This week's question comes from a reader in India.
Q: I have just received a substantial inheritance. Is it wise to invest in real estate in Aventura, Florida?
A: YES! A savvy investor of should consider investing in Real Estate in Aventura for the following reasons:
Our location and proximity to Miami enables Aventura to be the “Gateway to both Latin and South America” and builds a “bridge” between Europe and the Americas.
- South Florida, including Aventura is home to the largest concentration of international banks in the USA.
- Worldwide business center for commerce, media, arts, international trade and finance.
- Aventura and the surrounding areas in South Florida are home to over 1,100 multinational companies from 56 nations, 100 international consulates, trade offices and bi-national chambers of commerce take residence in Miami.
- No state income tax.
- Miami International Airport is 3rd in the nation for the passenger transportation. A total of 33.5 million passengers uses MIA. One can travel to 120 destinations with 80 various airlines.There are 1.8 tons of airport freight are transported with revenue over $19 billion per year.
- Port of Miami serves 240 seaports. Top markets include not only Latin and South American companies but China, Italy and Hong Kong
- South Florida is the “Cruise Capital of the World” catering to 4 million passengers a year.
Florida provides a superb opportunity for business and an ever-increasing market for corporations. The following world renown companies are headquartered in South Florida:
- Office Depot (Boca Raton)
- World Fuel Services (Miami
- AutoNation (Fort Lauderdale)
- Ryder System (Miami)
Additional industries include internet technology; IBM started in Boca Raton, Florida.This company has stayed at the top of technological innovation. Florida is practically unmatched in its level of industry assets. Support of a thriving economy from the infrastructure, costs, talent, connectivity, and the market gives Florida strength in many areas.
The diverse structure of the economy of Florida has allowed it to be a top competitor in providing valuable services in engineering, accounting, insurance, finance, manufacturing and more.
And so, as you can see there are many sound financial reasons to purchase real estate in Aventura. Whether you are looking for an investment or residence Aventura is the place to be! Here is a sampling of homes for sale in Aventura.