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Florida Property Investment Up as Buyers Spot Fool-Proof Opportunities
December 5, 2009Article by Ray Withers
Florida property investment is at higher levels now than before the crunch, international property investment consultancy Property Frontiers have announced. The firm said that the abundance of bargain properties with incredible rental potential are perfect for the growing numbers in the new-wave of buy to let landlords, who are currently most active in buying overseas property.
Ben Jeffries, a sourcing manager with the firm said:
Before the crunch, Florida property was primarily the focus of lifestyle buyers, investment was mostly a secondly consideration. Anyone who did make a Florida property investment on a buy to let basis has had a very rough few months.
“But now, as buy to let makes a resurgence around the world, Florida property investment is most definitely on the up as bargain properties in the resort capital of the world become a combination capable of bringing world-beating rental yields to investors.”
Jeffries mentioned the Grand Oasis development as have exceptional potential as a buy to let property.
Jeffries is right, Grand Oasis offers studio, 1 and 2 bedroom condos in the famed and acclaimed Tampa district of Florida, for the 70% discounted prices of £26k, £30k and £40k respectively. Those prices make 10% rental yields possible. This gives buyers an excellent monthly income, as well the potential to generate 100% return on capital investment.
Grande Oasis offers its owners and tenants and unrivalled array of facilities. As well as the beautiful 7 acre lake and nature areas, there are three swimming pools, three tennis courts, two fitness centres, a putting green, a laundry and an onsite chef who cooks daily for residents who wish to pick a meal up on their way home. Grande Oasis also offers 24 hour gated access manned by courteous onsite personnel.
Each condo has recently been painted, had new carpets fitted and comes with added touches like ceiling fans. Appliances including cooker, fridge / freezer and dishwasher are also included in the price. Every condo also benefits from its own private balcony.
“When you’re getting luxury condos, completed and refurbished in a world renowned location like Tampa at a 70% discount; it really is the definition of a fool-proof buy to let or capital investment,” Jeffries concluded.
For more information contact Property Frontiers on +44 (0) 1865 202700.