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Purchases by Colombian nationals in Florida more than tripled last year as the country heads into a June 21 presidential runoff. Data show rising online interest and expanding interest beyond Miami.
citizen.co.zaColombian buyers spent $925 million on Florida real estate in 2025, up from $307 million in 2024, according to Florida Realtors. 9 billion. com data show.
Colombian buyers also accounted for nearly 32 percent of online real-estate views in Miami, an increase of 29 percent from the same period a year earlier. Colombia is the top global buyer market for South Florida real estate, representing 15 percent of all international purchases, Miami Realtors reported. Fifty-nine percent of Colombian buyers list Miami as their first choice.
7 percent, into a runoff scheduled for June 21. De la Espriella currently leads polls for the runoff. Sales agents say buyers are citing the election and Colombia’s fiscal position.
8 percent net of temporary interest-cost reductions, Fitch Ratings said. The agency estimates a 4-percent-of-GDP adjustment is needed for debt stabilization. Gilberto Iragorri, sales director of The William Residences in North Miami, told Newsweek that buyers mention both the election and the exchange rate.
“Colombia has had a communist government for the last four years and right now, the race is very close,” he said. ” Colombian buyer Juan Pablo Osorio, who is purchasing a unit at The William, said the decision centered on portfolio diversification. “For me, the decision had less to do with reacting to a specific election and more to do with wanting to have part of my portfolio in a stable and predictable market,” he told Newsweek.
Com data show. The median sale price of a typical home in Orlando was $409,755 as of May 2026, down 2 percent year-over-year, Redfin reported. 44 percent.
Eduardo Pruna, sales representative for Ambar Residences Orlando, said buyers are drawn by relative value and tourism volume. Orlando welcomed more than 75 million visitors last year, he noted. Iragorri said some buyers are also considering the EB-5 visa, which requires an investment of $800,000 to $1,050,000.
The William qualifies for the program. He added that a continuation of the current political direction in Colombia could increase Colombian purchases by 40 percent.
english.elpais.comAbelardo de la Espriella defeated Ivan Cepeda 49.66 percent to 48.70 percent in the June 21 runoff. More than 26 million ballots were cast, a 63 percent turnout in the 53-million-person country.
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