Florida: real estate investment potential for Mexicans
Florida is becoming one of the star destinations for real estate investment in the United States. In a recent investigation in Mexico, Florida was pointed out as an attractive investment and housing possibility.
Florida is the American State of the Sun and at the same time it is one of the affordable regions for investment in real estate and tourism for Mexicans, who consider this place for their own safety and tranquility.
In recent years, Florida has become one of the main places that Mexicans look to in order to settle, mainly because it implies an excellent price for housing, in addition to the fact that this place has conditions that are very similar to those They are found in several regions of Mexico, among which a tropical climate stands out, with warm temperatures.
The attraction of this type of investment is that it is always profitable, not depending on the economic situation. Today there are a large number of Mexican businessmen looking to invest in properties in Miami, Orlando, Tampa and other Florida cities.
In fact, Florida has been a real estate investment destination for Mexicans because it offers an overall attractive cost of living compared to California and other states.
“In recent years, global interest in Florida has grown dramatically,” said Florida Realtors President Gary Sain. Further adding that “Homes are affordable compared to other international destinations, and the warm weather is a big draw for Mexican buyers.”
Investment opportunity in real estate for Mexicans
In recent decades, Florida has become the most popular destination for Mexicans looking to buy a vacation home. In fact, according to the National Association of Realtors (NAR), Florida is the state with the highest number of sales to foreign buyers.
In 2021, according to the same association, Mexicans represented 7% of foreign investment in Miami real estate, and the average expense was 1 million 250 thousand dollars in residential purchases.
The state has three main attractions: its proximity to Mexico, its climate and its thriving economy. “Florida is one of the states that has received the most Mexican investment over time,” said Enrique Zamora, director of commercial real estate for CBRE in Miami.
In addition, according to CBRE data, in recent years there has been an increase of almost 30% in Mexican investments in Miami-Dade County alone.
Investing in BAI Capital is investing in the United States
With a presence in the real estate sector in the states of Florida, Texas and New York, BAI Capital specializes in generating value from the acquisition of land to the development of mixed-use projects. Such as residences for the elderly, student residences, multifamily buildings for rentals and mixed use that include condos and retail.
Our mission is to safeguard the capital of the partners and the own capital under the minimum risk exposure. With a safe development and going through all the stages. Purchase of land, adjustment of urban zoning, commercial vision in architectural development and management of building permits. Then, we take charge of the capitalization, construction and exit with return of the capital and profits to the partners.
In this way, we guarantee fixed and stable returns for your client portfolio. In addition to having a confidential work protocol with encrypted web forms. Use of protected personal data and private meetings with our agents throughout Latin America.