Friday, February 28, 2014

Investing in Florida Orlando , the new Eldorado ?

The City Beautiful : this is the nickname given to Orlando, city of a hundred lakes and orange groves deemed , capital of Orange County , the heart of Florida.

A city that attracts 58 million visitors a year thanks to Disneyworld, water parks and 200 golf courses , among others. Business center booming with four airports, a convention center that displays full for the next twenty years , a leading university and diversified activities , Orlando still has great potential. The city has everything to attract real estate investors in Miami as a more affordable sector booming .

Affordable investment
French investors have good reasons for wanting to diversify their assets or investment on their behalf, or by making a rental investment a very attractive net profitability is a very investor-friendly taxation in the United States . This investment is affordable because it first has a strong euro against the dollar (1.56 ) that acquires , for example, a house three rooms, with excellent benefits, from 160,000 euros in a residence near access roads , shops and all amenities . Solidly built , with anticyclonic standards , individual or semi-detached houses supplied are guaranteed ten years and are ready to live, sometimes furnished with landscaped garden, kitchen, etc. . To finance this acquisition, the input required is the minimum of 30%. The surplus can be financed by a loan on-site from 25 to 30 years. In this case, a mortgage guarantee is made on the acquired property . In Florida, all expenses are borne by the seller, the purchaser's expense are those of the mortgage.

Rental flexibility
Several options are possible. Rent long term this is the best return on investment. Rents cover the repayment of the loan . The rent, furnished, allows higher rental income - which are also random and the purchaser may schedule an occupation. The short-term rental allows to occupy the property but occasionally requires a higher investment and the need to obtain a hotel license. Such investment needs to be aware of the tax treaty between the two countries . It is better to be accompanied by a specialized agency , with all the guarantees to mount such a project , which will monitor management seamlessly through its representative on site.

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