There are many elements to consider ensuring you make the best investment decision. Do you want a holiday home, investment property or a combination of both? If you are looking for a property to use for family holidays think about the type of vacations you typically enjoy. Do you want to be close to the beach? Within driving distance of Disney or other popular leisure resorts? How many bedrooms will you need?
If you are buying a property in Florida as an investment, you may well decide to rent it out long term. This offers ongoing monthly income, and less management – but means you probably won’t be able to use it yourself for holidays. Alternatively, you can offer your property as a short-term or holiday rental and enjoy a greater degree of flexibility for your own usage.
Sourcing the right property
Once you have a clear idea of the type of property you want, it’s time to consider specific locations and their properties. This is often the most exciting part of the process and it is great to explore all of your options. However, it is important to stay focused on your goals! If you are looking for a holiday home, does it meet your needs? If you are buying property in Florida as an investment, what is its yield or resale potential?
Once you have a clear idea of the type of property you want, it’s time to consider specific locations and their properties.
Location, Location, Location
Florida has numerous worldwide-recognised cities. Orlando trumps all the other locations due to the enormous tourist industry and being the world’s number 1 tourist destination. There are more developments than ever in Central Florida; from resort style communities to local schools, hospitals and growing business districts.
Expert advice at no cost
Now is the ideal time to get in touch with Luker Properties Group to discuss your goals. As Certified International Property Specialists (CIPS), they have helped hundreds of clients buy properties and are knowledgeable about all locations and options available to you. For more information on the Florida property market, or to discuss your property requirements, click here and get in touch