Orlando

Orlando Information

Consider Orlando as your location if you are thinking of buying investment property abroad. The Florida sunshine is very attractive to many UK investors and this has led to a boom of British residents buying holiday and retirement homes in this state. With 300 days of sunshine a year and an average temperature of 21° C. you can have your own private retreat to escape the colder northern climate. In less than a day, you can travel across the Atlantic and bask in the warmth of Orlando's sights and sounds.

Orlando boasts one of the hottest housing markets in the world. The prices are undervalued by about 30% when compared to the real estate market in the rest of the United States and the city is geographically located in the heart of Florida. It is the tourism capital of the state with its world-class beaches, theme parks, shopping centres and social activities. The real estate appreciation rate rose by 44% in 2005 and the potential for realizing profits in the rental market are substantially higher than that.

Some of the major attractions that make Orlando the place to be when you want to buy a holiday home include the Walt Disney theme park, Universal Studios and Sea World. When you combine these attractions with the pristine sandy beaches and mega shopping opportunities, it is easy to see why this is one of the most popular holiday destinations in the world. The exceptional network of roads and Interstate highways gives you access to all parts of Florida in very little time.

Orlando offers you world-class hospitality and with over 207 golf courses, it is little wonder that it has been called the Golf Capital of the World. There are more than 800 tennis courts and over 4500 restaurants. It is a boater's paradise with a wealth of water sports, such as fishing, sailing, diving. Florida has the highest concentration of lakes in the continental US. From rodeos to art festivals, there are almost 200 annual events taking places here.

With the decreasing American dollar, both the Euro and the British pound give you more purchasing power for all aspects of buying in Orlando. The prices of homes and apartments are reasonable and are probably inexpensive by UK standards. Foreigners can take out a mortgage from US banks and at the present time, the interest rates are at an all-time low. There is a compelling supply and demand in the housing market meaning that you will easily recognize a substantial return on your investment if you decide to sell at some point in the future.

A new home in Orlando could be yours with a downpayment of as little as $5000 US. Depending on your budget and your real estate needs, you can save a tremendous amount of money if you buy one of the properties known as "fixer-uppers". These properties need some work, but if you are able to do your own carpenter work, it makes a wonderful investment. You can take advantage of the wonderful weather, sales on material to make the home into your own dream retreat for very little cost above the purchase price.

Buying a home in Orlando is no different than the process that you go through in the UK. At Investment Homes Abroad, we can help you with every step of the process from the time you select the property until you sign the final papers.

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