5 good reasons to invest in real estate in Miami

March 25, 2021·Miami

In recent years, Miami has become a particularly popular destination for investors wishing to emancipate themselves from French or European real estate projects to cross the Atlantic in search of real estate investments even more profitable.

Since 2007, Miami has become one of the most preferred destinations for real estate investors. La Maison iKeys, specialized in luxury real estate, returns on the 5 good reasons to invest in Miami.

Summary:

  1. Miami, an exceptional location

  2. The low cost per m2

  3. A very attractive tax system

  4. A high rental yield

  5. Miami, a reassuring city

Miami, an exceptional location

Located in the heart of Florida and enjoying a very favorable climate, Miami has the distinction of offering an exceptionally mild and pleasant living environment. Long known for being a city of retirees, the city has been profoundly transformed in recent years to become hyper dynamic.

The lagoons and sandy beaches that border Miami only reinforce the idyllic nature of this location, as well as its aspect of a nerve center, Miami being located at the crossroads of North America, South America and Europe.

The low cost per m2

In 2007, with the subprime crisis, the U.S. real estate market collapsed, not sparing the real estate market in Miami. If the prices per m2 are rising since 2011, it is still half the price of Paris.

In addition, this investment is not risky insofar as the real estate market in Miami has been consolidated in recent years by many international investors. If you hesitate to invest, jump the gun as long as the market is stable and prices have not returned to normal.

A very attractive tax system

Taxation is obviously one of the main reasons that push investors to turn to Miami. Indeed on this aspect the advantages are numerous:

  • No wealth tax

  • The acquisition costs capped at 2%

  • A capital gains tax rate of 15% with the possibility of deducting from this capital gain a large number of very interesting expenses (airline tickets, hotel bills, etc.). Small precision, this tax rate is accessible after only one year of detention.

Miami

A high rental yield

Investing in real estate in Miami with a rental objective is an extremely and quickly advantageous operation. Indeed, the acquisition prices are low and the demand is very high. Therefore, if you decide to rent your property, the rates of return quickly oscillate between 10% and 12%.

Finally, the tax policy is very flexible in this regard insofar as the income from rental investment is simply not taxed.

Miami, a reassuring city

The last big advantage of investing in real estate in Miami is the security that the city offers. Indeed, it is one of the safest cities in the United States, in which you have the leisure to live and walk without fear.

If you wish to invest in real estate in Miami, do not hesitate to contact us so that we can refine your project and find for you the property that corresponds perfectly to your expectations.

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