Why Does it Worth to Purchase a Property in Florida?
Florida’s conditions magnet visitors
In 2019, more than 145 million people visited one of the most vital states of the USA, Florida – showing continuous growth for many years! (In 2018, 105 million visited Orlando itself from the total 129 Million visitors of Florida).
The Sunshine State is a paradise for residents and visitors alike. Its climate, its nature, and major attractions – Disney, NASA, NASCAR, Daytona 500 etc., – 825 miles ( 1327km) usable, sandy beaches ( Florida Department of Environmental Protection, Feb. 10, 2020), 1197 miles ( 1926 km) shorelines (according to the Florida Public Service Commission), and its islands give Florida its advantages.
It is a wonderful destination, a beautiful location for beach weddings and honeymoons throughout the year. Friends and multi-generational families spend their vacations and holidays here in the Sunshine State. National and international conferences also chose Florida for their venue. Professional sports players practice here for weeks. Additionally, for the love and sake of sports, the spectators come here from all over the world and rent or purchase properties near the sport fields. Florida is also home to golf, with over 1100 golf courses – most in a natural environment.
High need for short-term rental properties
Visitors need a place to stay for a few days, weeks, or even for half a year. Where? In hotels? It is doable. However, in many cases, breakfast and laundry are necessary during a more extended stay, and possibly one hotel room does not satisfy all the needs. It is more practical and financially more beneficial to use a fully equipped home, perhaps with a private pool. Companies do the management and maintenance of the properties without the owner’s work or presence.
Renting properties for short term with hotel-like maintenance, resort-style private condos, townhouses, or even eight-bedroom houses is needed and liked. Also, there are comfortable condo hotels.
Long-term rent also needed
Florida’s residents often move for a changing job, schools, needed and missing features of homes etc. Many people prefer flexibility and comfort and maintenance-free living, even for years.
A company/firm can own a property. Would you like to know more? Contact us!
Extending the portfolio
It is more difficult for investors to find those safe solutions that make their money safe and grow in value. Investors select things into their portfolios based on individual considerations. Increasing the portfolio with a USA, Florida property has many advantages, among others: safety, predictability, and producing a steady income.
Leverage: Optimizing capital
The goal is to earn the highest profit using the least amount of cash. The property will generate the mortgage. How? Contact us!
Valuable Investment and Increasing Value
The annual average property value increase is around 6%, and at the more frequent places 8-12%. Florida is continuously changing; its population is increasing.
The Florida Lifestyle
Florida provides a unique lifestyle. Myriad of outdoor activities are available for all ages and satisfy various interests every day. People can relax, play sports, attend a concert outside, cook and bake in the outdoor kitchen. While others work inside in a heated room on their computer, it is feasible by the pool, among colorful flowers, and at the beach in Florida!