We provide sales and other services for Real Estate in the Orlando Florida area. Call us today or fill out a contact form and one of our Real Estate experts will assist you with any enquiries.
News Letter:- June 2010
The entire investment market in the Disney area seems to be buzzing again and people from all round the world are taking advantage of the weak dollar and the property prices. Buyers are still finding rock bottom prices with bank owned and short sale properties.
There are plenty more properties available, so the prices aren’t expected to go up at all in the next 6 months, so still time to join the thousands of other buyers out there. Compared to this time last year the activity in the Disney area housing market is showing a substantial improvement and we’re finding our customers deals that will certainly prove a wise investment in the next few years to come.
Rentals in the villas zoned for short term are also up this year but mainly consist of people leaving their vacations until the last minute.
Feel free to call for a no commitment consultation with one of our real estate professionals who can assist with sales, management, rentals and even mortgages. Foreign investors are continuing to have problems obtaining mortgages and when this problem changes, the demand for real estate here will grow, but cash buyers are continuing to have a field day.
Call or email our team based in Clermont, Florida now, who specialize in rental investment property in Central Florida for a consultation and establish if this is an investment for you.
Lloyd Hart
President - Florida Estates
Our prices currently start at just under $100,000 to buy a property in Florida. To see a selection of our latest properties, click on the link at the top of the page. Alternatively, tell us what your looking for, and your set budget and we will endeavor to find it for you.
Why move to Florida?
FLORIDA IS REWARDING BUYERS WITH A strong rate of annual capital appreciation,while promising a good potential income from a tried and tested rental market. Soaring visitor figures and a burgeoning second home market are proof that Britain's long standing love affair with Florida is as passionate as ever, especially in the Orlando region where the lure of The Disney Magic reigns supreme. Visitors in need of R&R will find Florida oh-so relaxing, while those seeking roller coaster thrills and spills will soon discover some of the finest theme parks on the planet.
Why Florida?
Florida's glorious year round weather is as warm as its people, and more than 50,000 British homeowners have now joined the local population of 17 million and are reaping the rewards of a savvy Sunshine State investment. Tourist figures are generally a good indication of the vitality of a real estate market and in Florida visitors to the central 11 tourist corridor are tipped to hit 49 million in 2006.Visitors to Orlando and Central Florida account for 35 per cent of the total US visitors arrivals. Average house prices here have soared past the $200,000 mark for the first time in history: the 24 per cent rise in a 12 month period represents an average increase of $40,000 and a hike of more than 87 per cent in just five years.
Where to buy?
Orlando remains by far the most popular holiday destination in Florida thanks to a range of world class tourist facilities, restaurants and magic castles. Miami and the Everglades follow with 16.8 per cent of the overall market, while Tampa and St Petersburg represent the third most popular destination within Florida, with 12.3 per cent of the market, up from 11.9 per cent in 2003. Other key areas include the white sand beaches of Sarasota, the southwestern Gulf coastline and the quirky tropical archipelago, the Florida Keys.
Properties in Orlando have risen 30 per cent in value on average since January 2004, mirroring Central Florida's trend in tourism and inward investment. Many foreign buyers choose new-build homes over a resale, with the aim of maximizing rental appeal.They also try to find houses as close as possible to Orlando's major tourist attractions and within easy reach of the newly expanded international airport. Many seek a close proximity to amenities that will drive up the return on their investment, a factor that has seen Florida spawn several popular self-styled "resort communities" over the last two or three years. These offer buyers (and their rental customers) a range of first class on site facilities such as basketball and tennis courts, swimming pools, spa and health facilities, restaurants and bars (sometimes with hotel~style room service) playgrounds, picnic areas, private beaches and 24 hour security. More and more are centered on championship golf courses with landscaped grounds and gardens, and are of a standard comparable to a five star hotel. Prices come with a premium but its rent ability is often optimized thanks to a package of amenities that is second to none.
What can you get for your money?
A prime example of a resort community in the Orlando area is the Peunion Resort and Club, located on 2,300 acres in Osceola County, immediately south of Celebration and just 15 minutes from Disney World. Recreation facilities include three signature golf courses, while other amenities include shops, a spa and fitness centre, tennis courts, fishing lakes and riding stables. Prices start in the late $200,000s for a condominium and in the mid $300,000s for a villa, both of which are eligible for the year round rental scheme. Other resort communities in Orlando include Legacy Pad where a deluxe pool home with three to five bedrooms is priced from $381,990, as well as Sandy Ridge, where a similar villa costs $400,000.
Miami means business
Although the salsa city of Miami once epitomized the seedier side of Florida, today a New York style clean-up has freed the city from a reputation that almost brought about its demise. A skyscape of palm-edged plazas, beach-front cafes and swish high-rise apartments overlook a slick business district that is quickly becoming one of Miami's most desirable buy to let locations.
Sleek, stylish and with dazzling river views Brickell on the River is one of Miami's latest high, rise condominium projects. Located in the business area of the city looking out onto Key Biscayne, the development comprises a range of apartments priced from the mid $300,000s. Elsewhere in the business district, a two bedroom, two bathroom resale condo with striking waterfront views is priced at $699,000.
Sarasota and the Keys
North of Naples along the Gulf Coast is the pretty coastal city of Sarasota, renowned for its pristine white sandy beaches and immaculate streets. The city has a genteel character enhanced by large expanses of water dotted with flotiflas of boats. It's famed for its theatre, opera and artisans and is the self-proclaimed "Cultural Capital of Florida" staging hundreds of performances and concerts as well as an annual International Film Festival. Property prices in Sarasota have risen sharply since 2000 and achieved an annual growth of 32 per cent in 2004. In February 2005 an average family home cost $330,000, compared to $230,000 12 months earlier. Few communities allow short-term rental but some allow longer term leasing. In Siesta Beach these three month lets are popular with a Canadian "snowbird" crowd, who return to Sarasota each year to avoid their own harsh native winters. Two bedroom condos in Siesta Beach can cost anything from $250,000 and can command peak weekly rental rates of $4,000 per week. Expect to pay $419,500 for a four bedroom, three bathroom home on the Lakewood Panch development in Bradenton, and anything up to $20 million for a waterfront pad on the exclusive Bird Key.
There is more sought after real estate in the Florida Keys, where palm-fringed beaches and the 220 mile long coral reef inspire house hunters to settle in an area famed for its congeniality and eccentricity. The islanders fish, sail and hang out in bars or hammocks all day. Even sky-high property prices (combined with a higher than average cost living) don't dampen the appeal. A four bedroom, two bathroom home in Key West's Truman Street will set you back at least $3.5 million, yet holiday rentals can easily command up to $1,000 in rental per night for the right place, at the right time, making buy to let properties feel rather stylish.
10 Reasons to Buy in Florida
| 1. Its the most popular holiday destination in the world, boasting some 360 days of sunshine. |
| 2. Florida has a good year round rental potential with tourists flocking to some of the finest theme parks and attractions on the planet. |
| 3. Florida currently has 1750 |
| 4. A beach is never more than 60 miles away |
| 5. The cost of living is lower than the UK, and eating out is very good value. |
| 6. Florida is English speaking with similar social values to that of the UK |
| 7. There are numerous British Expatriate communities living in Florida. |
| 8. Florida has hundreds of British pubs, tearooms and specialist grocery stores. Plus Golf in Florida is amazing! |
| 9. Flights to Florida are frequent from a number of UK airports. |
| 10. A weak dollar means British buyers get a lot of property for their £££'s |
Further information on renting villas in the Disneyland area in Orlando can be found here.