Just a few miles south of Orlando, you will find the beautiful small town of Davenport, Florida. Located 10 miles west of Walt Disney World with ample shopping and dining and a small-town feel, Davenport is a popular area for Vacation homes investments.
One of the main reasons Davenport is quickly becoming the destination for vacation travelers is because of its great Central Florida location. The town of Davenport has convenient access to both Interstate 4 and US Highway 27. This makes it easy for vacationers to drive to Disney, Universal, Sea World Orlando, and Legoland.
Plus, Davenport is only 30 miles from Orlando and 54 miles from Tampa. Both major cities have international airports so there are more travel options to choose from.
Activities to Enjoy in Davenport
Visitors to Davenport will love the small-town charm. A favorite local business is Webb’s Candy Factory where you can purchase hand-made gourmet candy and treats. True Blue Winery is another spot to try where you can sample Florida blueberry wine with a bistro style meal.
Explore activities that will connect you to Florida’s natural habitat in Davenport too. A trip to to Fossil Funatics will give you the tools to search for fossils in the local river. Or take a hike on one of the many nature trails in the area and see some of Florida’s wildlife up close.
Davenport is also a golf lover’s dream! Because of the small rolling hills and tons of green space, multiple golf courses are available for a tee time. Some of the courses are even designed by world famous golf champions. Here are a few of the golf courses in Davenport:
- ChampionsGate Country Club
- ChampionsGate Golf Club
- Highlands Reserve Golf Club
- Providence Golf Club
- Ridgewood Lakes Golf Club
Shopping fanatics will love how close Davenport is to many malls and retail spaces in Orlando like Disney Springs and the Premium Outlets. However, right in Davenport, at Posner Common’s Mall, you can find many national brand stores to shop at. There is also an IMAX theater at the Cinepolis Cinema so you don’t have to travel far to catch a movie on the big screen.
Davenport Real Estate Investment
Because of the rise in popularity of Davenport as a place to stay while on vacation in Central Florida, investors can choose from multiple home communities as a result. Many of these communities were built specifically to cater to vacationers who visit the area for the theme parks but want more affordable accommodation options.
Furthermore, Davenport is zoned as an area that allows short-term rentals. This allows owners of vacation homes to rent their property out to other vacationers when the home is vacant. This gives owners the opportunity to earn additional income on their investment.
There is plenty of fantastic inventory in Davenport whether you are looking for single family vacation homes, super-sized vacation homes, townhomes, or condominiums. The town of Davenport has each home style to choose from so you can pick what’s right for your investment and lifestyle.
Some of the communities to choose from in the Davenport area are:
- Regal Palms
- Highlands Reserve
- Sandy Ridge
- Legacy Park
If you are ready to invest in vacation property, Davenport might be the perfect fit for your investment portfolio. With a lot of growth potential, great prices, and opportunity to earn income on rentals, don’t wait to purchase your next investment.
At Viva Orlando, we can help you find the perfect investment for your portfolio whether you’re an international or domestic investor. Plus, we will help you with everything from the initial offer, through the close of sale, and beyond through the life of your investment. If you are ready to see your investment grow, contact Milena@vivaorlando.com today to get started.
Orlando comes alive with the Holiday spirit every year in November and December. Tons of Santa’s helpers and hundreds of hours are spent transforming each theme park into a holiday treat.
Every year, the celebrations get bigger and better in the number one family tourist destination in the world. Join in on the fun and create a new family holiday tradition in your very own vacation home. At Viva Orlando, we can help you find a home that will fit your family and offer opportunities to earn additional income too.
So, skip the snow and head down to Florida where the holiday magic comes alive! Here’s a list of the best events of the 2018 holiday season in Orlando.
Walt Disney World Parks
Mickey’s Very Merry Christmas Party- Party down with Mickey and the whole crew in this winter celebration on select nights; November 8- December 21st, 2018 at the Magic Kingdom.
Epcot International Festival of the Holidays- Enjoy food, music, and the traditions of different countries around the world at Epcot November 18- December 30, 2018.
Candlelight Processional- This popular event tells the story of Christmas presented each time by a celebrity narrator. The show runs from Thanksgiving day- December 30th, 2018 in Epcot.
