Broker: Chinese Are Now Third Biggest Buyers Of Condos At Paramount (Updated)

The number of Chinese buyers in the Miami condo market continues to grow, according to Forbes.

Peggy Fucci, CEO of OneWorld Properties, said that Chinese are now the third biggest condo buyers at Paramount Miami Worldcenter. Those rankings have traditionally been dominated by South American countries.

Fucci said that Chinese view Miami as the Hong Kong of the West, and her firm is now opening a permanent office in Shanghai.

OneWorld is overseeing sales at Paramount Miami Worldcenter.

 

Update: Fucci says that Chinese are the third biggest buyers at Paramount, not the entire Miami condo market.