Amenities:

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  Spa

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  Pool

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  Internet

Overview

Colordarcy are proud to present to you this stunning development at over $200,000 below 2008 prices. Flora Ridge is superbly located and the developer have reduced price lower than build cost, in order to sell these units within the next 14 days. We encourage all interest parties to contact us today.

Like our previous SPECIAL OFFERS - this development will be snapped up quickly, only 22 tenanted units remaining!

This super development is priced at its lowest ever price and it is very well positioned to benefit from strong rentals through an established management company, as well as capital appreciation over the medium to long term.

This is a great opportunity to benefit from the lowest pricing offered.

About Flora Ridge

Flora Ridge is a stunning gated condo/apartment community based around a small lake and large community pool. Colordarcy have negotiated a selection of highly discounted units, therefore you can purchase this property at over $200k less than 2008 prices.

Most of the available and discounted units come with tenant in place, as such; you will receive income from day one - no void periods!

We have also negotiated for the developer to pay two years HOA/Service Charge, this allows the investor to generate net yields of over 8%. Investors can expect to generate an impressive $19,200 net profit on years 1 and 2.

The development is made up of 3 bedroom, 2 bathroom condos ranging in size from 1,433 sq ft to 1,779 sq ft, many with upgrades, prime views and a selection with tenants in place.  There is a large community pool, lush landscaped gardens and walking trails.

Flora Ridge is located minutes from the I4 offering easy access to the rest of Florida.  Disney is 7 miles away, downtown Orlando 20 miles, and Orlando International Airport is just 25 minutes drive.  The Loop is Orlando's newest shopping and entertainment area and offers dozens of shops, restaurants, bars and a cinema complex and is within walking distance.

Based in the Kissimmee / Lake Buena Vista area which is a popular and wealthy suburb in south west Orlando. It is a charming and distinctive area and part of one of the world's best known tourist destinations. It is also a great place to live, raise a family, and to do business.

Naturally, units offering the best views/location are snapped up first so we encourage all interested parties to call or email us today!

Tenant Ready

There are several condos / apartments that the developer has leased to long-term tenants. Colordarcy clients can purchase these units and take over the lease agreement and tenancy. Our rental management team will handle this process for you.

These tenanted apartments are ideal for clients looking for investment with an immediate return as they provide a fixed income in return for the client not being able to use their condo / apartment for a few months.

2 Years HOA Fees (service charge) Paid By Developer

Property owners in Florida are required to pay an HOA Fee or Service Charge for the upkeep of the community features, like pool, courts, communal areas, gym, landscape, etc. These fees usually range from $250 to $400 per month.

Colordarcy have negotiated for the developer to pay the HOA Fees/Service Charges applicable to Flora Ridge - for the first two years of ownership, saving the investor in the region of $10,000 and leaving more cash in the investor's pocket.

Example Investment - Long Term - Tenanted Buy-to-Let

Location

Flora Ridge is located walking distance / ½ mile from The Loop shopping centre - Orlando's newest shopping area (30+ stores, multi screen cinema, 10 restaurants). Only 7 miles to Disney World and within minutes to I4, Turnpike, Greenway (airport toll road), and situated just off Osceola Parkway

SPECIAL INCENTIVE!

We have negotiated for the developer to pay two years HOA/Service charges, a saving the investor $10k and generating superior yields for the investor. This is one of the best opportunities in Florida today and makes owning your Florida investment property that much cheaper.

Purchase Process

1. Client identifies unit they would like to purchase and reservation form is completed
2. Client wires reservation deposit of $5k directly to the Title Company's secure Escrow account.
3. Purchase Agreement will be emailed to the client for their review & signature. This is then returned to the USA
4. Title Company prepare final documentation which will be sent by courier to the client circa 2 weeks after the initial Purchase Agreement is returned
5. Some of these documents will be time sensitive and will need to be notarized. Client then signs / initials all and returns to the USA
6. Client wires the remaining balance to Title Company's secure Escrow account
7. Property closes - client owns the unit

Don't Miss Out - Call or Email Us Today!

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.

Property prices in Florida are starting to increase and properties are selling quickly, to avoid disappointment we encourage all interested parties to call or email us today to reserve your property. Units are allocated on first come basis. The time to secure your Florida property investment is NOW!

If you are looking for a hassle free property - with tenant in place and income from day one - this is it.

Currency Disclaimer: Sterling, Euro and US Dollar guide prices are liable to currency fluctuations

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