Invest in Lauderdale Lakes | Real estate investment in Florida
This condo-apartment measures 55,74 m2 (600 ft2) and is located in a residence in Lauderdale Lakes, sports 1 bedroom and 1 bathroom, and it is already furnished with air conditioning, ceiling fan, heating, oven, smoke detector, fridge, dishwasher, washing machine and dryer, and the first year of Property Management comes for free. On top of that, the residence in which it is situated offers to its tenants a wonderful reserved garden, and an exclusive swimming pool.
This property generates an annual net yield of around 6.480 $, namely with a net yield rate of 7.36% on the real estate investment value of 88.000 $.
Lauderdale Lakes is an urban centre belonging to the Fort Lauderdale and Miami metropolitan area. Its strategic location makes it a very interesting location, if you wish to invest in the American real estate market. Fort Lauderdale is indeed a highly prized yachting and golfing destination, drawing about 12 million tourists interested in those sectors, serving as a hub for countless conventions, conferences and tournaments, and also as a major node for cruises and yacht races in the Caribbean area. It is very well prepared for accommodating such large number of high tier tourists: it hosts around 560 between hotels and motels, more than 4.000 restaurants, 63 golf courses, 1.000 marinas with a stunning number of 45.000 yachts, and one of the largest convention centres of the whole United States of America, with a surface of 600.000 ft2 (55.742 m2).
A few miles away, eventually, lies Miami, a city with the 8th largest US metropolitan area in terms of population, with more than 6 million inhabitants, an iconic location that draws tourists and enterprises from all over the World.
If you want to make a real estate investment, choosing to do so in Lauderdale Lakes is an excellent option. Taking into account the good revenue, the competitive purchasing condition, compared to the local market average value, and the medium/high international attractiveness of this location, this real estate is a solid medium term investment.
We offer to our investors the chance to buy properties with a high and safe yield. These are homes already rented in markets, such as Florida’s, which are registering a constant growth. We offer a complete assistance on the investment: from accountability, fiscal and legal services needed for opening and renovating a company, from the domiciliation to the Registered Agent, from opening bank accounts to sending documents, from Property Management to planimetric survey, virtual tour and aerial footage, from supervising the renovation works to site inspection, from paying condominium fees to paying Property Tax, from looking for a tenant to collecting rents, from advisory services to due diligence and compliance, without forgetting the Net Asset Value property analysis.
|NY= Annual Net Yield||0-2,5%||2,6-5%||5,1-7,5%||7,6-10%||10,1-12,5%|
|CG= Most Capital Gain expected||Long term||Mid/Long||Mid||Mid/Short||Short term|
|SFP= Sq. ft Price: OPISAS vs Market||Poorly competitive||Mid/poorly||Mid competitive||Mid/high||Highly competitive|
|CC= Purchase/Management costs Convenience||Low||Mid low||Mid||Mid/high||High|
|IA= International Appeal||Low||Mid low||Mid||Mid/high||High|