Posted on November 4, 2016
So you’re looking at investing in the Florida property market and you’re wondering if it is the right location for you? You need to consider important things like, return of investment, maintenance costs, ease of access and tax laws etc.
Well, that’s a given for any major investment, like stocks or shares, purchasing vineyards or placing a hedged bet on classic cars, investments can go up or down depending on the economy and what is in fashion. Property is though a little different, and since the lows of 2011, Florida has seen some real growth and opportunity for investment potential.
Instead of going through the usual stuff you can find in a brochure or google search, why not let us help you with some more fun reasons of why Florida is perfect for your financial investment.
Florida has some of the best outlets when it comes to food. With a rich history of hispanic, French and Italian immigration, as well the traditions of neighbouring states such as Georgia, Alabama and Mississippi, Florida has some rich and beautiful creations that any visitor, and resident gets to enjoy.
There is the cubano sandwich, made famous in the film, Chef; a traditional cuban street food that has found fame and much favoured taste in the state. The key lime pie is also, a world famous dessert, and only available in Florida.
Seafood lovers can enjoy beautiful pink shrimp, juicy crab and wonderful sea caught fish make all the difference in this wonderful state.Finally, for those that love their drinks, don’t forget, Florida is the state of the Margarita; who doesn’t love a cocktail or two by the pool?
Well, the NFL has three teams in Florida, but what about college football? It’s arguably more exciting, the rivalries more intense and the games easier to watch and see from many a sports bar, or satellite dish.
There are three main college teams in Florida; The Florida Gators, Florida State and the Miami Hurricanes. All three teams have bred their fair share of NFL champions and even film stars from the sport. Think Dwayne ‘The Rock’ Johnson, Ray Lewis, Jim Kelly and so many more. If you want to understand the game of Football, you can’t go wrong with college football, and you can’t go wrong with the college game in Florida.
With an average of 246 of sunshine, little to no snowfall and a sub tropical climate in the warmer summer months, Florida is a great location for those that want the warmer, all year summer time climate.
There’s a reason why there is the winter migration from northern states to Florida; the weather, and the local communities buzz with this. It’s not just the elderly though that migrate in the winter months. Spring break in locations like Fort Lauderdale and Miami beach are the havana of spring time.
With aeronautics, finance, e-commerce, leisure, travel and sport entertainment based economy, Florida as a state has a wealth of diversity that makes the difference to property types of investment.
A strong economy breeds consumer confidence and provides benefits in terms of infrastructure, development opportunities and general growth in the area. As the nation’s fourth largest state economy, Florida is a strong investment opportunity.
With over 1,000 kilometers of beaches, nearly 2,000 kilometers of shoreline and a mixture of golden to beach white sands, great surf and water sport conditions, Florida really does have the spoils as a location with beaches.
Beaches are of course perfect locations for parties, get togethers, weddings and investment opportunities. With nearly 40% of the economy based on leisure and tourism, Florida’s beaches are well maintained to keep the appeal and living standards high in such a wonderful part of the country.