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Property in Florida

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Why We Do What We Do!!

By | News, News Category 1, News Category 2, Property in Bulgaria, Property in Cyprus, Property in Dubai, Property in Florida, Property in Georgia

Redland Property Group  vs Estate Agents – Whats the difference!!!

We have worked in overseas property investment for over 16 years now, and seen a lot of high and lows, market trends, a lot of good, and a lot of bad, so its far easier for us to spot a good deal that ticks all the boxes, and equally easy to spot a bad one, which is why you will not see us selling in markets like mainland Spain, Greece or Portugal for example.  All these countries are at historically high prices with 90% of buyers being foreign owners, so no local market to support the high values, all of these countries have very modest economies, and that’s being generous, so when Brexit happened, these countries that rely so heavily on EU handouts, are going to really feel the economic pinch, add the fact that France wants to leave and you could see an almighty collapse of the EU as we know, one thing that is guaranteed, is the property markets in these over inflated territories, will suffer immensely.  Now add COVID into the mix and the fact these countries that rely so heavily on tourism have barely had any, and yes you guessed it, one almighty property crash in on the cards.

 

So we investing into these now is investment suicide.  But then take some of the emerging markets, or countries with strong and stable economies or distressed markets that have re adjusted their prices so locals and foreigners can buy alike, the risk here is far more minimal, as you are buying at the right price, BUY LOW, SELL HIGH, cheesy maybe, true, without a shadow of a doubt.

 

So the markets we specialise in fall into those three categories

 

EMERGING

North Cyprus

Georgia

Thailand

Egypt

Montenegro

 

DISTRESSED

Bulgaria

 

STABLE

 

Dubai

Abu Dhabi

USA

Mexico

 

Each of these areas has great potential, especially those in the emerging markets, where economies are new and not based on heavy debt, over inflated property markets, less lending, these markets can survive things like covid far easier, as they have less debt, they are far more self sufficient, as, they have been surviving modestly for years, now that may not always be the case, as economies grow they may fall into the lending, credit and over inflation I mentioned earlier, but that wont matter to you, and our other clients, as you bought at the beginning, so if you pay £60,000 for a one bed, it rises to £150,000 in 5-6 years, but then suffers some form of economic downturn, properties drop by 30%, your still well in the black.

 

The more stable economies, namely Dubai and Florida, two of our best sellers, will always be popular, yes Dubai suffered previously during the last global recession, but it recovered, and is out surpassing what it did before, because they leant, and introduced safety features such as the RERA organisation, protecting its investors, it also has one of the strongest rental markets in the world due to lack of mortgages for foreigners etc, but we have option of developer payments plans to help our clients purchase.

 

Florida is seeing one of its biggest property booms of all times, with a waiting list for builders now over 14 months, take a look at the following link

 

https://www.floridarealtors.org/news-media/video-library/learning/august-sales-stay-super-hot-inventory-still-tight

 

With regards to distressed market like Bulgaria and Egypt, these are much more longer term investments, mainly due to a huge saturation of properties built there over the last decade, but, the prices are fair, you can get a lovely bargain in the sun, gain some rental yield while prices stick steady until their relative economies continue to grow.

 

So I hope this gives you a much broader overview that we are not just simply an estate agent selling whatever we can to make a quick buck, but a well thought out, educated and experienced property investment company, which is why we have the best possible scored for any agent on Trustpilot, the UKs leading independent review website.

 

https://uk.trustpilot.com/review/redlandpropertygroup.com

Florida land investment opportunities

Why buy land in South West Florida

By | Land, News, News Florida, Property in Florida

Why Buy Land In South West Florida

 

We first started selling overseas properties over 15 years ago and have now sold houses, land and apartments in over 30 different countries and lived in seven.  Over that time we’ve been educated in a number of different types of property investment, the two main areas and the most popular, are buying cheap in an emerging market with a view to the economy and property market going through a phase of relatively quick expansion or buying in a distressed market, that’s now on the road to recovery.

 

So, the land lots we are selling in Florida fall into the second category.

 

Around ten years ago, Florida and indeed the whole of the US went through one of its worst financial crashes in its history, and prior to this, many counties in Florida had already been ‘Zoned’ into residential building lots, see pic below

 

 

Now the majority of these lots were bought and owned by large property developers or land owners, buying on finance (as was the norm in the US at the time) with a view to developing them at a later date, following on from exactly what areas like Orlando and Miami had done so successfully in the past, however, the ‘credit crunch’ then hit the US hard, and Florida was hit even harder than most.  So you are left with situation whereby developers and private owners can no longer afford the loans they took out to buy the lots or build the developments they had planned, so the banks had no choice but to step in a re-possess these assets.

