REAL ESTATE INVESTMENT IN ORLANDO
Properties set within integrated resort environments in Orlando, the world’s most famous theme park destination, are selling fast as investors capitalize on the benefits of professionally managed vacation home rentals. With on-site family amenities such as waterparks, restaurants and shopping, homeowners and guests benefit equally from their immediate environment, as well as being in reach of Florida’s prime entertainment district.Professional and highly experienced resort management companies also drive visitor numbers through vacation operators, thereby maximizing occupancy rates, boosting bookings throughout the seasons and raising income levels for home owners.
RESIDENTIAL INVESTMENT SIGNIFICANT INCOME POTENTIAL
The opportunities for home owners to let their properties to Orlando visitors and generate revenue from their investments are ever more exciting. Investors seeking the best returns are turning to properties located in highly-amenitized resort environments with branded, well-known professional management companies. Respected and trusted operators with decades of experience in the US market,drive guest numbers via larger scale tour and vacation companies, ensuring strong demand for integrated resort homes. Florida attracts more visitors who fall within the ‘affluent family’ and ‘affluent mature’ categories than the US as a whole,and seek high quality vacation experiences. In a professionally managed resort environment, they gain all the comfort and space of home, with the advantage of leisure amenities and hospitality services on their doorstep. In-resort features such as water sports,restaurants, spas, golf, waterparks and children’s activities benefit visitors seeking not only to experience Orlando’s theme parks, but also to enjoy a longer stay in the resorts themselves. Those offering conferencing and business tourism facilities also boost occupancy in quieter leisure seasons. For home owners renting their properties, this means greater occupancy levels, a premium over other accommodation options and higher income levels. Home owners in Orlando can capitalize on rental demand from the region’s rising number of affluent, long-stay visitors and expanding year-round business tourism sector. Orlando offers unrivaled global connectivity, in particular to key source markets in Latin America,North America and Europe. Properties within professionally managed resort environments,surrounded by high levels of on-site amenities and excellent services, also benefit from greater demand, price premiums and higher rates of occupancy.
DYNAMIC LOCAL ECONOMY
With more than 68 million visitors in 2016, Orlando in Florida is the US’ Number One family tourist destination with world-class entertainment, hospitality, sporting and conferencing facilities. The tourism sector is an integral driver of the local economy, with ongoing investment in the area including Universal Orlando Resort’s Volcano Bay waterpark and Walt Disney World Resort’s World of Avatar. With its favourable business tax climate, Orlando is also home to the headquarters of numerous international corporations and associations. Boasting a dynamic business environment, new companies to the area contribute to the 3,500 new jobs created here each month. They attract new residents to the area, propelling population growth and generating demand for homes.
CONTINUED INVESTMENT INTO ORLANDO
While already enjoying excellent local,regional and international connectivity,Orlando is also beneting from $9 billion in infrastructure construction. This includes the improvement of the Interstate Highway‘I-4’, the expansions of both OrlandoInternational Airport and Orlando Sanford International Airport, as well as commuter train, SunRail’s new southern routes to include four new stations. Orlando is therefore firmly ranked in the Top 10 large US cities for infrastructure according to Foreign Direct Investment (fDi) Magazine, 2016. As the theme park capital of the world, Orlando is a thriving tourism destination attracting visitors from across the globe. With significant healthcare, education and technology sectors,the broad-based, prospering local economy underpins a diverse and expanding community of 2.36 million residents. They live, work and retire in the Sun-Belt while also enjoying the area’s global connectivity, excellent local infrastructure and continued investment. All these factors build a compelling rationale for investing in the local residential real estate market.
A FEW MORE REASONS
- With more than 1,250 courses, Florida has the most golf courses in the United States. – VISIT FLORIDA
- With 75.6 million international tourists in 2016, the US is the world’s second most-visited country after France with 82.6 million visitors. –UNWTO
- When it comes to international visitor spend on accommodation, food, drink,entertainment and shopping,the US tops the global charts with US $205.9 billion in tourism receipts. – UNWTO
- Orlando is home to seven of the world’s top theme parks. –VISIT ORLANDO
- Most Affordable Travel Destination In The US — SmartAsset
- Best City To Own Investment Property – GoBankingRates.com
- Most Pet Friendly City – Wallet Hub
- Best City To Start A Career
- #1 City To Invest In Housing In 2018 – Forbes
- #1 Place To Retire – Wallet Hub
- Hottest Housing Market For 2019 – Zillow
- Overall Hotspot For Jobs In 2019 – WalletHub