Written by Kelly Sanchez on January 28, 2026
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Doral, which is home to the largest Venezuelan community in the nation, has experienced a slight shift in its residential real estate market following recent developments in Venezuela.
With residences having long sold heavily to Venezuelans, more than 40% of the city’s residents are of Venezuelan origin. The U.S. captured Venezuela’s authoritarian president, Nicolas Maduro, in a military operation in Caracas on Jan. 3. Amid changes in the South American country, Doral’s residential real estate market has slowed down but remains stable.
Yulianna Perez, a broker associate for Invepa Properties, was interviewed in Spanish. She said the residential real estate market in the city continues to be “strong and solid.”
“It’s a market that has changed recently because buying timelines have slowed down, requiring more strategy for both buying and renting,” Ms. Perez said. “Regarding the situation in Venezuela, it certainly has a significant impact, but it’s primarily a matter of time. I don’t believe Doral is experiencing a market decline; it’s simply that the process has slowed down.”
She added that buyers are acting more deliberately by doing their research on potential purchases. This includes reviewing the homeowners association (HOA) balance sheet, which provides insight into a HOA’s financial health, and whether a special assessment – a one-time additional charge that a HOA may impose on its members – is required.
“Doral clearly has a large international community from Venezuela, and I believe that, considering everything that’s happening, the Doral market remains solid, but it now maintains stability and a shift in the timeframe for buying or selling property,” Ms. Perez said. “There has been an exodus from the community, but Doral is strategically located, has good schools and a different lifestyle that still keeps it privileged when considering a property purchase.”