Southwest Florida real estate market attracts Canadian investors, other international clients
They come from Toronto, London and Dusseldorf, and they're all here for the deals.
Foreign buyers are on the hunt for real estate bargains in Southwest Florida. They scour listings from across the Atlantic and leave Canadian tundra in search of properties dotted with palms.
Some international buyers are looking for second homes, while others purchase investment property they rent out - at least until they're ready to make their part-time residence here.
British and German buyers have a strong presence in the area, but international interest comes from all over.
Clients hail from Finland, Israel, Greece and North Korea.
On Sanibel, French investors looking for commercial property, plus plenty of German, British and Canadian residential prospects.
Real estate agents say the weak dollar piques international interest, along with U.S. newspaper headlines and reports that point to Southwest Florida as a leader in foreclosure properties.
"That triggers the Internet searching opportunity worldwide," and "Every time someone gives that headline, I believe people are finding us."
Andrea Palmer a German speaking Realtor in Fort Myers, Cape Coral and Sanibel shares her luxury homes at www.andreapalmernow.com
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