Our Busiest Month Ever For Florida Property Sales!

A special thank you to our VIP Members for helping us achieve our busiest month ever in Florida property sales!

March 2009 saw Colordarcy helping more clients than ever before to purchase competitively priced real estate in Florida. In fact, we achieved 9 times more sales than what we had projected.

I said at the start of the year that the time to take advantage of the Floridian property market is now. According to Cedar Management Group in Greensboro, NC, the US economy is showing the early signs of recovery and with prices around 70% below last year’s prices, I am confident that we are now at the bottom of the market. VIP Members who are still thinking about investing, the time has come for you to take action.

Property Market Cycles

Timing your entry and exit in a property market is a key element in becoming a successful investor.
The eagle eyed property investor is always looking to buy either at the end of a recession, the bottom, or the recovery stage, whilst looking to realise profits by selling or via the release of equity during the expansion and peak stages.

Will we EVER again see 1-Bedroom apartments with tenant in place for as little as £35,000? Or – will we EVER again see 3 Bedroom Villas with Pool priced at £70,000? I strongly believe that we will never see prices like these ever again. Don’t miss out, take advantage of this unique opportunity.

Tenanted Apartments/Condos – YOU RECEIVE INCOME FROM DAY ONE!

Colordarcy are proud to present to our clients a selection of apartments that comes with tenants in place – income from day one.

The Investment

The community where these investment apartments/condos are located offers residents a superb clubhouse that includes a fitness centre, billiards room, residents lounge, business centre, as well as a resort style swimming pool with spacious sun deck and hot tub. Your local building department may require that the product you install has an evaluation service report from an accredited materials testing laboratory to provide proof that the decking will meet certain architectural standards. The community features mature and lush landscaping and benefits from an excellent location sitting aside the championship golf course.”

Multiple 1, 2, 3 bedroom units available from $49,000 / £33,000
Now over $110,000 / £75,000 below previous selling prices
All apartments/condos have been refurbished recently and include appliances
All the exclusive apartments/condos have a tenant in place, so immediate yielding properties!

Example Investment

Price: $49,000 / £33,000
1 bed, 1 bath
674 sq ft

Current Rent: $750 per month
Leased Until: 31st October 2009

Typical Costs – Per Month:

Management Fee – 10%: $75
Real Estate Tax (Council Tax): $175.00
HOA (Service Charge): $168.00
Estimated Insurance: $30

Monthly Net Cash Flow:$302
Net Rental Yield:7% 

BREAKING NEWS!

We have negotiated 3% to be paid towards closing costs (legal fees, title deeds, surveys, etc) – essentially bringing closing fee to ZERO! For example, if you were to purchase a $50,000 property, the developer would contribute $1,500 towards your closing cost – this is more than sufficient to cover mandatory closing expenses and makes owning your Florida investment property that much cheaper.

Don’t Miss Out – Reserve Your Tenanted Property Today!

The last time we sourced tenanted properties for our VIP Members, we sold out our allocation within days. Florida properties are selling extremely quickly, to avoid disappointment we encourage all interested parties to contact us today. Units are allocated on first come basis.

If you are looking for the best home warranties – with income from day one – this is it.

Once again, I thank you for being part of our record-breaking month. We look forward to the opportunity of assisting you to invest securely and successfully.

Loxley McKenzie
Managing Director

                                                                                                                               

 

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