#USA #Miami #Miami Real Estate #Global Buyers #International Investment

Surge in Global Interest for Miami's New Construction

In November 2025, a report from the MIAMI Association of REALTORS® unveiled a notable increase in global buyers acquiring new construction units in Miami. This trend is particularly striking, as buyers from 73 countries engaged actively in the South Florida property market over the preceding 22 months. A closer look at recent statistics shows that global buyers accounted for 52% of new construction sales in the region. This marks a growth from 49% in the previous report released in July 2025.

Miami: The City of Opportunities

Alicia Cervera Lamadrid, Managing Partner at Cervera Real Estate, shared insights during the 28th MIAMI Global Real Estate Congress, emphasizing the city's rapid transformation. “We have built the greatest city in the United States in the shortest amount of time. While we are known as the top city for billionaires, we initially lacked products tailored for them; thus, we innovated,” she stated. Collaborating with industry giants like Fortune Christie’s International Real Estate and ONE Sotheby’s International Realty, MIAMI has examined the metrics behind this growth.

The Driving Forces Behind Global Investment

Daniel Guerra, Vice President of Sales and Operations at Fortune Christie's, highlighted a crucial factor motivating these purchases—security. Many international buyers seek investment stability lacking in their home countries, alongside opportunities for generating income and appreciating assets. He noted, “The U.S. offers a secure avenue for their funds.” The report revealed that Colombia and Mexico emerged as the leading countries purchasing Miami units, comprising 23% and 20% of total buyer share, respectively.

1. Top Countries Buying Miami New Construction Units:
- Colombia: 23%
- Mexico: 20%
- Argentina: 11%
- Brazil: 9%
- Turkey: 4%
- Peru: 4%
- Spain: 4%
- Italy: 3%
- Canada: 2%
- Ecuador: 2%

Eddie Blanco, MIAMI Chairman, remarked on Miami's diverse appeal, stating, “Our city offers world-class amenities at competitive prices, attracting buyers globally. The dream of owning a piece of the American lifestyle is alive and vibrant here.”

Rising Demand Amidst Market Changes

Reports indicate an uptick in international real estate activity, as buyers sought to capitalize on Miami’s favorable conditions. Between April 2024 and March 2025, international buyers invested $56 billion in U.S. existing homes, marking a 33.2% rise from prior years. Notably, Florida has ranked as a top destination for global buyers for 16 consecutive years.

The dynamics of buyer behavior also illustrate a shift, with domestic investors from higher-tax states like California and New York flocking to Miami. They are drawn by the absence of state income tax and the promise of favorable living conditions, as reflected in out-of-state license exchanges which have risen 22% above pre-pandemic levels.

The Composition of Buyers

Interestingly, the report indicates a strong preference for Latin American clients in various neighborhoods, with 86% of South Florida's new construction sales attributed to them. Miami's reputation as a safe haven for investment has only strengthened due to political and economic unrest in several Latin American countries led by left-leaning governments.

High cash sales are a hallmark of these purchases, insulating buyers from the impacts of rising mortgage rates. Many are keen on investing in preconstruction properties as they believe in the long-term security of the U.S. dollar, making substantial cash payments more feasible.

Looking Ahead: The Future of Miami Real Estate

As Ryan Serhant, CEO of SERHANT New Development, aptly puts it, “The world is watching Miami, and they’re buying.” With Miami’s rich culture, business-friendly policies, and enticing climate, it is increasingly positioned as a leading global destination for property investment. The synergy of domestic and international demand shows no signs of waning, suggesting continued prosperity for Miami’s real estate market in the years to come.

For developers looking to contribute to the vibrant MIAMI REALTORS® new construction data reports, there’s an open invitation for engagement and participation. By keeping a pulse on this market, the possibilities within Miami’s real estate landscape remain endless.