Flurry of Fun- Watch snow fall in Florida! Plus, other magical holiday surprises turn Sunset Boulevard into a winter wonderland at Disney’s Hollywood Studios from November 8- January 6th 2019.
Up! A Great Bird Adventure- Learn about India’s festival of lights—Diwali at Disney’s Animal Kingdom Park. This show runs from November 8th, 2018- January 1, 2019.
Christmas takes over the Wizarding World of Harry Potter– Explore the decorations and special holiday entertainment in Hogsmeade and Diagon Alley. Plus see the Magic of Christmas at Hogwarts Castle unfold once night falls at Islands of Adventure November 17- Jan 6.
Universal’s Holiday Parade featuring Macy’s– Catch all of your favorite characters from Minnons, Shrek, Madagascar and more as they join Santa for this holiday favorite. Show runs Nov. 17- Jan. 6 at Universal Studios
The Grinchmas Who-liday Spectacular– See a live retelling of this classic Dr. Seuss tale and see the Grinch live at Islands of Adventures Nov. 17- Jan. 6
EVE– Say goodbye to 2018 in style at City Walk for the biggest party of the year on December 31st.
SeaWorld’s Christmas Celebration– Over 3 million twinkling lights take over while guests enjoy awesome live holiday themed shows and dine on festive food. The kids can meet Rudolph the Red-Nosed Reindeer and other characters. Runs November 17-December 31st.
Christmas Bricktacular– This annual holiday event that gives guests a chance to go on a holiday scavenger hunt, meet Lego Santa, or build a Lego Christmas tree just to name a few of the holiday themed events. Christmas Bricktacular runs December 1, 2, 8, 9, 15, 16, 22-25.
Kids’ New Year’s Party– Party with the whole family and ring in the New Year at Legoland with a nightly firework show, dance parties, and special Lego activities from December 26-31.
If you want to make an annual tradition to spend the holiday season in Orlando in your very own vacation home, contact Viva Orlando today and we will help you find a home to meet your needs. Email Milena@vivaorlando.com
Vista Cay Resort
Vista Cay Resort is a highly sought-after vacation home community right in the heart of Orlando. Located on Lake Cay off Universal Blvd. this condominium hotel is only minutes away from the world famous I-drive, Universal Studios, Sea World Orlando, and more.
Since this property opened in 2005, it has been wildly popular. It’s one of the few vacation communities in the area to be zoned for short-term rentals within a few miles of Universal Studios and other area attractions. Other properties that are zoned for short-term rentals are more concentrated in the greater Kissimmee area closer to the Walt Disney World parks.
The Vista Cay Resort is made up of two communities: Vista Cay at Harbor Square and The Isles at Cay Commons. There are over 800 units on property comprised of 2- and 3-bedroom condominiums along with 3-bedroom townhomes. Buyers can choose from the following styles:
- Ventura Condominium
- Monterey Condominium
- Bayshore Townhomes
New Construction Coming to the Isles at Vista Cay
Currently, new construction is underway to complete 160 new units to the long-anticipated addition at the Isles at Cay Commons. There will be four new buildings that will house 40 units each. This phase will be the last and final addition to Vista Cay Resort.
Units start in the high 200s. Viva Orlando buyers can count on us to help them with furnishing and decorating their home to prepare it for short-term rentals. In fact, owners can start renting their new property right away with the help of our sister company Casa Floridian.
Vista Cay resort offers easy access to the 528 and I-4 with only a 15-minute drive to Orlando International Airport. It’s only a few miles from Universal Studios and Sea World Orlando. It’s close proximity to International Drive gives visitors tons of options for dining and entertainment options like at Pointe Orlando or the Orlando Eye complex. This location is also perfect for guests who are visiting the Orange County Convention Center which is the 2nd largest convention center in the United States.
Vista Cay Resort Community Amenities
- Two pools on property
- Poolside bar
- BBQ pits and picnic area
- Movie theater
- Gated community with guarded security
- Kids splash area
- Two-mile jogging trailer
- Business center
- Sundry shop
New units won’t last long due to the high interest and the limited opportunities to own vacation property in this area. If you are interested in making an investment in Vista Cay Resort, one of Orlando’s most desired resort communities, email Milena@VivaOrlando.com to get started today.
