Аннотация

This report is a marketing research of real estate offers in Miami Downtown (Florida, the USA) on the Russian market

Subjects of the research are residential and commercial real estate markets of Miami (Florida, the USA). The observed region makes up a local market.
The object of the research is a realty unit (residential or commercial) in the region under review, offered by companies that are presented on the Russian market.

The aim of the research is to find out the peculiarity of real estate offers of the local market in Russia.

To prevail the following tasks were performed:

• Realty units of the local market were analyzed;
• The structure of realty units offered today on the Russian market was revealed;
• The largest companies operating on the Russian market and offering real property units in observed regions were described;
• Different aspects of real estate investments (a risk, legal characteristics, a tax legislation) in concerned regions were analyzed;
• The demand analysis for overseas real property was carried out and the portrait of a potential customer was described;
• The market capacity was estimated and market development prospects were described.

During the research Vesco Consulting specialists have turned to experts of Century 21 Prime Time Realty company that made possible to use in the research the latest information concerning the observed market as well as the Russian market of overseas realty.
The pecularity of the local market is a lack of offers - all objects that are offered for the Russians are located in popular suburbs, but not in the Downtown area.

This research can be interesting and useful for those companies who are going to offer or already offer purchasing services in Russia concerning Miami, as well as for construction and development companies who are going to start business in those regions.

Содержание отчёта

• I Introduction
  1. The object and the subject of the research
  2. Aims and tasks of the research
  II Important information about observed markets
  3. General information
  4. The economic situation
  5. The specificity of real estate investments
  III. The demand analysis
  1. Potential customer groups
  2. Motives of realty purchasing
  3. Customer preferences
  - Types of realty customer preferences
  - Formats of realty and its area preferences
  - Price preferences
  4. Overseas realty purchasing forms
  IV. The estimation of market capacity and its prospects

   

• Diagram 1. Basic groups of overseas realty buyers, %
  Diagram 2. Main motives of purchasing overseas realty of the Russians, %
  Diagram 3. Motives of purchase in regions, %
  Diagram 4. Preferences by realty types, %
  Diagram 5. Customers’ residential real estate preferences, %
  Diagram 6. Area preferences

  Table 1. Least Affordable U.S. Real Estate Markets
  Table 2. 1 sq. m. minimum price, March 2008, in Miami Downtown, by types, $
  Table 3. Typical conditions of crediting in Florida

  Illustration 1.  Map of South Florida and neighbor regions
  Illustration 2. Miami Downtown borders
  Illustration 3. The inflation rate in the USA, 1990-2006, %
  Illustration 4. Real house price change, 1991-2007, %
  Illustration 5. Political and economic risks for the USA, 2007
  Illustration 6. Political and economic risks for the USA, 2008