One in four foreign buyers of American homes, townhomes or condos last year chose Florida
Florida (PRWEB UK) 30 October 2014
Florida has always been the go to state for real estate purchasers looking for year round sunshine. Due to the the Sub Prime crisis, Flambard Williams have an exclusive opportunity to purchase large plots on a fabulous golf course starting at only £12,000.
Over the past 5 years, savvy investors have snapped up bargains across Florida as banks have decreased their inventories of Property. The plots, which have just been released by the bank, offer a fantastic opportunity to clients who wish to invest, build or live within a gated community. With multiple exit strategies they could be a fantastic way for investors to make solid growth over a two year period.
Florida is bustling with well manicured lawns and gated communities and Windswept Dunes in Walton County is no exception. With over 8 million visitors to the area each year, there has been a huge amount of money poured into the local amenities that have substantially boosted the economy in this bustling corner of Florida.
Situated between Pensacola and Tallahassee is the city of Freeport where one of the main attractions in the area can be found, the Windswept Dunes Golf Course. Boasting 230 acres of beautifully landscaped fairways it has been voted the 5th most playable course in the United States and was designed by Doug O'Rourke.
The community itself has a private swimming pool, tennis courts, children's play areas and a number of other amenities which will attract any investor. Situated within 15 minutes drive to one of the prettiest beaches in the world and 30 minutes from Pier Park Mall, where you will find hundreds of luxury boutique shops, it is difficult to imagine a better location. A new casino is due to be built within a 10 minute drive and the area also benefits from a 60 acre sports complex with well-manicured baseball and soccer/football fields, tennis and basketball courts, picnic areas and fantastic schools. With all of these amenities at hand, you can begin to appreciate why an increase in value is predicted.
In an article by Drew Harwell in The Tampa Bay Times, it was stated that 'The Sunshine State's reputation as bait for foreign spenders and snowbirds is legendary. One in four foreign buyers of American homes, townhomes or condos last year chose Florida, spending more than $6 billion, Realtors' data show.'
Martyn Taylor from Flambard Williams believes that the banks have released most of their properties back to market and the bargain opportunities are now few and far between. He states ‘We have seen over the years the major banks in Florida have larger property inventories than major estate agents, however, this is fast coming to an end. With prices starting to increase coupled with low property stock from banks investors have limited time to grab a bargain.’