The Only way is up!

'The only way is up' is probably the best way of describing the future of the Florida property market. This recession hit market has certainly been dealt its fair share of 'losing hands' in recent years but now there is an air of anticipation as more and more investors are taking advantage of such low prices.

Loxley McKenzie Managing Director of www.colordarcy.com said, "When property markets are hit as hard as Florida has been there comes a point when the negative energy borne out of the recession quickly turns into a positive and that is what we are experiencing now. Prices are literally so low that investors are snapping up bargains in what was probably until recently an unaffordable market to them."

Milan Apartments, just 8 miles from downtown Orlando with such attractions as UCF, Universal Orlando and Disney World is one such investment. Milan Apartments is a gated community and offers a selection of one, two and three bedroom apartments starting from just £43,000. These apartments have experienced a reduction of more than £70,000 over the last few years and are now available with tenants in situ and a 2 year rental guarantee in place. Furthermore there is a free property management programme for the next 2 years and anticipated net yields in the region of 7.84% to 8.77%.

The Milan Apartments complex offers an array of features including, a large spacious clubhouse, with meeting area, conference room, state of the art fitness centre, landscaped grounds and communal swimming pool and spa. The apartments are lavishly appointed and there is the option of a first floor private patio or second floor solarium. There's generous nine foot ceiling heights, great storage and upmarket kitchens that include frost free refrigerator, with icemaker, microwave, stove and dishwasher. Bathrooms come with large Roman tubs. Furthermore there is the Wekiwa Springs state park close by which offers over 7000 acres of wild scenery.

Loxley continues, "Such has been the interest in Milan Apartments that there are now only 20 units remaining. The purchase process is simple and investors can reserve units with just a £3,000 deposit upon which they will receive a purchase agreement document and a fortnight later the vendor's legal department prepares the final documentation. It really is as simple as that."

One bedroom apartments start from £43,000, two beds from £58,000 and three beds from £64,000.


www.colordarcy.com
0207 100 2393