The development will feature just two residences on each floor and offer protected views of the Intracoastal Waterway.

The agreement comes shortly after a subsidiary of Japan Airlines announced it would begin the first nonstop passenger flights between Florida and Asia.

That extends a streak that goes back over 15 years, NAR said in a press release.

Homes in the community, to be called The Dunes at Juno, will be priced from around $1.5 million. 

The new master franchise will be led by regional operating principal Rodrigo Garcia, a former RE/MAX director and broker. 

Foreign buyers accounted for 18% of all homes sold in South Florida between between August 2022 and July, a figure that’s nine times higher than the U.S. as a whole, according to a new report from the MIAMI Association of Realtors. 

An analysis of Google search data put Miami second only to Dubai as the most desirable relocation possibility for those living outside the U.S.

Searches originating from Germany made up 9.3% of all searches for Miami real estate in September, replacing Colombia as the top country looking for homes in The 305.

Miami is among the best cities in the world, according to World’s Best Cities’ 2024 ranking of the most desirable cities planet wide.

MIAMI recently added 10 real estate partners to its global network, expanding its presence to 256 partners worldwide.

When it comes to international homebuyers looking for real estate in South Florida, Colombia is the most interested country.

The new franchise will be the brokerage’s 16th in Europe as it pursues other expansion opportunities around the world. 

Foreign buyers accounted for less than 2% of U.S. residential real estate transactions last year, and Russian buyers accounted for less than 1% of those, the National Association of REALTORS® reported. 

The National Association of REALTORS® released an official statement this week regarding Russia’s invasion of Ukraine.

@properties has officially rebranded to become @properties Christie’s International Real Estate. The Chicago-based brokerage acquired the luxury real estate arm of the art auction house in December 2021.

@properties is continuing its expansion strategy on an international scale, announcing today its plan to purchase Christie’s International Real Estate.