text:
To embed, copy and paste the code into your website or blog:
This article explores the potential investment opportunities available to UK-based investors within the Florida real estate market. It is written by a representative of Harworth Estates as a guest post by a Florida real estate expert.
Why Florida?
For many years, Florida has been a key part of the UK tourism industry, in terms of getting many Britons onto the aeroplane and visiting that part of the United States. Alongside this, the state has been one of the primary destinations for UK residents looking to emigrate to the US, as many get a taste for the lifestyle on offer in that part of the world.
A number of years ago, there were large swathes of investment into Florida, particularly the Orlando area, from UK based investors. Currently, real estate prices in Florida are at a low, meaning that there is now an excellent opportunity for further investment in the area. Given the close association Florida has with the UK, there are definitely profitable investments to be made by those looking to either begin or expand their property portfolio.
What To Buy
What is unique about the current situation in Florida is that the real estate prices have dropped in many areas. From an investment perspective, a real focus on residential properties and developments is much likely to deliver equitable returns over a longer-term period. In this part of the world, the beauty is that a residential property can be bought simply to sell on, or to be used as a holiday villa for use by tourists. For the UK investor, this provides a simple vehicle for developing a consistent revenue stream from their investment into Florida's residential property market. In an environment where more and more individuals are seeking alternatives to traditional package holidays offered by tourism companies, being able to offer a trustworthy, domestic business proposition with regards to a holiday across the Atlantic will be extremely attractive to many holidaymakers.
While the residential market is the biggest opportunity currently in Florida, there is also potential in commercial property across the state, so wherever your business and investment interests lie, there is likely to be a gap in the market on which you can capitalise.
Marketing Your Property
Let's face it, this is Florida we're talking about, so anyone in the UK looking to holiday there knows what it is about. What you need to consider is how you intend to market your property, whether for sale or for rent as a tourist option. The biggest factor influencing this will be the location, so it is imperative you know where you want to buy. Do your research and ask yourself honestly if it works. The property in Cape Coral may look great, but if your target market want to visit Orlando, is the three hour journey likely to encourage them to do business with you?
I think we both know the answer to that!!
This article is a guest post from Harworth Estates. Harworth Estates are one of the largest landowners in the UK with access to over 30,000 acres of land. They provide residential and commercial properties for sale, industrial units, offices and development land.
See more
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
© Rosa Eckstein Schechter, Eckstein Schechter Law
Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
Sign up to create your digest using LinkedIn*
JD Supra provides users with access to its legal industry publishing services (the "Service") through its website (the "Website") as well as through other sources. Our policies with regard to data collection and use of personal information of users of the Service, regardless of the manner in which users access the Service, and visitors to the Website are set forth in this statement ("Policy"). By using the Service, you signify your acceptance of this Policy.
JD Supra collects users' names, companies, titles, e-mail address and industry. JD Supra also tracks the pages that users visit, logs IP addresses and aggregates non-personally identifiable user data and browser type. This data is gathered using cookies and other technologies.
The information and data collected is used to authenticate users and to send notifications relating to the Service, including email alerts to which users have subscribed; to manage the Service and Website, to improve the Service and to customize the user's experience. This information is also provided to the authors of the content to give them insight into their readership and help them to improve their content, so that it is most useful for our users.
JD Supra does not sell, rent or otherwise provide your details to third parties, other than to the authors of the content on JD Supra.
If you prefer not to enable cookies, you may change your browser settings to disable cookies; however, please note that rejecting cookies while visiting the Website may result in certain parts of the Website not operating correctly or as efficiently as if cookies were allowed.
Users who opt in to receive emails may choose to no longer receive e-mail updates and newsletters by selecting the "opt-out of future email" option in the email they receive from JD Supra or in their JD Supra account management screen.
JD Supra takes reasonable precautions to insure that user information is kept private. We restrict access to user information to those individuals who reasonably need access to perform their job functions, such as our third party email service, customer service personnel and technical staff. However, please note that no method of transmitting or storing data is completely secure and we cannot guarantee the security of user information. Unauthorized entry or use, hardware or software failure, and other factors may compromise the security of user information at any time.
If you have reason to believe that your interaction with us is no longer secure, you must immediately notify us of the problem by contacting us at email@example.com. In the unlikely event that we believe that the security of your user information in our possession or control may have been compromised, we may seek to notify you of that development and, if so, will endeavor to do so as promptly as practicable under the circumstances.
Except as otherwise described in this privacy statement, JD Supra will not disclose personal information to any third party unless we believe that disclosure is necessary to: (1) comply with applicable laws; (2) respond to governmental inquiries or requests; (3) comply with valid legal process; (4) protect the rights, privacy, safety or property of JD Supra, users of the Service, Website visitors or the public; (5) permit us to pursue available remedies or limit the damages that we may sustain; and (6) enforce our Terms & Conditions of Use.
In the event there is a change in the corporate structure of JD Supra such as, but not limited to, merger, consolidation, sale, liquidation or transfer of substantial assets, JD Supra may, in its sole discretion, transfer, sell or assign information collected on and through the Service to one or more affiliated or unaffiliated third parties.
This Website and the Service may contain links to other websites. The operator of such other websites may collect information about you, including through cookies or other technologies. If you are using the Service through the Website and link to another site, you will leave the Website and this Policy will not apply to your use of and activity on those other sites. We encourage you to read the legal notices posted on those sites, including their privacy policies. We shall have no responsibility or liability for your visitation to, and the data collection and use practices of, such other sites. This Policy applies solely to the information collected in connection with your use of this Website and does not apply to any practices conducted offline or in connection with any other websites.
We reserve the right to change this Policy at any time. Please refer to the date at the top of this page to determine when this Policy was last revised. Any changes to our privacy policy will become effective upon posting of the revised policy on the Website. By continuing to use the Service or Website following such changes, you will be deemed to have agreed to such changes. If you do not agree with the terms of this Policy, as it may be amended from time to time, in whole or part, please do not continue using the Service or the Website.
If you have any questions about this privacy statement, the practices of this site, your dealings with this Web site, or if you would like to change any of the information you have provided to us, please contact us at: email@example.com.
Already signed up? Log in here
Back to Top
Explore 2016 Readers' Choice Awards
Copyright ©