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Investors from around the world are flocking to Orlando, eager to claim their piece of the United States’ premier family destination. The appeal of this vibrant city and its unrivaled offerings continues to attract individuals seeking to own a slice of this extraordinary locale.
Unlike many other prominent cities across the United States, Orlando stands out as a financially feasible location for investment and residency. Its affordability makes it particularly appealing to investors, vacation home buyers, retirees, and people moving to the area drawn by the ever increasing amount of companies expanding and relocating to Central Florida.
Real estate can be a powerful tool for building wealth, and as a seasoned real estate agent with a deep understanding of the investment market, I can help you invest in the right areas of Central Florida.
Orlando boasts a lively downtown area that pulsates with energy, offering a wide range of community venues to explore. These include the esteemed Amway Centre, a premier NBA sports facility and home to the renowned Orlando Magic. The city also takes pride in its state-of-the-art Dr. Phillips Center for the performing arts, along with the recently revitalized Camping World Stadium and the upcoming MLS soccer stadium.
For avid shoppers, Orlando provides a wealth of opportunities to indulge in retail therapy. From the upscale Mall at Millenia and the vibrant Pointe Orlando to the internationally acclaimed Orlando Premium Outlets. Moreover, the iconic International Drive with its almost infinite range of shops and attractions. Then, when a food stop is needed you will never be far away from a multitude of choice; from the regular food chains to extraordinary find dining establishments led by award winning chefs.
Fun is without question at the heart of the Orlando area with seven of the World’s most popular theme parks including Walt Disney World, Universal Studios, Legoland and Sea World!
The combination of Orlando’s popularity, the unique advantages of vacation homes, year-round tourism, and the support of professional property management companies all contribute to the strong rental demand for vacation homes in Orlando.
Orlando’s world-class theme parks, favorable climate, diverse attractions, convenient accessibility, and ongoing development makes it the perfect place for year-round tourism.
Beyond theme parks, Orlando offers cultural experiences with museums, theaters, and art galleries, providing enriching activities for all ages. It is home to the famous Dr. Phillips Performing Arts Center which has expanded the cultural and art scene throughout Orlando.
Enjoy the best of both worlds – with Orlando’s prime location, you’re just a short drive away from some of the most beautiful beaches in the country. Both the Atlantic and Gulf coast beaches can be quickly and easily reached for day trips.
When it comes to transportation, Orlando is certainly well connected. Orlando International Airport has direct flights to almost all major US cities and to most of the major foreign airports. Couple this with multiple fast highways and a rapidly expanding rail system you can see why transport in the area is simply not a problem.
Orlando’s robust tourism industry ensures a steady stream of visitors, making it an attractive investment opportunity. Your vacation home can generate rental income when you’re not using it.
The Orlando area is home to the Orlando Magic basketball team, Orlando City Soccer and the newest MLB team, the Orlando Dreamers. Add over 200 golf courses to this and you will find an exciting sport for almost every taste!
Orlando’s visitor volume in 2022 was over 74 million people. Up 25% from 2021 and up 98% from 2019.
Orlando International Airport’s Passenger Volume in 2022 was 50 million.
Florida welcomed over 7 million overseas visitors in 2022, up 73% from 2021.
Florida has no State Property Tax.
Florida saw 137.56M visitors in 2022 – an increase of 12.9% from 2021.
Vacation homes in Orlando are far more affordable for tourists compared to the local hotel rates.
Brightline just opened their new rail line connecting Orlando to Miami. Future expansions will include connections to Tampa.
Universal’s Epic Universe is a brand new theme park coming to Orlando in the Summer of 2025!
Here’s what they had to say…
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– client name (seller)
Once you have decided to buy a vacation home in Orlando, the first step is to contact me to set up a discovery call. In this call we will discuss your reasons for buying, your investment objectives, and the amount you would like to spend. This will help me put together a portfolio of potential properties for you to short list.
You may have your own financing connection or you may need to seek help in this area. I can assist in putting you in touch with lenders who can help with your specific needs. Whether your investment is a second home, or an addition to your existing property portfolio, there are lenders and products for all requirements.
Once you have looked through the short list, we will go on in-person or virtual viewings of the properties. We will discuss the pros and cons of each to help you determine your favorite.
Once you have found the right investment, we will write an offer to the sellers. If your offer is accepted, you will be under contract to purchase and will move forward in the purchasing process.
At this point you will be introduced to your closing agent from the Title Company who will be handling your transaction. This is where you will send your initial deposit and your transaction coordinator will keep you updated on progress. They will also ensure that everything is ready for close date.
This is the due diligence process to ensure that the property is in good condition and that the contract price is consistent with comparable homes in the area. If the home inspection, which is undertaken by a licensed inspector, is not to your satisfaction you get chance to negotiate any repairs.
Everything comes together at closing! This is where you sign your loan and settlement statements, and get the keys! You don't need to be in town to do this, your transaction coordinator will be able to arrange a remote, online closing – even if you happen to be thousands of miles away or in a different country.
Find the company that will look after your asset, generate your income, and keep your guests happy. Your chosen company will depend on your objectives for ownership, and if you need help in finding a company I can assist you in finding just the right fit.
Get it now!
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Achieve your Investment Goals
Want to learn more about buying a vacation home and the vacation homes for sale in Orlando, Florida? Check out these articles and videos.
There are many reasons for buying a vacation home and the more specific you can be about why you want the home, the better this investment will be in the long run. Here are a few things you should consider when thinking about buying a vacation home:
The answers to these questions will help you tremendously when choosing the right vacation home. It will also help me give you the right options that will help meet your expectations.
There are many options. So the question is, how do you choose! There are many things to consider when buying a vacation home and these will guide you when finding the right place to buy.
Here are a few of the many communities which have vacation homes for sale in Orlando:
Not all neighborhoods allow vacation homes. So it’s important that you only consider properties where short-term, airbnb rentals are permitted. As with any purchase, location is highly important and with my knowledge in this area, I will make sure that the location provides you with the best return.
The costs associated with owning a vacation home in Orlando varies based on community, chosen management company, and the individual expenses associated with owning the home.
The typical expenses you can expect per month include:
Vacation homes can often be categorized into three types of properties: Condos, Townhomes, and Single Family Homes. The price of these properties varies based on their age, location, and current market conditions. For example, a brand new single family home on an all inclusive resort may cost more than a resale condo. But they both have pros and cons.
So how do you choose the right option for you?
This depends on the expectations you have for your vacation home and matching those expectations with the right property is very important. To achieve this requires intricate knowledge of the area, and…. Contact me?
Choosing the right vacation home management company is a very important decision that will significantly impact your experience as a homeowner and in reaching your investment objectives. Here are some things to consider:
Identify your needs and goals: Consider factors such as the level of involvement you want in managing the property, your desired rental income, and any specific services you expect from the management company.
Research and gather recommendations: Look for vacation home management companies that operate in the Orlando area. I would be happy to provide you with a list of management companies depending on your specific needs.
Understand their fee structure: Management companies may charge a percentage of rental income, a flat fee, or a combination of both. It is important to understand the costs involved and how they will impact your profitability.
Personal connection and trust: Ultimately, it is important to choose a vacation home management company that you trust. They will be responsible for looking after your home and guest experiences, so it’s important to feel comfortable and confident in their abilities.
Are you thinking about buying a vacation home in Orlando? Set up a no obligation property search!
When you set up a no obligation property search on my website, you will receive a customized set of vacation homes available in the neighborhood you requested and regular updates with properties that match your criteria.
This is a great way to get a sense of what’s available and gain insight into the local vacation home market.
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