Florida buy-to-let property opportunities
02 October 2014
Select Resorts Properties have announced their latest addition to their global property portfolio in Orlando, Regency Gardens. A buy-to-let opportunity in an excellent location in the sunshine state, the development offers investors the chance to purchase recently renovated one or two bedroom condominiums, with prices starting at just $84,000. The area benefits from substantial rental demand and to instil confidence and encourage purchases, the developers are offering a 24-month rental guarantee of a generous 9%.
The one and two bedroom properties at Regency Gardens offer stylish accommodation that has been recently modernised with all appliances less than 1 year old.
The community offers a lifestyle enabling the opportunity to relax in the ultimate luxury, with access to two swimming pools, a relaxing spa and sauna, tennis courts, lakes, fountains and a state-of-the-art fitness centre.
Located within minutes of Orlando International Airport and Walt Disney World, Regency Gardens is in an excellent location for great shopping, fine dining and world-class entertainment.
Michael Reilly, Select Resorts Properties Sales and Marketing Director commented on the potential of the development;
“With prices rising in the area, many locals are unable to purchase properties of their own and look to rent properties instead. Regency Gardens appeals to this market perfectly. The one and two bedroom condos provide affordable accommodation in an attractive community, in a convenient location for local transport links, restaurants and entertainment options.
What’s more properties are offered at an extremely attractive price for our investors with excellent returns. We wanted to introduce an affordable international buy-to-let property to our portfolio, for our ever increasing global database of investors that are keen to invest in property across the globe.”
Regency Gardens offers purchasers 9% guaranteed NET rental income – with a 24 month guarantee. This includes all property management charges, and taxes – meaning purchasers will generate a minimum return of $7,560 on an $84,000 property.
There are 5 different types of condo available to purchase within the community – Azalea, Magnolia, Gardenia, Jasmine, and Lily, with prices starting at $84,000 for a one bed/one bath unit at 580sq.ft, ranging to $114,800 for a 2 bed / 2 bath property of 1,000 sq.ft.
Investment highlights include:
- Prices from just $84,000 - $114,800
- One and two bed properties available
- 9% guaranteed NET yield
- 24 month rental guarantee
- Free property management for 24 months
- Pay 50% deposit and the remaining balance in 3 years (on selected properties)
- All units recently renovated to a high standard
- Limited number of properties available
Interested parties are encouraged to contact the Select Resorts Properties on +44(0)1202 765011 to discuss the opportunity in further detail.