Foreign buyers gobbling up Tampa Bay properties

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On St. Armands Key’s North Washington Drive, Tampa Bay. up after the first of the year when investors figure out that putting money into real estate assets may be the way to go,” Saba said in.

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Foreign investment has helped drive a nearly decade-long bull market in U.S. commercial real estate by picking up trophy skyscrapers, luxury hotels and massive development sites in cities like New.

Foreign buyers gobbling up Tampa Bay properties. Drs. Joana Machry and Geraldo Ramos of Brazil stand with their children, Nicholas and.

While foreign purchasers make up about 7% of the U.S. residential. In Tampa, Fla., Venezuelan buyers are buying heavily discounted beach condos.. of a property bubble there-monied buyers are heading abroad, In the U.S., many foreign buyers are taking advantage of the relatively weak dollar.

As residents of the Tampa Bay area, we specialize in the Tampa Real Estate and surrounding areas of Saint Petersburg, Clearwater, Land O Lakes, Wesley Chappel, etc. We help both Buyers and Sellers, including those out of state and out of the country.

U.S real estate is increasingly attracting wealthy foreign buyers. Here’s a look at the hottest U.S. markets for foreign luxury buyers and which markets should emerge in the next few years.

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How Foreign Nationals Can Buy Florida Investment Real Estate March 3, 2017 By Jorge Vazquez Florida continues to rank as the top U.S. state for real estate investing by foreign investors , often by foreign nationals seeking higher profits, diversity, and more safety than is available in their home nation.