If you are looking to invest in a property abroad then a Florida holiday home will provide you with the perfect opportunity. As one of the greatest holiday destinations in the world there has been a huge growth in the popularity of villas in the Sunshine State.
There are so many advantages of getting a Florida holiday home which makes it a worthwhile investment and is the reason why it is attracting so much attention from overseas property buyers. The UK currently holds a 26 year high against the US dollar which means that the market conditions for Florida property are particularly good, especially if you are a buyer. One of the reasons for such a strong market has been the increase in the number of properties available for sale.
With so many people now wanting a Florida holiday home the number of properties registered for sale has gone from 2,500 in March 2005 to 23,500 in March 2007. Purchasers are now able to get far more property for their money because of the exchange rate which makes it cheaper and a more worthwhile investment. These investment opportunities have tempted not only experienced, confident investors but more cautious investors who take a risk due to the performance of the US dollar.
One of the major benefits of having a Florida holiday home is the fact that you are close to one of the biggest tourist attractions in the world. In a list of the top 10 theme parks in the whole world in 2006, Disney hold four of those positions including the top two. The total number of tourists Disney World attracts in just that list alone is 45.11 million a year which is a massive potential when it comes to renting out your holiday home. Regardless of whether you decide to keep your property as a private family home or whether to rent it out when you’re not there you are at a massive advantage having Disney World close by.
You are also reassured that Florida has a constant stream of visitors all year round. It’s not a place that has peak seasons so you know that if you rent your home you should have visitors any time of the year. With popular resorts such as Tampa Bay and Malibu you know that your Florida holiday home will be in constant use all year round.
Image owned by: Christian Bachellier. Taken from: http://www.flickr.com