Orlando is leading Florida out of recession and is poised to push aside Miami as the States fastest growing Metropolis in a generation

Orlando, the city best known for its universally renowned theme parks, is poised to push Miami aside and become the states fastest growing metropolis for a generation as it helps lead Florida out of recession.

Loxley McKenzie Managing Director of www.colordarcy.com
said, "Orlando is growing at an unprecedented rate and many leading economists are predicting that such is its growth spurt that it will eclipse Miami on income and output. It is clear to see that Orlando's economy is becoming more diverse than Miami's as it has established greater ties with the global economy compared to Miami which is essentially the business hub most associated with Latin America.

Furthermore, the legacy of the world recession which dramatically deflated property prices in this region has had a diverse affect with many companies now looking to relocate here. There is bargain real estate to be had, economical business sense in abundance and the icing on the cake, in the fact that Orlando offers direct flights to almost anywhere in the world."

Dr Sean Snaith Director of the University of Central Florida's Institute for Economic Competitiveness sees Orlando and central Florida as "the new breadbasket for the state." He also went on to say, "It's the location in the state that's going to have the most growth in the next decade or two."

Encouraging words indeed and further endorsed by recently released figures showing an increase on the previous year of 23,000 jobs in the Metro Orlando area which is half of the total for the entire state of Florida!

Colordarcy are currently marketing 'Mandalay on 4th'in Florida. There is a selection of studio, one and two bedroom fully tenanted, fully managed properties 70% below their 2008 prices offering yields of between 6% to 8%.
Set in 12 acres of wildlife preserve just 5 minutes drive from St Petersburg/Clearwater Airport, these apartments are also ideally placed being only 20 minutes from numerous Gulf coast white sandy beaches. The development offers an array of facilities on site and combined with its superb location it has all the ingredients of a first class investment/buy to let property. Prices start from just £28,000.


www.colordarcy.com
0207 100 2393