Why Florida?

The Florida property market is hot in more ways than one. Florida benefits from superb winter sunshine and for those planning the great escape from those winter blues and its property market is also setting the world alight with the most recent statistics showing in 2000 to 2005 prices rising by 16% a year in Orlando, to 29% in Sarasota and Naples on The Gulf coast.

Central Florida is best known for its major attractions, Walt Disney World's Magic Kingdom, Epcot Centre, MGM Studios and Animal Kingdom, Tampa's Busch Gardens, Universal Studios Theme Park, Islands of Adventure, Sea World and of course The Kennedy Space Centre. Go beyond these though and you find beautiful Atlantic and Gulf Coast beaches, some of the top ranked golf courses in the USA, incredible shopping, fine-dining restaurants and non-stop nightlife.

Where else can you; spy on animals from Africa in the morning and ride a stomach-churning rollercoaster in the afternoon, swim with dolphins then watch a fireworks extravaganza, or walk among exotic tropical birds and have your photo taken with Spiderman, the Incredible Hulk or Goofy? What's more, with new attractions at the theme parks, one visit is never enough!

The reasons for the popularity of the Sunshine State to the Brits go beyond Florida's sun records and the fact that English of a sort is spoken. Florida is a great place to invest particularly with the Pound's strength against the Dollar making property a very popular investment. In fact over nine million Americans have indicated in a recent Harris opinion poll that they intend to eventually move to Florida which means that the demand for property will remain high for the foreseeable future.

One section of Brits buying in Florida is those seeking a second home in the sun. Florida provides average winter temperatures in the 70s, laid-back lifestyles, some of the best beaches in the world, and a range of cultural facilities, making for an idyllic summer and winter escape from the UK. A high percentage of these are attracted to Central Florida developments where a 3-bedroom house with a pool currently costs around $225,000, which for a slice of a tropical paradise compares very favourably with a second home in any other location in the world.

Then there are those seeking to both invest in a Florida property to rent out whilst making occasional use of it themselves for holidays. Many of those purchasing property for this purpose want to rent their home out for one or two week periods. One area that is popular for the holiday-let market due to its collection of theme parks and great rental returns is the "Golden Triangle".

Recent information from The National Association of Realtors chief economist has stated that the fundamentals responsible for property growth will continue, a growing job market, property investment and low mortgage rates by recent historical standards, therefore providing an appropriate property and location is selected the outlook for Florida remains very positive.

With its climate offering a year round attraction and vacation season to holidaymakers, its easy laid-back lifestyle and great value for money, Florida provides the perfect location to earn significant equity as well as rental income from your property investment.