Your Orlando Vacation Real Estate Specialists
Viva Orlando is a team of trusted multilingual real estate professionals that help both domestic and international clients invest in Orlando real estate market. We help our clients navigate the many vacation home communities in the Central Florida area in order to help them find the right investment for their needs. We want to be there to guide you from the initial inquiry to the close of sale and through the life of the investment.
There are many different Orlando vacation home communities that we can help you purchase a single-family home, townhome, or condo. We can also advise from experience what it will take to produce income through the short-term vacation rental market or long-term rental properties.
Get the Viva Orlando’s Vacation-Home Buyer’s Guide
If you want to learn more about why to invest vacation real estate in the Orlando real estate market, email us for Viva Orlando’s Vacation-Home Buyer’s Guide: Milena@VivaOrlando.com
In the guide, well tell you why the Orlando area makes for a great real estate investment. It also gives you an overview of what you’ll need to do in order to purchase a vacation home whether you are a domestic buyer or an international one. We’ll even break down the differences between purchasing a new home vs a resale one and a breakdown of types of prosperities that are available at the different vacation communities in the area.
Finally, in our guide, we’ll give you additional resources on how to make money off your investment with short-term or long-term rentals. We also help you understand what the tax implications might be for your investment property. That’s because Viva Orlando we’re here to help you succeed because we want to help your investment grow!
Viva Orlando specializes in the vacation home market. Some of the vacation home communities we service are:
The Grove Resort and Spa
Windsor at Westside.
Storey Lake Resort
Magic Village Resort
Windsor Hills Resort
Emerald Island Resort
Vista Cay Resort
Lake Buena Vista Resort
Viva Orlando Realty Inc. The Orlando Vacation Home Advisors in the most distinctive Orlando Resort Communities. – 407-922-4620
Located just minutes from Walt Disney World, this furnished 3 bedroom/2 bath condo at Lake Buena Vista Resort can be all yours today! This condo already makes money for its current owners from the short-term rental market and is a proven revenue generator.
In 2017 alone, this Lake Buena Vista resort condo earned over $10,000 in rental income after management fees were paid. Since July of 2018 it has already made over $8000 and on track to make more than last year. Because it’s only a couple miles from Walt Disney World, Lake Buena Vista Resort is a popular vacation lodging location. It even has shuttle services to and from the theme parks as part of the nominal resort fee.
Not only is the location one of the best in towns, this furnished 3 bedroom/ 2bath condo can sleep up to 8 people. The master bathroom is attached in an open floor style to the master bedroom. One additional bedroom has two full size beds while the other room has a queen.
Located on the third floor, the condo’s main living room is overlooked by the kitchen. Off the living room, there is a balcony that overlooks a pool deck that serves the surrounding buildings. In the main community area of the Lake Buena Vista resort, there is a zero-entry community pool that also has a kids’ play area with its own pirate ship right in the middle.
This condo won’t stay on the market long. The selling price is on this fully furnished condo is $247,850. Purchase this condo today and buy a rental property that has already proven its popular amongst visitors. Contact Milena@VivaOrlando or call 40.922.4620 to learn more about how you can own this condo.
Now Serving More International Buyers and Sellers Thanks to a Growing Diverse Team!
We’re excited to announce that Viva Orlando is growing and adding four new agents to our team that can help you buy or sell residential investment properties in Orlando. As we grow, we are dedicated to serving clients who want to make smart real estate investments, no matter what language you speak.
Many of our new agents are able to help clients who speak Spanish, Portuguese, and Mandarin in addition to English. Orlando is a diverse and ever-changing population and the staff at Viva Orlando continues to represent the growing diversity of the region. Now, let’s meet our new agents!
Cassius joins the team as a Licensed Florida Real Estate Professional who has a Master’s degree in Business Administration and a background in Finance and Investments. His work as a real estate professional taps into that experience in order to find the right investment properties in Central Florida for his clients. Cassius takes great pride in the relationships he builds and can help clients both domestically and internationally as he is fluent in English and Portuguese.
Contact Cassius Moura http://www.vivaorlando.com/our-agents/cassius-moura/
Maggie is a sales associate who came to the United States from China where she grew up in 2014 due to an international project. She makes a great addition because of her background in project management. Because there are so many moving pieces to the purchase or sale of a home, Maggie’s background is perfect to service our clients. With a keen eye towards all the details of the project from planning through execution, Maggie helps her clients keep all the details organized so everything stays on track to meet her client’s goals.
