Over the last few years, South Florida has become one of the best places to invest in Real Estate thanks to its fast growth. For Gables Riches, this represents a great business opportunity, whether you’re looking for Property Investment or a second home. That’s why we’ll share 5 reasons why South Florida is becoming the best option to invest in.
1. Affordability: The
local market offers affordable properties with many amenities and seller
incentives. And thanks to its multiculturalism,
it’s becoming the center for international buyers.
2. Weather and
activities: Florida is the only subtropical
state in the US, making its weather very fresh during the spring and summer and
slightly cold during autumn and winter. Its weather is an advantage; you can
enjoy all-year round water sports, such as snorkeling, boating, kayaking, and
more. And its beautiful beaches attract visitors and potential customers.
3. Lifestyle:
There are so many things we can say about the world-renowned Miami lifestyle:
children, adults, and elderly. There are more things than the party scene:
wildlife resources, parks, beaches, and more.
4. There are differences
between South Florida and North Florida:
South Florida is a worldwide, diverse capital with a high Latin-American
influence, and it’s where the most well-known lifestyle happens. On the other
hand, North Florida has a different weather than the rest of the state.
5. Taxes in Florida:
Florida is one of the few states without
tax income and it has a low cost of living. But there’s a catch: gas tax is
high, so saving some gas by running some errands on the same day can be a good way
to save money.