It appears that the Florida real estate market, particularly Miami, is recovering from a hard crash.

Currently, the real estate market in Miami is increasing sales.

The average sales price in Miami rarely exceed €150.000, which is affordable for Europeans.

The sale of properties in Miami has increased due to:

1. The arrival of the U.S. President, Barack Obama.
2. La housing stock reduction, which the famous subprime foreclosures left in the hands of banks (the properties were auctioned).
3. The increase of malls and shops.
4. The decline in housing prices, added with the weak dollar, which has created a very attractive market to foreign buyers, which has led to a high percentage of international customer transactions.
5. The important market for luxury real estate, which has maintained its buyers due to falling property prices up to 50% exclusive. The buying clients come mostly from USA, Canada, Europe and Latin America.
6. The potential of the city to absorb the overbuilding generated in recent years due to its climate and as a greater international resort, cruise and shipping companies on the continent.

Both the Spanish Chamber of Commerce as the ratio of financial analysis by Standard & Poor’s, advise investing in Miami real estate market.

In new construction homes, promoters offers great incentives:

• bear the maintenance costs and taxes for 2 years.
• ensure the rent to the owners of the property for 3 years and if sales prices fall, guaranteeing repurchased by the same purchase price, proposed a housing finance with 35% of the down payment.

Miami has the Latin charm (65%, mostly Cubans) and the efficient and practical system of USA. With 2,400,000 people, Miami is a cosmopolitan city, full of celebrities, millionaires and a lot of visitors.