This article highlights Miami’s position as the leading U.S. luxury real estate market, now surpassing the Hamptons in appeal and investment volume. A projected 28.1% increase in the number of millionaires between 2025 and 2030 signals sustained growth. Chilean investors have played a key role, representing 6% of residential purchases in South Florida and averaging $718,800 per property, according to AGD Developers.
Key Points:
- Miami is now the epicenter of the U.S. luxury real estate market, overtaking the Hamptons.
- The number of millionaires in Miami is expected to grow by 28.1% between 2025 and 2030.
- Chilean buyers account for 6% of residential acquisitions in South Florida, with high average purchase values.
Read the full article to learn how Miami is attracting Chilean investors to its booming luxury real estate market.
