Florida is world-renowned for its beaches, theme parks, abundant sunshine and vast national parks, hence why it’s been a hotspot for international buyers for decades.

The allure of Florida isn’t limited to its beauty either. Of course, we all know about the popular theme parks reigned by a rather famous mouse in Orlando, but there’s so much more to discover from the exquisite golf courses to its ever-popular key lime pie!

If you’re set on buying property in Florida, the beautiful sunshine state, but don’t know what town, city or neighbourhood is for you, then you’ve come to the right place.

According to Florida Realtors, international buyers whose primary residence was overseas accounted for 65% of international buyers in Florida. Compared to 49% in the US as a whole, this suggests holiday homes are more popular in Florida.

Where to buy property in Florida

Nearly half of property purchases by international buyers in Florida were in South Florida in 2023. Below we’ll take a look at the four areas that are hugely popular with international buyers in Florida.

Fort Lauderdale

Fort Lauderdale is an attractive destination for overseas property buyers, known as the “Venice of America” due to its expansive canal system. The city offers a variety of real estate options ranging from opulent waterfront estates to sleek, contemporary condos in the downtown area. Fort Lauderdale has a bustling economy and a thriving arts and culture scene, adding to its appeal. Its international airport and cruise port make it an easily accessible location for global buyers.

West Palm Beach

This city combines the charm of a small town with the amenities of a large urban centre. The real estate market in West Palm Beach offers a range of options, from luxury oceanfront properties to historic homes. The city has a strong economy, and a vibrant arts scene, and is home to several top-rated golf courses. Palm Beach International Airport serves the area, making it a convenient destination for overseas buyers.

Kissimmee

This area is highly sought after, particularly by international buyers, due to its proximity to world-renowned theme parks like Walt Disney World and Universal Studios. Kissimmee offers a variety of property types, from vacation homes to residential properties.

The area is well served by Orlando International Airport and has a robust short-term rental market, providing an excellent opportunity for investment properties.

Davenport

Located in the heart of Central Florida, Davenport is an ideal location for those looking to buy property near major attractions like Walt Disney World and Universal Studios. The area offers a variety of property types, from vacation homes to residential properties, at more affordable prices compared to other parts of Florida. The city is served by the Orlando International Airport, making it accessible to international buyers.

 

If you are considering an overseas property purchase, whether for lifestyle or investment, opening a no-obligation account with FCA-authorised Smart Currency Exchange will enable you to benefit from their competitive exchange rates and specialist currency knowledge, ultimately saving you money and time. For more information, download Smart Currency Exchange’s free report or visit the Currency Zone.

Sources: Florida Realtors, 2023

Written by PropertyGuides for Rightmove