Property Miami Florida

Miami Florida is proving a sound place to invest in property

Miami Florida proving a great place to invest in overseas property

Miami Property

Miami tourism is growing and so is the Miami property market. Dubbed the New Manhattan by the US property media. The Greater Miami association of Realtors states that the Miami property boom will add more than 100,000 homes to Miami. Many of these Miami properties are built with foreign buyers in mind. Exchange rates are favorable in Europe and with 28 per cent rises in prices in one year the time to buy Miami property is now.

Condo Hotels a good form of investment property

Property in Miami ranges from the affordable to the damm right expensive Miami offers investment property to suit every second homeowner’s pocket. Condo Hotels also known as Apart-hotels or  Hotel Residences in Miami Florida put luxury condominiums and name-brand hotels under one roof, a purchase in one of these will give you all the pampering of a hotel when you come on vacation as well as the opportunity to earn an income via rental when you are out of town

Why buy investment property in Miami

• Property Prices:average property prices are soaring. A single family home in2004 costs $242000. In 20045 it rose to $309800 a 28 per cent increase.
• Demand is high from international investors as well as domestic buyers
• Tourism is rising annually and now
• Climate Florida climate means 260 days of sunshine per year
• Location, Location Location it's location is strategic for international business and tourism
• Infrastructure the city has invested heavily in its infrastructure
• Airport one of the busiest international airports in the USA
• Major Port:Major cruise ship terminal
• Population is growing
• Lower crime: anti crime initiatives have reduced crime.

Getting to know Miami Florida

Miami is Florida's most populated city, sitting at the southeastern tip of the most south eastern state of the United States, bordered by the Atlantic Ocean to the east, the Gulf of Mexico to the west and the neighboring states of Alabama and Georgia to the north.

Most visitors aren't here for Miami itself, but rather to visit Miami Beach, an entirely separate municipality. Miami is on the mainland, while the city of Miami Beach is on a thin barrier island about 6km (4mi) to its east, across Biscayne Bay - locals call it the Billion Dollar Sandbar

Getting to Miami Florida

Miami is served by two main airports: Miami International Airport (MIA), about 19km (12mi) west of downtown, and the Fort Lauderdale/Hollywood International Airport (FLL), about 48km (30mi) north of the city. MIA is one the USA's busiest in terms of aircraft and number of passengers. Miami is the main US/Latin American gateway, and the airport is served by everyone and his brother's (including Brothers to the Rescue) airlines. Most major European airlines have services to Miami. Overseas property buyers descend upon Miami Beach each year. The Miami International Airport has over 70 airlines providing nonstop flights from locations within the United States and overseas. Miami International is conveniently located a mere ten miles from Miami Beach, and access to major highways are only minutes away. Taxis line the airport ready to take visitors to their destination.

Miami Quick Facts

Area: 93 sq km
Population: 600,000
Country: USA
Time Zone: GMT/UTC -5 (Eastern Standard Time)
Telephone Area Code: Metropolitan Miami: 305; Miami and Miami Beach: 786

Public Holidays
1 Jan - New Year's Day
third Mon in Jan - Martin Luther King Jnr Day
third Mon in Feb. - Presidents Day
Mar/Apr - Easter
last Mon in May - Memorial Day
4 July - Independence Day
first Mon in Sep - Labor Day
second Mon in Oct - Columbus Day
11 Nov - Veterans Day
fourth Thurs in Nov - Thanksgiving
25 Dec - Christmas

Miami property useful web sites

• City of Miami Government web site
• Lonely planet guide to Miami
• Miami herald news paper
• Miami Guide by Jack Dallas
• Greater Miami convention and visitor Bureau
• Miami fr £325