Real estate in New Port Richey | Property investments in in Florida
This hot-property in New Port Richey is a un condo-apartment of 62,43 m2 (672 ft2) with 1 bedroom and 1 bathroom, already furnished with air conditioning, ceiling fan, heating, washing machine, dryer, fridge, oven, kitchen stove, dishwasher and smoke detectors.
It is located in a modern and well linked residence, that sports a reserved garden and offers to its tenants a swimming pool, and on top of that the first year of Property Management is for free.
This property, net of property taxes and service charges, generates a net revenue of around 4.982 $, namely with a yield rate of 6.15% on the 81.000 $ of the investment value.
New Port Richey is a centre 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.
All these amenities, combined with a pleasant climate and the proximity to the strategic centre of Tampa, make it a sought-after and convenient tourist destination, a sound place to make a property investment.
If you are willing to go for a medium term investment, this property is a good and safe option, in particular taking into account the competitive purchasing conditions we offer compared to the local market average values, 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 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|