Casas de 5 a 13 dormitorios
Encore Club at Reunion
Florida has a high floating population attracted by tourism, the main economic activity of the State, which generates a considerable demand for vacation properties (short term rentals). In fact, Orlando is the city that receives the most visitors in the world: 72 million in 2017, out of which 66 million correspond to tourists from other U.S. states.
In the state of Florida there are two types of land use, residential and vacation. If the property is located on vacation land use it can be rented at short term. On the other hand, if the land use is residential and it is rented in the short term, it is exposed to fines of up to U$20,000. For this reason, we recommend that you get advice before buying.
These vacation properties are usually managed by specialized companies, which take care of the complete management of the property, taking care to keep it leased and in perfect conditions.
They are characterized by having a high capital gain and generate higher yields than those obtained in residential properties.
With a 30% of down payment, it is possible to receive the necessary income to pay for the property in a few years.
Check out the alternatives THE KAIAGROUP recommends in the most attractive cities to invest in vacation properties in the State of Florida.