South Florida property
View all properties in South Florida
When overseas property buyers consider buying property in America they most often think of Florida, nicknamed ‘the sunshine state’.
Apart from being a popular destination for American re-locators, holiday makers and retirees, it is also a favourite amongst British overseas property buyers. Of the state’s 76 million visitors in 2005, the British were the largest single overseas nationality with some 4.3 million choosing travel there.
Investment property Orlando
Florida property is a popular choice with UK investment and lifestyle buyers because of the language, great weather, value-for-money and lifestyle. For many Florida equalled Orlando, but now overseas property buyers are travelling further into the State and taking advantage of the wide array of beach property, and golf property.
In recent years Florida property, in common with the rest of the USA, has experience unprecedented levels of capital growth. The National Association of Realtors showed that six of the ten fastest appreciating areas in the country are located in Florida. Florida property has witnessed staggering 42% capital growth 2005 alone.
Florida property management
When considering buying property in Florida an important and often over-looked aspect is zoning. It is important to find out what type of zone your property is in and any restrictions that may apply.
Condo Hotels
Condo hotels carry no such restrictions and are very popular with investors and lifestyle buyers alike. It is important that you get advice in choosing in right type of Condo hotel in this highly competitive sector. More information about this type of property ownership can be viewed our Condo hotel section.
The recent phenomenal growth rates Florida property has experienced will not continue. However, it would be incorrect to say that there will be a ‘bubble burst’ effect; instead Florida property buyers should expect to see a more stable rate of growth. The key aspect is that demand is still exceeding supply and that the current high value of the pound against the dollar has made Florida property even better value than normal.
Population : 298,444,215 (July 2006 est.)
Capital : Washington, DC
Language : English, Spanish
Currency : US Dollar
Dialing Code : +1
International Airports : Albuquerque, Atlanta, Austin-Bergstrom, Boston, Chicago Midway, Chicago O'Hare, Dallas-Fort Worth, Dallas Love Field, Denver Sharman, Detroit Metro, Houston Intercontinental, Las Vegas, Los Angeles, Miami, Minneapolis-St Paul, Newark, New Orleans, New York Kennedy, New York La Guardia, Orlando, Philadelphia, Phoenix, Portland, St Louis, Salt Lake City, San Francisco, Seattle-Tacoma, Washington Dulles, Washington National
