The Rise of International Buyers in Miami: What It Means for the Market

Miami’s real estate market continues to transform — and one of the biggest forces shaping it in 2026 is the rise of international buyers. Whether you’re watching trends or considering buying or selling, the global demand for Miami luxury real estate is something every home buyer, seller, and investor should understand.

Why International Buyers Are Flocking to Miami

Miami is no longer just a sun‑soaked vacation destination — it’s a global hub for real estate investment. A new report from the MIAMI Association of REALTORS® shows that international buyers accounted for about 15% of the total residential dollar volume in South Florida in 2025, far exceeding the national average, and Miami remains the #1 U.S. market for foreign home buyers.

Here’s why:

• Global appeal and lifestyle: Miami’s beaches, culture, and connectivity attract buyers looking for high‑quality living and luxury amenities.

• Political and economic stability: Buyers from Latin America, Europe, and beyond see Miami as a secure place to park capital.

• Investment value: A weak U.S. dollar and stable property values make Miami homes and luxury condos appealing assets.

International Buyers Now Dominate New Luxury Construction

One of the clearest signs of this trend: international buyers now make up over half of new‑construction condo, pre‑construction, and luxury tower sales in South Florida. Over the past 22 months, buyers from more than 70 countries — especially from Latin America — have purchased about 52% of these homes.

This surge isn’t limited to condos. Luxury houses, waterfront estates, and high‑end developments across Miami are increasingly sold to international luxury home buyers, often with all‑cash offers that keep the market moving even when mortgage costs rise.

What This Means for Miami’s Market in 2026

1. Strong Demand for Luxury Homes & Condos

International buyers are driving sales at the top end of the market. From luxury condos in Brickell to waterfront estates in Coral Gables, demand remains high, sustaining pricing even when other market segments slow.

2. Cash Purchases Keep the Market Resilient

Many international buyers pay in cash, meaning market activity continues regardless of mortgage rates, giving sellers confidence and keeping inventory moving.

3. Global Visibility Boosts Investment Potential

Miami’s reputation as a global real estate hub attracts foreign agents and buyers, increasing competition for luxury homes and condos. This visibility strengthens Miami’s overall market brand.

4. Broader Investment Opportunities

While Miami leads, buyers are exploring other luxury markets in Florida, including Palm Beach, Naples, and Sarasota, for estates and high-end condos, signaling Florida’s luxury market is becoming increasingly international.

What Buyers and Sellers Should Know

• For buyers: International demand means competition in luxury segments. If your goal is a high‑end condo or beachfront home, you’ll want a strategy that accounts for global interest.
• For sellers: Miami’s appeal to global buyers can translate to larger offer pools and stronger pricing for luxury properties — especially in high‑demand areas.
• For investors: The international buyer trend is a bullish signal for long‑term property value growth, especially in condos and luxury homes that appeal to global lifestyle seekers.

Conclusion

In 2026, international buyers are more influential than ever in shaping the Miami real estate market. They’re a major factor in luxury condo and home sales, especially in new construction and high‑end segments. Whether you’re buying your next luxury condo, selling a Miami house, or investing in Miami’s future, understanding this global demand trend is essential.

With international buyers shaping Miami’s luxury real estate market like never before, staying informed is key to making smart choices when buying or selling a home, condo, or luxury estate. The M Group Team is here to provide expert insight and personalized guidance, helping you navigate Miami’s global real estate scene and find the perfect property that fits your lifestyle and investment goals.