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How to Buy A Vacation Home in Florida


Making the most of your investment


There are so many things to consider when buying a home overseas, such as:
  • How do we get rentals?
    		•
  • How do we get a mortgage?
    		•
  • Who services the pool?
    		•
  • Do we need a US bank account?
    		•
  • Do we need a lawyer?
    		•
  • Who cleans the home?
    		•

    “But there are so many more things to consider when thinking about how to

    buy a holiday home in Florida

    ”

    Our friendly team are here to guide you every step of the way and advise on everything you will require before your visit, during the purchase, throughout the build, at closing and after completion.
    Request Your FREE Buying Guide
    Picture of the free Buying Guide or property in orlando Florida

    What Do You Want From
    Your Florida Home?



    Is it 100% a financial investment or is this a purchase to improve your quality of life?

    The benefit of owning a home in the Sunshine State is that it will likely increase your standard of living, it certainly increased ours. Apart from the joy of having a home in Orlando we regularly fly to other US cities and have enjoyed stays in Washington, New York and Las Vegas.

    The cruises we have experienced from Port Canaveral to the Bahamas and the Caribbean have created lifelong memories. Other owners have added skiing holidays via Colorado, Marlin fishing trips out of Clearwater and visits to the US Masters in Augusta which is only a six-hour drive from Orlando.

    Whether you’re looking for a financial or a lifestyle investment, it’s important to think about which group of owners which one you fall into as it affects your choice of property.



    picture of a orlando rental property for sale in florida


    Inspection Visits Currency Exchange Connecting Utilities Tax Numbers
    Access to Mortgages Furniture Packages Applying for all licences Photography and Video
    US Bank Account Interior Designers Rules and Regulations Marketing


    It is important you consider which group you fall into
    as it can affect what you choose to buy


    First Group

    These are the buyers who are happy to purchase a resale Town Home from around $350k and a detached villa/pool home from $450k which probably needs attention to bring it up to the standard we would expect to achieve a good rental return.

    They are likely buying outright or with very little finance, if any at all. They will spend extended periods in the home, possibly staying for a few weeks here and there and leaving the rest of the calendar free to generate income throughout the year.

    This type of buyer is not necessarily concerned about being in the prime locations and will generally choose the house as opposed to the development. They are likely to achieve between 25 and 30 weeks rental income and are happy that they use the home a lot themselves should they wish.

    Second Group

    The 2nd group has a very similar budget to the first group but require as much income from the home as possible. They are normally borrowing a significant amount of the purchase price and are likely to need 36 to 40 week’s rental to make the home pay its way.

    This is very achievable and still leaves plenty of time for the owner to use the home themselves.



    Third Group

    This is the buyer who wants maximum income from their home. It would be foolish of this buyer to try and cut corners. The property must be in the most desirable rental developments, the location must be right and the home must be well presented. It doesn’t have to be a brand new home but it must have a WOW FACTOR. It should also have some, although not necessarily all of these additional features.

           Upgraded Furniture
           Flat Screen TVs
           Extended Pool & Deck Spa
           Games Room
           Conservation View

    This buyer is not likely to find a home below $350k but they will find excellent properties above this figure that do rent out extremely well. The typical budget within this group would be $450k plus and the home will produce between 30 and 40 weeks rental occupancy year on year.



    Fourth Group

    This is the buyer who wants the higher end home and although they welcome rental income to offset running costs it is not a necessity. They are happy to block the home for extended periods for themselves or their families and friends.

    They will still want all of the additional features which are listed above. More often than not they are cash buyers and 25 weeks rental income will normally cover all costs associated with running the home and still leave plenty of weeks for their own use.
    Find out more about how your home is rented here
    Click Here To View Our Rental Site

    How to Buy A Vacation Home in Florida




    Making the most of
    your investment

    There are so many things to consider when
    thinking about how to buy a holiday home overseas, such as:

  • How do we get rentals?
  • Who services the pool?
  • Do we need a lawyer?
  • How do we get a mortgage?
  • Do we need a US bank account?
  • Who cleans the home?
    •


    “But there are so many more things to consider when

    buying a home in Florida”

    Our friendly team are here to guide you every step of the way and advise on everything you will require before your visit, during the purchase, throughout the build, at closing and after completion.

