Investing in coastal land presents an alternative opportunity for USA and foreign investors to capitalize on present market conditions.
(PRWEB) September 28, 2012
Foreign buyers seeking to invest in the USA should look no further than Prime Land Plots on the Florida Gulf coast
As the property market in Florida begins to pick up pace, foreign buyers seeking to invest in the USA should look no further than prime land plots on the Gulf coast. With many local buyers already choosing to build a home there, confidence in the market is increasing steadily, according to Prime Florida Land Corp., a land investment firm that specializes in selling build able plots in the Sunshine State.
Build the perfect family home, or investing in coastal land presents an alternative opportunity for USA and foreign investors to capitalize on present market conditions.
Since the market crashed in 2007, land prices in Florida have fallen just as dramatically as house prices, dropping an average of 70% across the board, meaning investors can now buy a prime plot of land from $9,900 to $21,900. These same lots sold for over $60,000 before 2007.
Experienced at selling in Florida, USA for many years now, Prime Florida Land Corp. has a large inventory of plots to choose from on their website: Primefloridaland.com
Each of the 7,500 ft plots have public water, sewers, and paved roads already in place and are large enough to build a 1,400 to 2,500 sq ft home with a two-car garage. With no time-frame set in which to build on the land, and the yearly assessment and taxes only $350, these plots are an incredible investment opportunity for anyone wanting to expand their portfolio.
Only four miles from the Gulf of Mexico and forty-one miles from the Sarasota Airport, the plots are also within ten miles of 10 championship golf courses. The lots are also close to a major sports complex and nature parks. They are the perfect location for anyone wanting a slice of everything the Gulf Coast has to offer.
“Buying land in Florida is considered a low risk/high return investment,” says Scott Rand, President of Prime Florida Land Corp. “Buyers wanting to capitalize on low market conditions can afford to buy land now and then build on it at a later date, ensuring their capital will always appreciate. Investing in a land plot presents an alternative opportunity for investors to capitalize on present market conditions, without the additional responsibilities that come with property ownership.”
The real estate market in Florida has been heavily affected by the property crash. Buying a land plot is the ideal compromise as the prices are low enough that investors can pay cash or finance the land, and then add in the cost of building a new home and they will still be paying less than if they had bought a new, smaller home.
Rotonda West in the Gulf Coast area is currently a prime location for anyone wanting to purchase a land plot for an investment or to build. For more information please visit Primefloridaland.com