Florida: Real estate on a new high
Florida’s nick name is the “sunshine state”. It is a state in the southeastern United States. Most of the state is a large peninsula with the Gulf of Mexico on its west and the Atlantic Ocean on its east. It has a warm and humid subtropical climate. Florida’s economy relies heavily on tourism. It has been a wonderful vacation spot for decades. It has beaches like Daytona Beach where hundreds of retirees, sun worshippers, bikers and nature lovers come daily. It is highly regarded for its five star experiences.
The future of investment in Florida is bright as it continues to attract thousands of baby boomers, retirees and tourists. In fact Florida real estate is exploding and it will continue to do so for more than 20 years. You will be surprised to know that the population of Florida is expected to increase by 35,000 people per month, for the next 30 years. People pouring into the state are seen as a testimony to the fact that real estate in Florida is booming. So, if you are a big real estate man, then invest your money on land and sit on it for years and one day you will find yourself among the billionaires. Investors should start “land banking”. You should always be an optimist while investing. Let me give you the classic example of Walt Disney who purchased 30,000 acres of land in 1965 in a place called Orlando. At that time, the locals who sold their land went laughing all the way to the bank. And you know Walt Disney gained a lot from this deal.
The reasons for investing in lands are many. The first benefit you will derive if you keep your land with you for some years is increase in the value of land. Then you can construct condos villas or hotels and then sell it off. The reasons for making profits in real estate come from the fact that Florida has 300 plus day of sunshine in a year. It has 1200 to 1800 miles of coast line. Out of the 80 million retiring baby boomers, 42% plan on retiring in the south east sector of the US, with Florida being the number one destination. Moreover there is no state income tax in Florida.
Coming to the point of pre-construction homes, one of the biggest advantages of investing in Florida pre-construction properties like condos, villas or hotels is that you are able to secure your pre-construction opportunity without having to invest a big fortune. In most cases, to reserve your pre-construction investment, you simply have to make a small investment of typically 5% to 20% of the total cost of the property. So investing in pre-construction properties like condos, villas or hotels is highly productive.
To end with it can be said that those investors who want to reap the harvest with both hands should invest lots of money in the booming real estate market of Florida.
Visit for more information at ::Condos for Sale
The future of investment in Florida is bright as it continues to attract thousands of baby boomers, retirees and tourists. In fact Florida real estate is exploding and it will continue to do so for more than 20 years. You will be surprised to know that the population of Florida is expected to increase by 35,000 people per month, for the next 30 years. People pouring into the state are seen as a testimony to the fact that real estate in Florida is booming. So, if you are a big real estate man, then invest your money on land and sit on it for years and one day you will find yourself among the billionaires. Investors should start “land banking”. You should always be an optimist while investing. Let me give you the classic example of Walt Disney who purchased 30,000 acres of land in 1965 in a place called Orlando. At that time, the locals who sold their land went laughing all the way to the bank. And you know Walt Disney gained a lot from this deal.
The reasons for investing in lands are many. The first benefit you will derive if you keep your land with you for some years is increase in the value of land. Then you can construct condos villas or hotels and then sell it off. The reasons for making profits in real estate come from the fact that Florida has 300 plus day of sunshine in a year. It has 1200 to 1800 miles of coast line. Out of the 80 million retiring baby boomers, 42% plan on retiring in the south east sector of the US, with Florida being the number one destination. Moreover there is no state income tax in Florida.
Coming to the point of pre-construction homes, one of the biggest advantages of investing in Florida pre-construction properties like condos, villas or hotels is that you are able to secure your pre-construction opportunity without having to invest a big fortune. In most cases, to reserve your pre-construction investment, you simply have to make a small investment of typically 5% to 20% of the total cost of the property. So investing in pre-construction properties like condos, villas or hotels is highly productive.
To end with it can be said that those investors who want to reap the harvest with both hands should invest lots of money in the booming real estate market of Florida.
Visit for more information at ::Condos for Sale
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Source: http://www.articlealley.com/article_127846_33.html
Source: http://www.articlealley.com/article_127846_33.html
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