The acceleration of the economy, the flow of the labor market, business tourism as well as the typology
of people and / or young generation that currently represents the workforce of South Miami has had a huge impact on the real estate sector as it is increasingly recurrent rental housing income in the short and medium term.
This movement or redistribution of the population and the Real Estate business has boosted investment in areas such as Coral Gables as a potential investment focus.
In addition to being a tourist and business destination, Miami and cities around have a wide offer in the field of higher education, with emblematic universities, a wide portfolio of tourist activities or entertainment and shopping centers.
Companies strategically choose Miami as part of the city’s core: A tropical paradise on the coast where worlds meet, entrepreneurs meet, and the Americas unite.
One of the indicators that show Coral Gables’ active economy are the statistics of high-end real estate, since the city has the highest concentration of offices and a growing demand for retail business premises, which consolidates it as a world-wide purchase destination.
- Vacancy rates in Miami are below the national (4.5%).
- Vacancy Rates have fallen for five full years pushing up rents.