Now may be the perfect time to invest in American property as the pound surged to a 26-year high against the US dollar in the first week of July.
At $2.05 to the British pound, investors can pick up American property at bargain prices! Normality is said to resume in a couple of years, so now is the ideal time to invest.
This is great news not only for buyers in the US but also for British investors, with the USA being their 3rd favourite overseas property destination, (A Place in the Sun).
Central Florida real estate remains a hub for British buyers, namely in the Orlando/Disney areas such as Kissimmee, Davenport and south Clermont. Florida is a year round holiday destination and has become a hot spot for those looking for investment property or a second home.
Over 1.5 million people from the UK visit Florida every year and over 18,500 made the State their home in 2005. Florida is not only a property hotspot for Britons, but for many Germans and North and South Americans too. The cost of living is low and housing is cheap, and Florida is increasingly popular with buy-to-let investors.
Florida is still among the world's top tourist destinations, ensuring a strong rental market and making a great place for a holiday home. 'The Sunshine State' with its sub-tropical climate and averaging 300 days of sunshine a year has the ideal climate and when it comes to tourist attractions there really is something for everyone all year round.
The popularity of attractions such as Disney World, Universal Studios, MGM Studios, water sports and white-knuckle rides, sporting leisure facilities, theme parks, natural beauty such as winding waterways, freshwater lakes, forests, hills and over 13,500km of coast for beach lovers. You will also find countless golf courses and sporting facilities, attracting visitors from all over the world and boosting a healthy demand for Orlando Florida real estate.
Real estate in the USA is on offer at all prices to suit all budgets. Currently Florida and Las Vegas are high demand locations, especially for the buy-to-let market owing to the shorter flight times to Europe. Property prices are being held steady and give new investors the opportunity to buy into the market.
Properties should be chosen in optimum rental locations in and around main tourist attractions to maximise rental returns year long. Worldwide Dreams specialize in property for sale in Florida, and concentrate largely on new and re-sale homes. Re-sale homes offer great value as they're ready to rent immediately. As demand is high, Florida real estate is a fast moving market and Worldwide Dreams have a great collection of property currently on offer, within a range of prices, so you'll find the ideal property for sale in Florida to suit you
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