 

This means the banks are now sat on literally thousands of lots, without a clue what to do with them, banks lend money and make profits from interest rates, so it’s not in their interest to sit on so many tangible assets.

 

Now during this time, a number of cash rich investors, with the idea that Florida ALWAYS recovers, went along to the banks and started buying the lots back for next to nothing, the banks were happy to clear their books and these savvy investors, happy to spend a bit of cash and sit back for a few years, secured themselves some pretty nifty deals.

 

So that leads us to a stage whereby these land owners, are selling off the lots they bought, making a sizable profit as they do so (due to the minuscule prices they originally paid) but still way, way, way below the current markets high of 11/12 years ago, the majority of the lots we are selling around Charlotte and Lee Counties, have historical values of between $25,000-$35,000, and there is nothing to suggest they won’t reach these values again and then continue to rise after that.  Let’s not forget, love or hate Trump, the guy knows he’s real estate, and it’s a fact that the USA currently has its lowest unemployment rate in 58 years and its strongest economy in 20 years, so things are on the rise again.

 

So, it doesn’t take a genius to realise that these lots WILL increase in value as things continue to boom.

 

Another little snippet of just how exciting this area is and what I believe is stone cold concrete proof of this areas potential, is the new Sunseeker Super Resort in Port Charlotte, literally 5-10 minutes from the majority of our lots, this is a $600,000,000 resort, being built by Allegient Airlines, one of Americas biggest low cost airlines.  Now blue-chip companies DO NOT build $600,000,000 resorts in areas that they are not 100% sure are going to develop into something special and you can see the resort for yourself on the following link

 

https://www.google.com/search?q=sunseeker+resort+port+charlotte&rlz=1C1CHBD_en-GBGB723GB723&oq=sunsee&aqs=chrome.0.69i59j0j69i57j69i59j0l2.3903j0j7&sourceid=chrome&ie=UTF-8

 

So a few bits about owning land there, the only on-going costs are land taxes, in south west Florida, they have some of the lowest land taxes in the whole of the US, and you would pay between $150-$250, this is the only ongoing cost you would have to incur and is easily paid annually through the government website.

There are no time frames on when or even if you build, all lots have residential planning permission for single family properties, no foreign ownership rules (unless you reside in a country with links to ISIS) and all closings are done via a licensed US title company, who work un government jurisdiction, who will also issue you with freehold titles deeds and title insurance upon closing of your lots.

 

So all in all, we believe you will find hard to find such an affordable, low risk property/land investment with the potential to double, treble or quadruple in value, anywhere in the world at present, which is why our lots sell so quickly and the majority of our buyers come back for more.

Worst case scenario, you are still left with a low cost, tangible asset you can use yourself, with no debt, completely freehold and easily transferable to loved ones.

 

So to grab yourself a bargain, click on the following link https://redlandpropertygroup.com/south-west-florida-land-lots-from-just-5995-total-cost/

Florida property- Redland Property Group

Orlando, Florida – Hotel Investment – 10% NETT Yields

By | Buy To Let, Hotel Rooms, News, News Florida, Property in Florida

We are very happy to announce that we have now teamed up with one of the leading hotel operators in Orlando, Florida, to offer our clients a tremendous hands off investment opportunity in one of the best buy to let markets on earth, 10 minutes from Disneyland.

Investors earn 8% Guaranteed NET Rental yields per annum. Buyers can also take advantage of 4 weeks personal usage per year, or rent it privately to boost their yield even higher.

With full room prices starting from just £53,000

Request Full Project Details

Land investments- Redland Property Group

South West Florida Land Lots From Just $11,995 Total Cost

By | Distressed, Land, News, News Florida, Property in Florida
  • Purchase from just $11,995 per lot
  • Freehold Title Deeds
  • Large Capital Growth
  • Residential Planning Permission
  • All Lots Are Minimum 7500 – 20,000 SQFT

 

The plots are situated in the Heart of South West Florida, one of the fastest growing areas in the whole of the USA. With direct access to local schools and amenities, the plots are ready to be built on and has all services available, ie. Water, electricity, water and sewage. The area also has phone lines and internet connections available.

All of our plots come with full residential planning permission for single family properties, however, there are no time frames on when or if to build on the lots.

All lots come with full title insurance and all funds are sent directly to the US title companies Escrow account (copies of their license available on request) who have worked under government license for over 28 years.

