Florida, the American state which attracts more foreign investors by its assets
For a few years now, Florida has been the very first state in the Southern United States where strangers prefer to invest, including the French, because of its attractive assets. According to American real estate experts, 22% of real estate investments florida are made by foreigners. And Orlando is the most privileged city of the French, because Orlando real estate offers them personalized support at each stage of their project.
Orlando real estate is indeed the premier real estate agency in Orlando 100 % Francophone. She perfectly masters the real estate market in Orlando and throughout Florida. Whether it is to invest in the rental of an orlando house, the florida vacation rental or for a usa real estate purchase, she will be able to help you find the right plan for the year.
The attractive assets of the real estate sector in Florida
The characteristics that drive foreigners to buy a house for sale in florida or to invest in florida are diverse:
- A demography galloping which is driving up the demand for rental housing;
- A rate ofjob higher (only 4.5% unemployment rate);
- A taxation reduced with a state income tax rate of 0%;
- And weather mild favored by the great mastery of hurricane episodes.
In addition to its strengths, Florida boasts a developing economy thanks to a tourism unmatched. In 2019, for example, the number of registered visitors to Florida was 131.4 million.
Florida, a profitable real estate investment
Invest for buy an apartment in florida so renting it out is a profitable florida real estate investment. In reality, the profitability of a real estate investment in a second home in Florida, for example, is determined on the basis of several criteria.
- The purchase price of the property (all costs included);
- The monthly rents collected;
- Costs related to the collection of rents;
- income taxation;
- The capital gain to be collected on the property when it is resold.
In the United States, everything is public and transparent. You have access to all the data necessary to determine the profitability of real estate. However, remember that the price of a property varies according to its location, condition, demand, etc. By being accompanied by professionals in the real estate market in Florida, you will avoid buying a Florida apartment that has been put up for sale 20 or 25% above the price applied in the sector.
Generally, the profitability of the rents collected is around 10%. It can be more or less; it all depends on the purchase price of the property. This percentage (10%) is also applied for management fees housing. Re taxation of this type of florida real estate investment, it is often at zero. Furthermore, real estate prices in Florida are constantly rising and show no signs of slowing down. So you can expect a plus-value important when selling your property.
