Florida Preconstruction Real Estate
Indulge in the luxury of residing in a secure, master-planned community in Orlando, Florida. This exquisite locale offers an array of extravagant amenities and is conveniently situated near popular attractions like Disney World and the shopping and dining options at Posner Park. Additionally, residents enjoy seamless access to transportation and the nearby I-4 and 27 freeways.
Reasons to Invest in Florida
Strong Tourism Industry: It is estimated that more people will visit Orlando in 2017 than the 68 Million who went in 2016.
Affordable Investment: According to the National Association of Realtors®, there has been consistent growth in foreign and domestic investors. While Miami and Southwest Florida are seeing significant increases in housing costs, buyers seeking more affordable options are turning to Orlando.
Strong Appreciation:Â Florida’s real estate market is characterized by various properties at different price points. The state has also experienced a steady uptick in property values, making it an attractive investment opportunity, and according to a report by FortuneBuildersâ„¢, Orlando’s real estate demonstrated an appreciation rate of 12.6% in the second quarter of 2016, surpassing the national average of 4.9%. Over three years, the appreciation rate in Orlando reached an impressive 38.4%, compared to the national average of 17.8%.
Incredible Growth:Â Forbes has ranked Orlando as the third city with the highest job growth potential. The city is swiftly developing and expanding, with new attractions such as the Orlando Eye, SeaLife, and the Orlando Aquarium drawing visitors. Furthermore, Orlando will soon be home to the world’s tallest roller coaster, The Skyscraper.
The Disney Land:Â In January and February 2019, the total value of homes sold in Orange County, Orlando, amounted to $719.8 million. During this period, homes in Orange County sold faster than in Lake and Osceola counties, with an average selling time of 60 days. This was shorter than 65 and 69 days selling times in Lake and Osceola counties, respectively.
Theme Parks Attraction: Attractions like Walt Disney World®, Universal Orlando Resort®, SeaWorld®, Busch Gardens®, and LEGOLAND® are some of the most visited in the world. Orlando offers many shopping opportunities, including Mall at Millenia, Pointe Orlando, International Premium Outlets, and many stores along International Drive.
Florida is a popular vacation destination, drawing in millions of tourists annually. Investing in a property in Florida can allow owners to rent it out to tourists and generate rental income. Additionally, owners can use the property as a vacation home, enjoying the benefits of a warm climate and access to amenities and attractions.