International Buyers

Information for Canadians and international buyers who are looking to buy SW Florida investment property.

Found 8 blog entries about International Buyers.

 

Cape Coral Properties Most Sought After by International Buyers

According to the latest Trulia.com statistics, Florida remains the hottest spot for savvy international investors, and Cape Coral properties come in as the number one choice for buyers.

Who's Buying Cape Coral?

According to the Lee County Visitor Bureau, there are a large number of repeat visitors coming to Lee County from Canada, the United Kingdom, Germany, Austria and Switzerland. All together, close to 500,000 international visitors arrived here last year, and this year is expected to be no different. International visitors aren't just here for a family vacation either. Here are the statistics on who's buying Cape Coral:

According to the Florida Association of Realtors early

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There's good news on the horizon for Lee County's housing market. Foreclosure numbers are currently the lowest in three years. With just over 800 foreclosures for the month of May, this is a sign of things to come. Property values have continued to hold at rock bottom prices, but they won't stay that way for long. If you've been waiting for the ideal time to buy, don't wait any longer. Cape Coral waterfront homes can still be scooped up for under $200,000 but with less foreclosures flooding the market, it is a sign of the stabilizing economic climate. Clearly, things are getting better. Southwest Florida's real estate experts predict the positive trend to continue. Foreclosure numbers are dropping and housing prices are beginning to climb. Last month,…
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noaa_findings_copy_680Investors, home owners, tourists, and anyone considering purchasing property during this excellent market can rest easy. Recent projections by the National Oceanic and Atmospheric Administration (NOAA) verify the statements of Kristie Anders, a local expert, that there is a minimal likelihood of oil from the BP oil spill that will impact the waters and beaches of Fort Myers, Cape Coral, Pine Island, and Sanibel in Southwest Florida.

Less Than 1% Chance that Lee County Property Will Be Affected

In a recently released technical report, NOAA stated that the likelihood of oil affecting the area in any way is less than one percent. At this point, the oil has already degraded to scattered tar balls instead of a large surface oil slick and has lost

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The credit crunch has taken its toll on many families across America, preventing certain individuals from investing in Florida property during a time when prices have reached an all time low.  But what about foreign investors, especially those coming from the U.K? The British pound has remained very strong against the dollar - with one pound currently worth $1.65. So, what does this mean as far as foreign investment prospects go?

According to the Association of Foreign Investors in Real Estate, over 50% agree that the United States provides the best opportunity for capital appreciation. This figure has risen steadily from 26% in 2007 and 37% in 2008. The majority of foreign investors in real estate have plans to boost their United States

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Cape Coral Homes for Sale. Paradise is Affordable

Perhaps you battle the winters on the cold, windy streets up north and are looking for a second home that lets you escape from the cold and snowy conditions.  If you have been dreaming of owning a home in Florida, there is no better time than now to look into the opportuntities that exist in the homes for sale in Cape Coral and surrounding communities.

Even if you've been living in a cave, you know that the economic conditions of the real estate industry have been nothing short of devastating. For the Cape Coral area, it has been some of the most difficult conditions for some homeowners, who have found it impossible to avoid foreclosure.  Although this may sound tragic, it is a buyers market for anyone

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As I mentioned in my post, "The Canadian Invasion: Why Canucks are Flocking to Lee County," Canadians are accounting for a large number of real estate buyers in Cape Coral, Fort Myers, and surrounding communities. Because of this, I wanted to provide a bit of information to Canadians and other international buyers who are looking for property in the Lee County area. Please note: the information below is just a general guide; for specific questions and buying advice, please contact me online or call (239) 410-5821. I'll be happy to help you assist you.

Q) How long can I stay in the U.S.?

A) Generally speaking, most Canadians can stay for up to six months in a year. Any longer than that, and you risk losing your provincial health coverage. Lengthier stays

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Southwest Florida has always been a hot spot among Canadian "snowbirds,' looking for a warm locale to spend their winters. The beaches here are incredible, the people are friendly, and the lifestyle can't be beat.

The National Association of REALTORS® recently conducted a survey and discovered that Canadians represented a whopping 27% of all buyers in the state of Florida. This has been due in large part to favorable exchange rates, but as SWFL home prices continue to sit at record lows, the number of Canadians scooping up Lee County real estate is expected to rise even more. With properties in Fort Myers and Lehigh Acres selling for as low as $50,000, Canadian buyers know a deal when they see one.

Many Americans have been unable to take advantage of rock…
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