Why buy a vacation home in Orlando, FL?
Are you interested in making a lucrative investment in a prime property? Orlando, Florida offers an amazing range of real estate properties which can be turned into luxury vacation homes.
In the last 30 days, more than 64 vacation homes have been sold in Orlando. The median home price of the sold properties is $256,750. Orlando has received the title of the 'Theme Park Capital of the World' because it is home to the Walt Disney World, Islands of Adventure, Universal Studios and Lego Land. It attracts tourists from all over the world throughout the year. However, it also offers the opportunity of affordable living and housing.
Here are a few reasons why you should not miss the chance to become a vacation home owner in Orlando:
· Rental income- If you are on the fence regarding property investment in a vacation home, just think about the vibrant tourism scene that Orlando experiences. On a yearly basis, more than 50 million tourists visit Orlando to enjoy the numerous adventure parks. Around 67% of them are willing to stay in a vacation home. They prefer rental homes to hotels because they can accommodate a big group in one location instead of splitting into several rooms in a hotel. If you invest in a vacation home, you can offer the property on rent to tourists when you are not using it. The rental income that the property can fetch for you is a great way of recovering your principal investment amount in a short time.
· Family friendly environment- Apart from the theme parks, Orlando offers an exciting life in terms of the best golf courses, fantastic shopping opportunities and breathtaking Gulf coast and Atlantic coast beaches. There is something for everyone in Orlando. You can make it your home away from home.
· Range of properties- Investors looking for vacation homes for sale in Orlando can choose from a wide range of properties including single family homes, condos, townhouses and apartments. It is a good idea to invest in the four corners area which is located south of Disney because the maximum short-term rentals are booked here. You can find demand for your property all through the year. Other popular areas for investing are counties like Orange, Haines City, Lake, Clermont, Seminole and Osceola. Central Florida is among the fastest growing markets in the US in terms of sales of vacation homes and return on investment.
What are you waiting for? Locate a house for sale in Orlando, FL and take advantage of the appreciation in property prices!