All Properties Are Not Equal: Orlando Real Estate Investments
Five years ago, single-family homes were a sure-fire moneymaker. In stark contrast, today's real estate market calls for a savvy investor. Now that single-family homes constitute a buyer's market in many major cities in the U.S., it pays to think outside the box and embrace new investment opportunities in locations that will pay returns. Orlando, Florida real estate investments constitute one such opportunity.
It's no surprise that Orlando, Florida is such a desirable destination. After all, there are 95 family-friendly attractions (think Disney World, Universal Studios, and Sea World, for starters), 4,500 restaurants, and over 200 golf courses. Over three-quarters of visitors to Orlando cite leisure activities as their primary reason for visiting. So, when it comes to Orlando real estate investments, the fruit is ripe for picking.
The Best Orlando Properties
When it comes to Orlando real estate investments, all properties are not equal. Homes, town homes, and condos are akin to Real Estate 1.0. The latest version - Real Estate 2.0, if you will - is the condo hotel resort. For investors, the condo hotel resort is the best of all worlds, in that it allows you to generate rental income from your unit when you are not using it. Plus, a condo hotel resort has many desirable features beyond living space, such as retail stores, restaurants, pools, and so forth.
A perfect example is Orlando's Blue Rose condo hotel, set to break ground in late 2007 and be completed in 2009. With pre-construction investments already underway, the Blue Rose plans over 250 condominiums and over 1,200 designer-furnished condo hotel suites. These include high-end luxury studio lofts, one- and two-bedroom units, and penthouse suites that will range from 570 to 3,000 square feet.
The Blue Rose will be a full resort, complete with a Swan Lake Promenade, European cafes, themed restaurants, private pool cabanas, and a 1,000-seat theater with two productions daily.
Investors in condo hotel resorts can use them as a straightforward investment property, or can enjoy them as a vacation home. Condo hotel resorts typically assume responsibility for rentals, management, and maintenance, removing the headaches and hassles often associated with buying rental investment property.
In sum, Orlando real estate investments are wise in the current real estate market, but some investments will bring a greater return on investment than others. Condo hotel resorts, such as the Blue Rose, are the new wave of real estate investment opportunities.
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About the Author
+Chris Robertson is a published author of Majon International. All Rights Reserved. Copyright 2013 (Fri Mar 09 2007) Majon International. Majon International is one of the worlds MOST popular internet marketing and internet advertising companies on the web. Visit their main business resource internet marketing web site at: http://www.majon.com