Colombians Lead Foreign Homebuyers in Florida Amid Electoral Uncertainty

Colombians have solidified their position as the top foreign buyers of property in South Florida, tripling their investment in 2025. Real estate professionals and buyers anticipate this trend will intensify due to electoral uncertainty in Colombia.

According to a new report from Realtor.com, based on data from Miami Realtors, Colombians constitute 15% of international property purchases in South Florida. They surpass buyers from Argentina (12%), Mexico (7%), and Brazil (7%). The report notes that the elections in Colombia, marked by violence including the assassination of a presidential candidate, have significantly boosted demand in Miami.

In the first quarter of the year, Colombians accounted for more than one in four property searches among South American clients in Miami. Over 55% of their international demand was focused on Florida, with Miami as the primary destination (32% of the total), followed by Orlando (7%).

Eduardo Pruna, vice president of sales at Ambar Apartments by Marriott Bonvoy in Orlando, observes that "in the last six to eight months, the Colombian buyer is looking to diversify and protect their assets." He explained that while political climate has always been a factor, the approaching elections have made it a crucial point of concern, prompting Colombians to seek a "Plan B."

Colombians invested $925 million in Florida properties in 2025, a threefold increase from $307 million in 2024, according to a Florida Realtors study. This surge in interest comes as Colombia faces upcoming elections, with candidates from both the right and left. Juan Pablo Osorio, a buyer from Bogotá and owner of Miami Brokers, confirmed that electoral uncertainty "categorically" drives client interest, citing a significant fear among Colombians about the country's political situation under the current left-wing government.