Florida a Top Retirement Spot, Build Retirement Fund with Florida Property

Florida has been voted the second best place in the world for retirement by the Telegraph, in its recent look at the top 10 destinations for retirement, the report said:

“You would not wish retirement in some parts of Florida on your worst enemy, but it is an enormous state, with some classy enclaves, particularly on the Gulf of Mexico. Weather-wise, the Sunshine State is as good as its word. And, while the cost of medical care in the US is higher than in Britain, it is more than offset by the lower cost of living.”

While we don’t deny the retirement benefits of Florida, our current range of properties is more aimed at building a retirement fund.

We are an investment focussed company, the massive number of discounted properties in Florida present a fantastic investment opportunity, and so our properties in Florida are primarily investment properties.

In fact, all our current properties for sale in Florida (those not already sold out) are tenanted opportunities — properties sold and purchased with tenants in place. These are excellent investments, because there is no need to make projections as to what kind of yield you can make, the figures are all there for a precise calculation.

Take the Mosaic at Millenia development in Orlando, which offers a 1 bedroom luxury apartment, with long term tenants in place from £41,500, yielding 5% to 7%.

Slightly more expensive is the Village at Town Centre development, offering luxury apartment with tenants in place, but this time yielding 8% to 10% and with a 3 year rental guarantee from £46,500.