Market Brief: Latin American Buyers Now Nearly Half of Miami New-Condo Sales

by | Aug 25, 2025 | Luxury Properties, New Properties

Source: Miami Herald (Aug 5, 2025)

Key stats (luxury = $1M+)

 

  • The Herald reports Latin American buyers drive nearly 50% of Miami’s new-condo sales, reflecting capital preservation, cultural ties, and cash-friendly purchasing. Miami Herald
    • Underlying market evidence: 49% of new-construction sales are to global buyers, and ~86% of those international purchases are by Latin Americans (18-month period to June 2025). Submarket highlights include Downtown’s 99% Latin share among international buyers. MIAMI REALTORS®

    Why it matters for ULD Buyers

    For premium, under-construction condos, Latin American demand is the backbone—a durable tailwind for top locations, spectacular amenities, and branded services.

    Read the full Miami Herald piece. Miami Herald