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Introduction to Florida vacation rental homes. It is generally agreed that investment property acquisition is the safest and most enjoyable method of increasing individual net worth available in today's uncertain economic climate. Universal Reality, have sold, developed and managed properties in Florida for over 18 years. During this time we have advised hundreds of individuals on property purchase abroad and supplied major tour operators including Virgin Holidays and British Airways with vacation rental properties. The Florida Gulf Coast attracts year round vacationers with predominately North American and Canadian "Snowbirds" in the Winter Season to Europeans through the Spring and Summer months. This wide client base combines to offer a higher occupation ratio and produces higher rental rates than all other areas of Florida on an annual basis. In addition the steady maturing of the Coastline, along with a perceived future shortage of land zoned for residential building is contributing to a solid increase in property values which are appreciating at an annual rate of 16%-18%. Source: University of Florida Real Estate Research Center. |
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