Investing in New Port Richey | Property investments in Florida
This hot-property in New Port Richey is a 65,68 m2 (708 ft2) condo-apartment with 1 bedroom and 1 bathroom, and it comes already furnished with heating system, washing machine, dryer, fridge, oven and smoke detectors.
It is located inside a modern and well connected residence, complete with a private garden, a parking and a swimming pool for the tenants, and the first year of Property Management is for free.
This condo-apartment, net of property taxes and service charges, generates an annual income of 5.499 $, namely with a rate of 6,66% on the investment of 82.500 $, in line with the other advantageous real estate investments we propose in Florida.
New Port Richey is a centre situated to the North of Tampa, on the West coast of Florida, and it offers nature, ocean and first-class services to its residents. It counts numerous restaurants, clubs and malls, and hosts several cultural festivals and initiatives.
The attractions, the pleasant climate and the close location to the neuralgic centre of Tampa, make it a sought-after and suitable tourist destination, a sound option for making a property investment.
If you wish to make a medium term investment, this property is a good and safe option, in particular taking into account the competitive purchasing conditions and its medium-high international attractiveness.
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 looking for a tenant to collecting rents, from advisory services to due diligence and compliance, from paying condominium fees to paying Property Tax, 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|