Florida is a popular choice for buying property abroad. Year round good weather and plenty of facilities are attracting record numbers of buyers, in particular from the UK. Low house prices and a favourable exchange rate currently make Florida a property hot spot.
As well as the theme parks Florida has non-stop night life, plenty of shopping, top restaurants and sport facilities. Top areas for foreign property investors in Florida include Orlando, Lake Buena Vista, Kissimee, Winter Park, and Altamonte Springs.
Winter weather in Florida is warmer than in Spain or Portugal with temperatures of between 15C and 27C making Florida an attractive investment opportunity for the buy to let market.
Our top tip is to buy a property in Florida with access to a golf course and swimming pool and within an hour of an airport. Florida property should also be close to a major tourist attraction or the beach. Follow this advice to achieve maximum rental income and capital appreciation. Most investors choose Florida property near Orlando or near the coast.
Florida is definately one of the best locations for overseas property investment. Year round sunshine, top theme parks, beautiful beaches, good food, shopping and night life make Florida an ideal location. Property appreciation of 40% per year has been achieved in Florida. The number of US residents is increasing and the number of foreign visitors is rising both of which benefit the property and rental market.
Another advantage to buying your overseas property in Florida is that they speak English making the whole process of conveyancing that much simpler.