Foreign buyers gobbling up Tampa Bay properties

Foreign Buyers of Properties in South Florida Answering your Questions about buying property in South Florida as a non-U.S. Citizen/Foreign National. Answer: Property Taxes are billed Annually in the Month of November and will be estimated at approximately 2% of the amount of the purchase price for your Property.

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Real estate purchases in Tampa Bay have more than doubled in the last year, as foreign buyers look for new bargains beyond their traditional Miami hunting ground. An influx of investment from.

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That would rise to $1.5 million on a $10-million home. The tax isn’t perfect, but it’s a good move that could discourage foreign buyers who are pushing up the region’s real estate prices, said Tom.

But Developer Planning 22-Story Tower on Florida’s West Coast Is About to Test That Premise

Florida should not allow billion-dollar real estate companies to bully condo owners into selling their homes, especially at unfair prices. But that’s exactly what’s happening around the state and in.

"The Tampa Bay area is particularly desirable for foreign buyers of real estate and we continue to see growing global interest," said Allen Crumbley, Broker/Owner of Berkshire Hathaway HomeServices Florida Properties Group.

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Tampa Bay Lightning Owner Has Gone From Hedge Funds To Hockey To Real Estate . Big plans in sight for #downtowntampa . forbes.com Jeff Vinik, a former hedge manager, has his sights set on building half a city in downtown Tampa. According to the Tampa Bay Lightning owner, he spends approximately 80% of his time on his real estate ventures.

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