Orlando Market is Perfect Fit for UK BuyersTerry Riffe | August 31, 2015
Due to the increases in UK property values, many people now have large amounts of equity in their homes and have been considering using this to buy a dream or investment home abroad. With property prices in Orlando increasing by 28% over the past 12 months (National Association of Realtors) and price growth in Orlando outpacing gains nationally (ORRA REALTOR Association), conditions are on point for UK investors interested in buying in the Orlando market.
The City of Orlando is growing! This is evident with the 1.1 billion dollar expansion planned for the Orlando International Airport (MCO) as well as all of the improvements and expansions to the interstate infrastructure. The theme parks have been announcing their plans for growth as well. Last year alone, Orlando had over 62 million visitors. The Orlando area and Central Florida is still the tourism capital of the world.
The buying process is simple and it is not necessary for the buyer to be present during the process. Documents can be emailed or physically sent with carriers such as FedEx. Also, foreign nationals can easily obtain loans in the US and remotely set up a US bank account.
It is very clear that the real estate market in Orlando is in an upwards trend. Now is the perfect time to buy. Apart from being a long-time broker, I’m also a property investor myself as well as the owner of USA Vacation Homes and Spa, a vacation rental management company. This makes me uniquely positioned to give you very personalized services. With a wealth of experiences as a trusted broker, property manager and real estate investor, and with years of service in Orlando’s top neighborhoods under my belt, I am especially capable of guiding you through the process of buying prime Orlando real estate.
If you are ready to invest in the Orlando real estate market, or would like more information, email me An@orlandovacationrealty.com or call me 1 (407)800-0888.