Florida properties for sale

Venetian Place comprises 101 luxury units, all Pre-Rented to young professionals and families on long term contracts.

This Orlando investment property consists of one, two and three bedroom luxury properties all situated around a beautifully landscaped lake which residents are able to use.

Venetian Place epitomises everything that is quality about Orlando with luxury fittings, private parking, world class health club and a real feel of exclusivity. All this from just $55,000 (£37,000).

Specifications:

Community Facilities

• Waterfront Views
• Resort-Style Swimming
• Pools and Spa
• Beach Volleyball Court
• Lighted Tennis Courts
• World-Class Health Club
• Indoor Racquetball Courts
• Media Area with Big Screen TV

Internal Spec

• Beautiful Solariums
• Vaulted Ceilings
• Ceramic Tile Kitchens and Foyers
• Designer Kitchens and Baths
• Full-Size Washer/Dryer Connections
• Ceiling Fans
• Textured Walls

A Luxury Lakeside Location

Venetian Place is located close to Palmas Altas and also benefits from a location suitable for workers to commute to downtown Orlando, the airport and theme parks.

There is no where else in the world where you can buy a luxury tenanted property at less then the build cost. In certain areas of Florida, namely Orlando, you the opportunity to buy a property at lower then the prices in the 1970’s.

Housing prices in Greater Orlando went up 34% in one year, from an average of $182,000 in August ‘04 to $245,000 in August ‘05, and eventually to a record $255,000 in February ‘07. The average price then fell to $211,000 in April ‘08.

Even if the experts are correct and prices have lost a further 67% in ‘09 in the most effected communities, the average house price today would be $105,000 which is still $35,000 more then our most expensive three bed two bath luxury tenanted property.

We only sell tenanted properties that are let to young professionals and blue collar workers on long leases who live and work in Orlando. Orlando has one of the strongest Economies in Florida; Metro Orlando has a rapidly growing $13.4 billion technology industry. 150 international companies have facilities in Metro Orlando. The tourist industry still attracts over 50 million every year.

Once you have chosen your apartment you will go through a quick and easy process.

1. Select your unit
2. Fill out reservation form and pay a Finders Fee of $3,280
3. Receive confirmation of reservation
4. Pay 30% of the value of the property and closing costs into the US title lawyer’s escrow account for development
5. Receive full purchase contract – sign and return to developer
6. Enter into legal 14 day cooling off period
7. Send the remaining 70% to the US title lawyer’s escrow account.
8. The lawyer completes the transaction for you and passes full title to you.

After sales

Once the transaction is complete we will through our associates:

1. Introduce you to rental Management Company for re-issue of renting agreements
2. Introduce you to a tax specialist in US to ensure that your purchase and any future purchases are tax efficient.

By buying at, or close to the bottom of the market in an established local economy which is forecast to grow both in activity and population over the next few years is one of the best ways to plan for an Exit Strategy.

In five years even if the value of the property reached its build cost (as per 2007) you will make a profit of $86,000 on a $54,000 investment earning $26,000 from net income alone during this period.