Thanks to a sun-drenched climate and an enormous range of year-round tourist attractions, this “Sunshine State” is a magnet for international holidaymakers, attracting the same amount of visitors per year as France! In fact Florida attracts the greatest numbers of British and Irish second-home buyers to its shores than any other English speaking worldwide destination.
With a weak dollar fueling the real estate market in the USA, international buyers are delighted to be buying far more property for their money in Florida than ever before. European holiday home buyers and property investors are currently snapping up quality condo townhouses, villas and apartments, many of which offer the convenience of all-inclusive turn-key options.
Florida Property Hotspots such as Disney’s Orlando are attracting huge numbers of foreign buyers. High capital growth rates of up to 50% per annum, as well as a healthy year-round buy-to-let market make for an exceptional investment opportunity. In addition to iconic Disney world, Florida has much more to offer tourists and home buyers, including: Miami Beach known for its trendy lifestyle and art deco hotels; smart Fort Lauderdale; the Tampa Bay area; Daytona Beach; Palm Beach; the beautiful Florida Keys; the swamps and wetlands of the Everglades; along with an endless supply of shopping malls and golf courses to suit even the keenest of enthusiasts.
Property in Florida is most popular with families and rental property ownership, while international tourist renters and home buyers flock to the area for a piece of the action. Florida property prices are affordable by many standards (around 150,000 GBP or 221,000 EUR for a three bedroom villa with swimming pool). Buying a property in Florida or anywhere in the USA is, in general terms, far less complicated than elsewhere in the world. Florida is very much a “user-friendly state” due to its vast numbers of foreign buyers, giving investors a safe and reliable approach to home ownership. Flights to Florida are plentiful and economical, especially during low season. In addition to British buyers, Florida is a particularly popular property spot for north and south Americans as well as Germans.
Florida may boast 360 days of sunshine per year, but on days when it rains, it really does! June is the wettest month of all, with an average rainfall of 237mm. Summer is generally hot and humid with average highs of 30°C.