Why Buy Property in Florida?
Houses for sale in Florida
As a popular year-round holiday destination, Florida has become a property hot-spot for those looking for an investment property or a second home. Named ‘The Sunshine State’ with its sub-tropical climate and averaging 300 days of sunshine a year, Florida has the ideal climate and when it comes to tourist attractions there really is something for everyone; water sports and white-knuckle rides for thrill seekers, sporting leisure facilities for sports lovers, theme parks for children and the young at heart, natural beauty for nature lovers, over 13,500km of coast for beach lovers. You will also find countless golf courses and sporting leisure facilities.
As well as the man made theme parks, Florida really is steeped in natural beauty with its winding waterways, freshwater lakes, forests, hills, coastline, islands and inlets. Florida has long been the perfect destination for beach holidays, with the most popular areas being Miami Beach, Palm Beach and Daytona Beach.
Man made tourist attractions include Walt Disney World, NASA Kennedy Space Centre, Busch Gardens, Magic Kingdom Park, Universal Studios and Sea World to name a few. Orlando is the entertainment Capital of Florida and is the most popular among buy-to-let investors.
Over 1.5 million people from the UK visit Florida every year and over 18,500 made the State their home in 2005. The cost of living is low and housing is cheap, and Florida is increasingly popular with buy-to-let investors, especially properties close to the Disney attractions of Orlando.
In this country guide we look at Florida as an investment proposition, and look at the legalities of purchasing in the State. Please note that tax policies in the United States change yearly, and so we advise you to seek professional advice.