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Investors
Information
Demand for real estate in Daytona Beach and A1A never seems to decline even as real estate prices continue to soar. On the contrary, the number of investors interested in acquiring property in this area continues to grow. Real estate agents are hard pressed to find adequate inventory to meet investor demands for condo's, homes, beach houses, lots and commercial property. It's not uncommon for new developments to sell out within hours of the time they're announced. Judging from supply and demand, your investments are most likely to rise rapidly in value for some time to come. PRE-CONSTRUCTION Pre construction investing has been popular with many condo investors. Investing in new developments on a preconstruction basis allows investors to reserve a condo unit prior to construction with little or no cash required at signing. As construction progresses, one or more additional payments may be required but the bulk of the purchase price is not due until construction is complete. Some pre construction investors have found that upon completion, their new unit was valued much higher than their contract price creating immediate and substantial equity. Some gains have been spectacular in relation to the amount of funds invested. Real estate price appreciation has been greatest for ocean & river front properties, followed by other waterfront and golf course investments. Real estate along A1A has also appreciated at an impressive rate. To learn more about Daytona Beach and Miami area real estate opportunities, including pre construction investing, contact Renee today. ![]()
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![]() CONDOTELS In general, these units can be purchased for your own use or rented to the general public during the seasons. Most condotels have a minimum stay, allowing you to maximize your rental income. The most prestigious hotels evolve into the best condotels, offering luxury and plenty of amenities to attract repeat customers. Often, guests book their favorite condotel room on their anniversary every year. Since each condotel unit is independently owned, you can decorate your investment in any way you wish - you can choose a tropical theme or any theme you desire. ![]() ![]() ![]() ![]() If you want a REALTOR® who knows your area, and can get the job done - Call Renee 'for that personal service you deserve from start to finish'.
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