    Request Your FREE Buying Guide

    how to buy property in Orlando Florida

    What Do You Want From
    Your Florida Home?



    Is it 100% a financial investment or is this a purchase to improve your quality of life?

    The benefit of owning a home in the Sunshine State is that it will likely increase your standard of living, it certainly increased ours. Apart from the joy of having a home in Orlando we regularly fly to other US cities and have enjoyed stays in Washington, New York and Las Vegas.

    The cruises we have experienced from Port Canaveral to the Bahamas and the Caribbean have created lifelong memories. Other owners have added skiing holidays via Colorado, Marlin fishing trips out of Clearwater and visits to the US Masters in Augusta which is only a six-hour drive from Orlando.

    Whether you’re looking for a financial or a lifestyle investment, it’s important to think about which group of owners which one you fall into as it affects your choice of property.
    A home rental holiday home for sale inorlando Florida

  • Inspection Visits
  • Access to Mortgages
  • US Bank Account
  • Currency Exchange
  • Furniture Packages
  • Interior Designers
  • Connecting Utilities
  • Applying for all licences
  • Rules and Regulations
  • Tax Numbers
  • Photography and Video
  • Marketing
    •


    It is important you consider which group you fall into
    as it can affect what you choose to buy

    First Group

    These are the buyers who are happy to purchase a resale Town Home from around $350k and a detached villa/pool home from $450k which probably needs attention to bring it up to the standard we would expect to achieve a good rental return

    They are likely buying outright or with very little finance, if any at all. They will spend extended periods in the home, possibly staying for a few weeks here and there and leaving the rest of the calendar free to generate income throughout the year.

    This type of buyer is not necessarily concerned about being in the prime locations and will generally choose the house as opposed to the development. They are likely to achieve between 25 and 30 weeks rental income and are happy that they use the home a lot themselves should they wish.

    Second Group

    The 2nd group has a very similar budget to the first group but require as much income from the home as possible. They are normally borrowing a significant amount of the purchase price and are likely to need 36 to 40 week’s rental to make the home pay its way.

    This is very achievable and still leaves plenty of time for the owner to use the home themselves.


    Third Group

    This is the buyer who wants maximum income from their home. It would be foolish of this buyer to try and cut corners. The property must be in the most desirable rental developments, the location must be right and the home must be well presented. It doesn’t have to be a brand new home but it must have a WOW FACTOR. It should also have some, although not necessarily all of these additional features.

  • Upgraded Furniture
  • Flat Screen TVs
  • Extended Pool & Deck
  • Spa
  • Games Room
  • Conservation View
    •

    This buyer is not likely to find a home below $350k but they will find excellent properties above this figure that do rent out extremely well. The typical budget within this group would be $450k plus and the home will produce between 30 and 40 weeks rental occupancy year on year.

    Fourth Group

    This is the buyer who wants the higher end home and although they welcome rental income to offset running costs it is not a necessity. They are happy to block the home for extended periods for themselves or their families and friends.

    They will still want all of the additional features which are listed above. More often than not they are cash buyers and 25 weeks rental income will normally cover all costs associated with running the home and still leave plenty of weeks for their own use.
    Find out more about how your home is rented here
    Click Here To View Our
    Rental Site
    Find out more about how your home is rented here
    Click Here To View Our
    Rental Site
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    Tel: 0845 260 2144

    pauline@orlandohrh.com
    Orlando Holiday Real Estate

    1 Childwall Priory Road
    Childwall Fiveways
    Liverpool L16 7PA

    Orlando Holiday Real Estate. All Rights Reserved
    Telephone number to call us tel:+44-0845-260-2144