Miami remains a destination of choice for French. 30,000 could live there year round. And despite the nine-hour flight from Paris, 10,000 have invested to lease or purchase a second home.
The second Florida city that hosts hundreds of companies offers a tricolor pleasant living: year-round sunshine, miles of sandy beaches ... The weakness of the dollar against the euro and falling prices of real estate - down 35-40% since 2008 - are two arguments.
While the exclusive area of South Beach, focusing shops, bars, restaurants and recent buildings standing tall, currency more than 7000 euros per square meter. But elsewhere the bill is much lighter, as shown by the figures compiled by the agency "Accommodation in Miami" for Capital.fr.
In the residential area of South Miami, particularly popular with French, villas years 50-60 refurbished is currently trading at around 2400 euros per square meter. 30% less than two years ago! On the waterfront Miami Beach, the heart of the city, apartments in the Art Deco buildings are traded 3,000 euros per square meter, three times less than the port of Saint-Trop '. At this price, you can get your hands on "condominiums", the typical American modern buildings offering multiple services (concierge, swimming pool, gym ...)
For investors or individuals wishing to rent their homes for several months in the year, these fully furnished apartments have a genuine interest: American tourists are crazy and despite the quality, costs remained low (2% of the value of the property facilities and up to 2% for property tax). "What ensuring profitability of more than 3 to 4% net," says Eric Amsallem, director of the agency "Accommodation in Miami."
Another advantage: the purchase costs are particularly low in the United States (1.5 to 2% against 5% in France). "But it is better to pay cash, as it is very difficult for a foreigner to obtain a loan from a U.S. bank," says Louis Eudes, founder of Delocalia specializing in buying real estate abroad. Finally, note that you will be taxed at 15% on any capital gains. Again a more advantageous rate than France.
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