Miami, FL – Doral is a suburb of Miami and one of the fastest-growing cities in South Florida. The place was originally a large resort with golf courses, built by real estate pioneer Doris and Alfred. The couple’s initials gave later the name “Dor – Al” to the city. Nowadays, Doral is one of the most sought after destinations for Americans and global buyers choosing the city for their place to live, have a second home, or invest. Large companies have also chosen Doral to host their offices. Most of the businesses that drive the city’s economy are related to import and export activities, due to the proximity to Miami International Airport.
Like other cities in Florida, Doral also offers pleasant weather all year round and is primarily known for its world-class golf courses. Names like Tiger Woods, Jack Nicklaus, and Phil Mickelson were discovered on the Doral courses.
Until recently, the region was little known to global buyers, who preferred to buy properties in neighborhoods closer to the coast, such as Miami Beach, Aventura, or Sunny Isles Beach. This scenario has changed a lot. Today, Doral is a favorite destination for Latin Americans. More than 70% of the population has Spanish as their first language. The quality of life, proximity to the airport, and attractive Real Estate prices make Doral an exciting destination to invest in, especially when compared to homes for sale in Miami neighborhoods.
“Doral is gaining more and more prominence in the Florida Real Estate market, as it is close to Miami and offers luxury condos at extremely attractive prices,” explains Heloisa Arazi, broker and owner of AMG International Realty, specializing in Florida Real Estate. “As an investment, it is one of the regions that I recommend most, due to the high potential for appreciation,” explains Heloisa.
Until the mid-1980s, Doral concentrated a small population of residents. Most of the properties were for investment or used as a second home. The region was lacking in schools, commerce, and parks. It did not take long for the first residents to form a community and work to create the necessary infrastructure. After 20 years, the city was home to more than 10,000 companies, many of them American multinationals. In 2017 it was considered the fastest growing city in South Florida.
For more information about Doral Real Estate visit http://amgintrealty.com/doral-florida-real-estate/. AMG Realty is a luxury brokerage firm specializing in South Florida Real Estate.