According to some UK overseas property websites, Orlando, Florida remains a favorite for British real estate investors. Approximately 80% of Britons purchasing real estate continue to focus on Florida vacation homes. Experts say that inquiries for other coastal areas of Florida have increased however. This may be due to the fact the Florida beachfront properties have become more affordable in the last year. Some properties have shown as much as a 25% reduction as compared to one year ago. Gulf coast areas like Fort Myers have been attracting more attention.
Orlando still tops the list as buy to let properties in the four county Disney area are perfect for family vacation getaways and short term rental properties. The Orlando tourism economy remains strong despite the overall US slowdown. With Disney as an anchor, there is little fear that real estate sales in this area won’t pick soon.
California and New York are also getting nods from the Brits – with many homes priced at a bargain and the Sterling at record lows, US vacation homes in many areas are well within reach.
Contact British Homes Group today for information about multi-currency mortgages or for more information about Orlando Real Estate.
