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Reasons to invest in Florida: is it worth it?

According to research carried out in recent years, and information published by the Ten-X portal, among all the major US states, the leader in the real estate market is, without a doubt, Florida. Popular not only in the United States but around the world, Florida is the dream state to live in.

In addition to the major tourist attractions, such as Disney, Winter Park Village and Kennedy Space Center, for example, the weather is also perfect. Therefore, Florida has become the ideal place for those who have a suitable budget and want to invest in the real estate market.

If you have been studying this subject for some time, you should agree with us. But if you still have doubts about whether or not it’s worth investing, how about checking out all the reasons we present to you below? Keep reading and find out.

American real estate market: reasons to invest in Florida

The reasons listed below are valid both for buying a ready-made property and for building a property completely from scratch. This is because both decisions involve some factors in common and that directly influence the results of your venture.

We also need to point out that all the reasons and tips were selected in a general way, that is, some may make more sense to you, others not so much. Either way, it’s worth checking them out one by one. Let’s go?

The reduced cost

Before the 2008 economic crisis, the amount of real estate present in Florida was enormous. However, with the economic instability and financial challenges faced in that period, the price of real estate fell reasonably. Years later, while the country is recovering from the effects of the crisis and the banks still maintain some restrictions in relation to credit for purchase, it is possible to find properties in the state with a very low price.

Rent is an ongoing and valuable income

We need to remember that we are talking here about one of the most visited states in the world, with universally known tourist attractions. Therefore, the search is not always for properties for purchase, but for rentals for seasons. After all, very soon your tenants will return home and your property will be available again.

For those who work in the real estate market as their main investment, building or buying real estate in Florida is the right choice.

The perfect weather

Unlike many US states that deal with weather instabilities and very cold periods during the year, Florida is paradise itself. With a mild climate that lasts all year, sunny and warm days and a very mild winter, it’s always the right time to visit.

Temperature fluctuations, which are not a reality in Florida, are an external factor that will not affect your return on investment at all. If your goal is to increase the value of the property, look for it high and even generate a good income with seasonal rentals, this is yet another reason to invest in this state.

Excellent infrastructure

Have you noticed how cities and tourist states have an impeccable infrastructure? This is a result of the high investment and financial movement that takes place in these places. This benefit can be enjoyed by those who invest in the purchase or construction of real estate in the region.

Florida, for example, is one such state.

Low crime rate

When we talk about a place full of tourist attractions, we are also talking about a high flow of people, a huge commercial center, investments in the maintenance of public spaces and, consequently, a high investment in security.

In the ranking of the most dangerous cities and states in the United States, Florida and, of course, Orlando, are far from the top positions. The state still cannot be considered the safest to live in, as Maine is, but it has one of the lowest crime rates.

It is among the best places to live

The whole set of characteristics and external factors, which influence the quality of life in Florida, make it one of the best states to live in the United States. In most of the best city rankings, Orlando stands out and, almost always, in the top three positions.

After all, who wouldn’t want to live in a place where real estate costs less, the weather is always pleasant, fun is just a few minutes away and safety is guaranteed? So, if your goal is to build and sell real estate quickly, Florida is the ideal place to invest due to the high demand.

 

Is that you? Have you invested in the Florida real estate market or another state? Share with us your experience and why you recommend the venture or not. We want to know your opinion!

 

Did you like our content about reasons to invest in Florida? Then read also: Condo vs. Single-family home: which one can provide you higher rental incomes