The sunniest state of the USA welcomes foreigners from all over the world. This stunning destination impresses the minds of tourists by various natural and architectural wonders. Any park here becomes an exotic botanical garden. Orange groves are interspersed with mangrove swamps. And next to the white sands of the Atlantic coast grow slightly surreal skyscrapers and fashionable resorts. An abandoned fort in the middle of an ocean sanctuary is also a Florida reality. So is the oldest city in the United States. If you're considering making Florida your home, you can use a Florida mortgage calculator to help you estimate your potential mortgage payments and plan your move.
Florida is one of the popular regions for living and buying property among many foreigners. The apartments and houses in the southern U.S. state are in high demand among citizens of European and CIS countries. Florida real estate prices are gradually rising which makes purchasing a property in this region attractive from an investment point of view. Property for sale in Florida impresses with its versatility and a number of amenities included. These and some more benefits attract foreign investors to the area.
A little bit of market statistics
The total amount for which foreigners bought accommodation in the U.S. between April 2021 and March 2022 increased by 8.5%, while the number of houses and apartments sales decreased by 7.9% over the same period. This picture is largely connected with the rising real estate prices in the states. For example, the median price of a home purchased by a foreigner was a record $366,100.
Impact of the pandemic on the real estate market in the USA
The decline in real estate purchases by foreigners during the above one-year period was seriously affected by the restrictions imposed during the pandemic. First of all, the problem was related to travel restrictions, as usually before buying a home a buyer wants to come to the city, evaluate the area and the quality of the property to be bought on their own.
In 2022, travel restrictions are gradually being lifted, and the real estate market is coming back to life.
Florida breaks records
It is worth noting that Florida is the most popular region for foreigners to buy homes for more than a year. Here was a quarter of all home purchases in the country for the annual period. The southern region of the United States is often chosen by foreigners to move for the Permanent Residence. There is not only a comfortable climate and excellent infrastructure for living and recreation, but also affordable housing prices compared to other states.
Housing Options for Buying in Florida
If you are thinking about buying a home in Florida for a permanent stay or investment, go to Florida.Realestate. A huge selection of affordable housing units awaits you here:
In addition, the website presents real estate in the most popular cities for foreigners in Miami and Hollywood. An important advantage of living in Florida is that many apartment complexes are within walking distance of the sea.
In the catalog you can find both luxury villas and compact studio apartments at affordable prices.
Features of residential complexes in Florida
Most modern apartment complexes in Florida in high demand are high-rise buildings with a wide range of amenities, including a swimming pool, fitness center, playgrounds, and spa. Large apartment complexes usually have a spacious lobby with a seating area, barbecue areas, underground parking, etc. Also, all new complexes have 24-hour security and video surveillance.
You can buy a townhouse or villa in Florida in a gated community. Typically, these houses have two or three floors, garage, backyard with garden and terrace.
Finding Florida real estate with Florida.Realestate
At Florida.Realestate, you will find the most convenient way to search for property based on various criteria. You can choose the region you are interested in, the type of housing, or a particular complex. For your convenience, you can set the prices in euro and dollars. The site contains the best proposals from developers (builders) and real estate agencies, which will help you today with the comfort to choose the right option for an apartment or house for life or for investment.
