New Buy To Let Development in Orlando, FL
28 Oct 2015 16:37PM
New Buy To Let Community in Orlando, FL
George Bernard Shaw of Pygmalion and My Fair Lady fame (amongst others!) once aptly observed that England and America are two countries separated by a common language!
And no-where is this more clear than in investing in holiday homes and other property in the United States … where valuations are appraisals, settlements are closings and no-one is quite sure what an Escrow is!
And that is where The British Homes Group Florida comes in!
“It’s not very often an Investor Real Estate opportunity comes along like this and we are proud to offer it to the buy-to-let and overseas investor community.”- Bill Cowie Commercial Director, British Homes Group
For over 20 years the British Homes Group in Orlando has been helping UK and Overseas clients buy homes around the Disney World areas of Orlando. Most of our team are from the UK, having made the move to Orlando decades ago.
We therefore speak ‘both languages’ as they say and help make the process of buying a home here much easier to understand and navigate.
This specialised “Buy-To-Let” part of the Group identifies homes that are more suitable for buyers that have little interest in using the homes themselves and/or who want long-term security in the rental income for the property.
This is a 57 home purpose built, buy-to-let community, that is already over 50% sold out. The Rosemont Woods development was built by Park Square Homes, is managed by Contempo and houses Virgin Atlantic Holidaymakers.
The initial Rental Agreement is for 5 Years, after which, it is renewable for another 5 Years.
If you think about that for a moment, at $2,500 a month for 10 Years that is a gross income of $300,000 – almost the purchase price of the home!
That’s why this unique situation is great for buy-to-let landlords, investors and cash-buyers in particular. Mortgages are available, with a minimum 30% deposit.
We are heading to the “A Place in the Sun” show in Birmingham this weekend so please send us an email if you would like to discuss in more detail.
We are also in the Show edition of the Magazine.
Why BUY TO LET?
Because it’s a safe, sensible and secure new way to invest in Florida real estate.
BHG is headquartered in Orlando, FL and for 30 years now, has been helping international clients buy and sell residential property in the short and long term rental areas around Orlando and Disney World.
We know this uniquely Florida real estate marketplace very well, therefore – and speak both languages fluently!
BUY TO LET versus “LEASE-BACK”
BUY TO LET has been an increasingly popular form of property investment in the United Kingdom for many years.
UK Definition (US Wikipedia)
Similarly, so too has SALE & LEASE BACK in the United States. “Sale & Lease-Back” is often used by companies wishing to raise working capital for their businesses by “selling” their property and then “leasing” it back for their own use.
ORLANDO VILLA BUY TO LET
In Orlando recently a similar arrangement has been made between:
1) A major British airline (Virgin Atlantic) wishing to secure future villa accommodations for its ever-increasing British holiday-maker customers coming to Orlando each year;
2) British property investors wishing to “Lease-Back” their villas to the programme to offset their operating costs and generate rental income when they are not using it and
3) A leading Orlando Villa Management Company, Contempo Homes.
The initial (and renewable) lease-back/Guaranteed Rental period is for 5 years.
A Simple and Sensible “Win-Win” proposition indeed!
The villas are managed and the booking arrangements made by CONTEMPO HOMES, a well-established and respected Orlando-based villa management company expert in serving the often unique requirement of the UK villa ownership community in the Disney-area of Central Florida.
VILLA PRICES & GUANTANTEED RENTAL INCOME
Rosemont Woods, the new guaranteed rental BUY TO LET villa village, is located in Providence (www.providenceflorida.com) the prestigious gated, golf-course community close to Walt Disney World.
All Rosemont Woods BUY TO LET villas come fully furnished, have private pools (as well as access to a Word-Class Club House, tennis courts, community pool and the like).
Prices range for the mid-200’s to the mid-300’s. Guaranteed 5-year monthly rental incomes range from $1,400 to $2,500 per month – depending on the size (4-5 bedrooms) and location of the villa.
A limited number of homes are planned for this community. Please call or email us for more information.
Please visit: www.buytolethomes.com or email email@example.com
Request more information on homes for sale around Orlando or submit a Custom Property Search Request
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The BRITISH HOMES GROUP Florida
Offices in Kissimmee and Davenport
Info@britishhomesgroup.com or (+1) 407 396 9914