Orlando Vacation Home Market is Making a Comeback!

Orlando home buying 6After a decline during the housing downtown of recent years, Orlando’s vacation-home market is making a comeback, according to a recent article I was reading.

Evidently, major home builders are coming into the area to develop six-, seven- and eight-bedroom pool homes.

These developers include Pulte Homes, KB Home, Minto Communities, Lennar, Beazer Homes and Park Square Homes.

The communities these developers are building are especially concentrated within a 5-mile radius of Walt Disney World. And they come with such resort-style features as lazy rivers, water slides and Tiki bars.

If you’ve been on the fence about whether to invest in a vacation home in Orlando, I recommend you continue reading!

Here’s What You Can Look Forward to When You Invest in These Homes

These new single-family homes and townhomes have spared no expense when it comes to celebrating luxury.
They feature gourmet kitchens, high-end amenities and spacious floor plans.

Prices for these properties are ranging from the low $200s for townhomes to the high $400s for detached single-family homes.

And according to recent data, developers should have no problem finding investors in these properties.

After all, the number of visitors to Orlando reached 59.2 million last year, up 27 percent from 2009.

International visitors increased 45 percent to 4.8 million. Although plenty of these tourists are coming from Europe, the majority are coming from Brazil, Venezuela, Argentina and Colombia.

Now is a Great Time to Invest in an Orlando Vacation Home

The benefits to owning a vacation home are endless. First, you will always have a cozy place to stay whenever you visit Orlando.

Second, during those times you’re not in the area, you can rent out your property to all the visitors coming through Orlando each year. They can essentially help you pay off your mortgage for you!

To learn more about investing in an Orlando area vacation home, please contact me, Debbie Summers, your dedicated Central Florida real estate expert.

I would be happy to assist you by answering any questions you may have as well as telling you all about these new construction vacation homes available here in Orlando.

Until next time,

Debbie

Leave a Reply

Your email address will not be published. Required fields are marked *