18/11/2020

Reactivation of the Real Estate Market. Investment Opportunities in Orlando

 

Definitely that the real estate sector is one of the strongest, most stable and profitable economic pillars in the world.

One of the cities that demonstrated stability and growth during the pandemic was the City of Orlando in Florida - United States.

It is important to note that this city has had a great increase in the real estate sector of 100% in the last 8 years, especially in new constructions, which represent USD $ 4.2 Billion until 2020 (that is, USD $ 30 million in construction every day in Orange County).

The pandemic, of course, came and hit Orlando just like the entire world, but its housing market has not slowed down, in fact, in October, home sales in central Florida rose 25% compared to the same period last year. This period of pandemic has resulted in the inventory of developers being extremely low this year, but even so, sales have continued to increase in recent months. (At the moment there is a great demand for inventory, having more buyers than real estate offers in the market).

Without a doubt, Orlando is unique and shows us that it is one of the best markets to invest right now.

For this reason, our CEO Jose Boyd traveled to Orlando Fl., where he attended multiple meetings with personalities from the real estate sector, strengthening alliances, visiting projects (ready to occupy and under construction), among others, to know and understand first-hand market behavior "during and post pandemic" in order to offer our clients the best and most attractive real estate investment opportunities in this city, which has undoubtedly become the # 1 tourist city in the United States with more than 70 million visits in 2019, being the second fastest growing economy in the United States, therefore, it currently generates high consumption values ​​and real estate profitability, both in vacation rentals and in the purchase of Vacation Properties for the investment, where Latin American buyers represent a high percentage of international sales.

At this juncture of a trip made by our CEO, we took the opportunity to present the project "THE GROVE", one of the incredible real estate investment options offered by the fantastic city of Orlando, located just minutes from the Disney theme parks.

The Grove is a resort style “Vacation Properties” master plan that includes turnkey 1, 2 and 3 bedroom furnished vacation condo options, ideal for real estate investment.

In other words, the owner will be able to enjoy all the amenities of this fabulous resort and at the same time will be able to generate profitability through the short-term rental program which is managed by The Grove team, it is an all-in-one (they are in charge from the furnishing, care of the unit, rental program, even the required monthly and / or annual real estate taxes and fees). It is what investors and buyers are really looking for, to simplify and diversify their assets, obtaining greater profitability.

This project is incomparable, it contemplates the largest and most fun water park within the vacation projects in all of Orlando. It has a lazy river over 800 feet, amazing dual flow slides, game room. It's a great facility!

At The Grove, everything is taken care of for customers and owners, from cleaning service, room service, restaurants, bars, water park and much more, offering everything guests need to make their stay pleasant and simple, providing a fantastic experience for investors and visitors.

And of course our CEO had a phenomenal experience during his stay in Orlando.

We want to thank the entire Team at The Grove for providing first-rate service and excellent hospitality as hosts.

 

If you would like to know more about “The Grove” and the investment options… Contact us!

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