There are no restrictions on foreign ownership and discounts can be discussed on multiple purchases. You can also buy from the comfort of your own home, so no need to travel.

If you are looking for your own little piece of Florida, for either your dream home abroad or want to ability to double your money in the coming years, with extremely limited risk, then this is the deal for you.

The Redland Property Group have exclusive contracts with some of Florida’s largest private land owners, until recently we simply supplied the local agents and developers, however, as we continue to grow, we are now in a position to offer the same deals and prices to private investors here in Europe and beyond.

There are no hidden fees, the price you see is the price you pay, there is a $1000 closing fee which includes full freehold title insurance.

We have many lots available so please inquire as our availability is changing on a daily basis

Request Full Project Details

Sunseeker Resort- Redland Property Group

Charlotte County welcomes Allegiant Sunseeker Resort

By | News, News Florida, Property in Florida

The $600 million project will create the tallest buildings in the county. The company promises 500 full-time jobs.

CHARLOTTE COUNTY — The only thing missing at the groundbreaking for Allegiant Travel Co.’s $600 million Sunseeker Resort was the sun.

Under a light mist Wednesday morning, company and county officials dug ceremonial golden shovels in the sandy soil along Charlotte Harbor to signal the start of construction on the company’s first full-service resort.

Phase 1 of the project is expected to add 510 resort hotel rooms and 180 one-, two- and three-bedroom extended stay units in three nine-story waterfront towers. Sunseeker Resort will also feature 17 restaurants, bars and cafes and a harbor walk along the 22-acre property.

“It’s not only Charlotte Harbor but it’s the entire community that’s going to benefit from this,” said County Commission Chairman Ken Doherty, noting that a redevelopment district paved the way in 2005 for a project of this scope and size.

Sunseeker will have the tallest buildings in the county and will tower over the mostly residential and business area on both sides of U.S. 41 near the foot of the Punta Gorda bridge. The resort will dramatically alter the skyline along the Port Charlotte side of the harbor, which is a nationally protected estuary.

Allegiant promised to bring 500 full-time jobs once Sunseeker opens in the fall of 2020, mostly in the hospitality industry and service sector to staff the restaurants, hotels and retail development along the waterfront. Company officials said they are working with area schools and colleges to fill a demand for workers.

Allegiant Airlines’ investment in Charlotte County has already paid huge dividends, as the airline’s expanding operations allowed the Punta Gorda Airport to set a traffic record of 1.58 million passengers in 2018.

“It’s a big step, but the investment is going to be worth it,” John Redmond, Allegiant Travel president, said at the groundbreaking.

Allegiant serves seven airports in Florida, bringing 8 million passengers to the Sunshine State. Allegiant also flies into St. Petersburg/Clearwater and just started operating out of Sarasota-Bradenton International Airport last year. It also flies into Orlando Sanford east of the Disney area.

Charlotte County continues to grow, albeit a little slower than neighboring Sarasota County to the north and Lee County to the south. The county’s population grew 13.8 percent to 182,000 in 2017, up from 160,000 in 2010, according to Census Bureau estimates.

Company officials said they were faced with a lack of familiarity with the Charlotte County area when they searched for funding, getting some familiar questions: Punta Where? Port What?

“It’s part of the DNA of what we do,” said Redmond, who is a former MGM Grand official. “We have never done the obvious in our history. That’s what makes us so successful. This will be the most successful non-gaming hotel anywhere.”

Initially, Sunseeker was announced as 720 condominiums and a smaller 75-room hotel but Allegiant officials changed the mix of the project to hotel and long-term rentals after researching the market, according to a Herald-Tribune report in October 2018. A proposed 1,000-foot-long resort pool is on hold, and three acres adjacent to Sunseeker may be developed in future stages.

The waterfront hotel rooms are expected to start at $175 a night, with “Sunsuites” renting from $249 to $499 a night, according to a kiosk in the resort’s new welcome center along U.S. 41.

The Sunseeker development is less than a mile from downtown Punta Gorda, which has experienced a revival in recent years by adding several full-service hotels and numerous restaurants and bars in the waterfront city.

The city of Punta Gorda has rebounded beautifully after being decimated by Category 4 Hurricane Charley in August 2004. The city also hopes to be a partner with the resort, providing amenities and attractions for Sunseeker’s guests.

“I think this is a wonderful addition to Charlotte County,” said Patti Allen, general manager of Fishermen’s Village across the harbor in Punta Gorda. “I believe that it’s really going to put Punta Gorda and Port Charlotte on the map.”

 

c/o The Herald Tribune