Florida Property a Veritable Banquet of Bargains

The Florida property market is currently awash with fantastic bargain holiday homes and investment opportunities, in relational terms it is to overseas property what Marks and Spencer is to Great British retail – high quality but affordable.

Take the Village at Town Centre> development in downtown Orlando offering 2 bedroom condos from £45,000. Now, as most of you will know Florida and Orlando rentals are zonal; with zones for residential letting and zones for holiday letting. Well, the Village at Town Centre is uniquely zoned allowing owners to rent it out however they please.

This means it can be purchased as nothing more than a holiday home, a holiday home investment or a pure investment property to be let on the residential market place. In fact the properties are also being sold with tenants in place, making for an easily measured 8% to 10% net yield.

The Village is a fully equipped resort complete with pools, sauna and gym, and not only is it in range of all amenities including shops, supermarkets, malls, pubs, and restaurants, but Disney World and the new Wizarding World of Harry Potter are also nearby. The hardest thing is choosing whether to buy as a holiday home or as an investment.

There is also the Venetian Place development offering tenanted 1 bedroom apartments in Orlando from just £33,000. Again, because the apartments are tenanted the yield can be measured, and on Venetian place apartments the yields range from 8.5% – 10.5%. Contact Colordarcy today to find out more.