Miami Beach is a tourism and property mecca for Americans and foreigners, and the market keeps on growing. Miami, along with Miami Beach, has been recently dubbed as the New Manhattan by media and property developers, and the Greater Miami association of Realtors notes that the property boom will add more than 100,000 homes to the area.
A huge chunk of the upscale properties being developed are built with foreign buyers in mind, as exchange rates look more favorable in Europe and elsewhere, and buyers are considering that since prices are rising, they see investing in Miami Beach real estate a prospectively profitable one.
A City Flowing With Diversity
The city of Miami Beach, located on the eastern coast of the southernmost tip of Florida, is a diverse and complete vacation destination for tourists who enjoy year-round sunshine, wonderful Art Deco designs, glittering and vibrant night life, famous dance clubs, and a wide expanse of beautiful beaches. It also makes a perfect home for potential residents who want to savor living in a city flowing with diverse cultures and traditions, sunny skies, and a wide array of employment opportunities as well as good...