Messi’s Presence In Miami Will Impact Its Real Estate Market. Here’s How To Invest In It Before He Makes His Debut For Inter Miami
Soccer star Lionel Messi could have easily rented the $5 million condo he now resides in like some of his celebrity neighbors. But considering how much Miami’s real estate has been blowing up and how high it’s expected to in the coming years, it probably wouldn’t be the wisest financial decision.
Miami has been a mecca for real estate investors in the past decade, and thanks to a recent innovation, investors can capitalize on the Magic City’s skyrocketing real estate prices with as little as $100.
Messi is set to play in Inter Miami’s jersey this summer, and the expectations are through the roof. The Argentinian led his national team to victory in the World Cup final, to the delight of the vast majority of soccer-obsessed Latin Americans. Messi’s presence in Miami could impact the real estate market as the city adds a new layer of excitement to its offerings. Every other week, visitors and residents will be able to go to Fort Lauderdale to watch their idol play.
Investors will welcome the one-off “push” in real estate prices, but it’s hardly necessary for Miami’s future growth. According to Redfin, the median price of a single-family home in the Miami metro area soared 80.44% in the last five years. On top of that, Goldman Sachs is confident that Miami’s real estate prices will continue to rise even though the company expects the wider U.S. real estate market to sink.
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Investors in Miami’s Cityfund will especially benefit from this potential price increase because they bet on the whole of Miami’s real estate market. Cityfunds are a calibrated investment vehicle for those who want to earn passive returns from a top city’s booming real estate market.
Nada, the company behind Cityfunds, created a collection of single-family homes scattered across the Miami metro area and split it into shares. Both nonaccredited and accredited investors can diversify their portfolios with them for as little as $100. A more substantial investment is advised if you want to create a sound hedge for skyrocketing inflation.
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Cityfunds are managed by a team with over 20 years of experience in real estate, so it doesn’t come as a surprise that the company has outperformed the wider markets. Cityfunds have returned an average of 12% annually, and unlike with similar options, investors can cash in on that appreciation whenever they see fit.
You usually have to wait up to five or seven years to redeem your profits when you invest in real estate, but Nada has created a pathway to full liquidity. You can sell your Cityfunds shares in Nada’s app at any time you want and transfer the funds to your bank account.
The combination of no income tax, sunny weather and everything else that Miami has to offer will keep attracting masses of people from all over the U.S. Miami’s Cityfund is your way to capitalize on its upswing.
“Excellent investment platform,” said one user in their review. “Very informative real estate data contained on the Nada investment platform. Extremely satisfied with the investment concept, leadership, investor relations as well as the app itself. I have found it to be a very intriguing investment platform, and I look forward to their new investment offerings.”
Click here to own a piece of Miami.
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