirable area in Miami is South Beach, a dreamy beach surrounded by water on both sides, which has already attracted glittering names such as outgoing US President Donald Trump, basketball player LeBron James, and a host of sports and movie stars. When talking about the good life, South Beach is the place.
Beyond a multitude of attractions, Miami is also synonymous with multi-family. Multi-family, are properties that contain hundreds of housing units – and have already proven to be a profitable investment for various types of real estate investors.
Credit: Oren Tal