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Miami Beach
Miami Beach is not just a beach town, but also a city full of culture. The city offers fun in the sun while also offering diverse art and entertainment. Miami beach real estate investing has always been popular because it is the city where people go to seek out luxurious real estate. Whether it is foreign investors or domestic citizens looking for a luxurious vacation rental, Miami Beach is where they go. Interestingly, Miami Beach real estate prices are relatively affordable compared to other major cities in the U.S.
Foreign investing in Miami Beach real estate helps the economy a great deal. When there is a decrease in these investments, locals have to constantly feed the market which means the residential real estate market suffers.
Real estate investment properties in Miami Beach are great because of the many families looking for vacation homes. The many tourists also benefit from Airbnb listings but some of the short-term rental laws can make owning an Airbnb investment property challenging.