Maggie is fluent in Mandarin and English. She also has extensive experience in legal-immigration along with contract and financial planning experience. This allows her to further understand the challenges of international buyers have when buying real estate in the US market.
Contact Maggie He http://www.vivaorlando.com/our-agents/maggie-he/
Melina joins the team as a Licensed Real Estate Professional after a successful career in product design and marketing. Her eye for detail and design gives her a unique ability to spot style trends and the potential in an investment property. She knows what design elements can make or break a home and can help guide clients towards the best Orlando investment properties to fit their needs.
Melina can help both first-time home buyers and experienced investment-property owners. Originally from Colombia, Melina is a native Spanish speaker. She is able to help both international clients and the growing population of Spanish speakers who want to own their own piece of the City Beautiful.
Jeff has made Central Florida his home since 1982. Since then, he’s seen all the fantastic economic growth in the region. Jeff understands the potential of the Orlando market and wants to help domestic and international buyers and seller take advantage of the growth of the region.
For almost 20 years, Jeff has worked in short term rental management and maintenance. He wants to use that experience to help clients who want success with their own home investment. He can help clients see find the right property to meet their needs. Because of his rental management experience, Jeff can help guide clients who want to incorporate short-term and long-term rentals into their investment strategy.
Your Needs and Long-Term Goals:
- Think hard about what you want before you jump in. There are many different styles of homes in Central Florida but you need to consider why you want to buy a second home so you pick what works best for your situation.
- Where would you like to invest in a second home? There are many areas in the US where you can invest in real estate. However, with Orlando’s booming tourism sector, a quickly growing metro, and low home prices, we believe Orlando is the best place for investment property in the USA.
- Decide how involved you’ll be. Second homes require basically the same work and upkeep as your primary home. If you live far away, you’ll have to consider how you’ll manage regular upkeep, lawn, and maintenance issues.
- Consider how will you use the property. There are a few types of investment options for second homes. You will need to decide if you want to use the property as a vacation home with possible short-term rentals, left empty when you aren’t there, or an investment property with long-term rentals tenants.
The Finances of Owning a Second Home
- Know what you can afford and make a budget before you start your research. Not only will you have a second mortgage, but there will also be property taxes and HOA fees that you will need to pay. If you want to rent out your home, there will be additional taxes and fees you will need to pay too.
- New Construction or Fixer-Upper? An older home can feel like a great deal. However, it could cost a lot of time, money, and effort. Plus, that maintenance could be costly when you don’t live nearby to work on it yourself.
- Shop around mortgage rates. The market rates can change quickly so make sure you get a current quote before you make an offer.
- Check the details on mortgage requirements. If you’re an international investor, make sure to check the minimum down payment, and, additionally, what countries that bank offers mortgages to. Each bank has its own requirements for second home buyers, especially international ones.
- Ensure you’re prepared for Florida weather. Hurricanes give added risks and some areas might be harder to insure than others, like homes that are in flood zones. Plus, homes near water usually means higher premiums too. Be prepared that you might have to pay more. Speak with your insurance agent about policies to get an idea of rates.
- Look into Property Management Companies. If you live outside of the area and want to rent your home, you might need to consider the additional cost of a management company to handle the details.
Location, Location, Location
- Explore the area. Orlando has a large metro area and many distinct communities. Become familiar with the area so you know where you want to buy based on your needs. Better yet, come stay in a home from our sister company Casa Floridian and explore Orlando for yourself.
- Choose a local real estate agent who understands the market and can guide you. If you want a vacation home in the attractions area of town, consider an agent that specializes in vacation real estate like us at Viva Orlando.
- Consider how long of a drive your home might be from different theme parks. If you want to rent your home to short-term renters interested in visiting the attractions area, you won’t want a home that is more than 15 miles from the Walt Disney World area.
- Amenities can add a lot of value. Newer home communities might have more amenities than the older ones and can make them more attractive to potential short-term renters. Additional amenities can help you market your home on the rental market. Plus, they add value to the property if you ever want to sell the home.
- Don’t fall for a home too quickly. While the actual home might be great, the location or neighborhood might not be as good as you think it is. Remain open minded and flexible when searching for your second home.
- Rent out your home when you don’t use it. Orlando is the top tourist destination in the world for families and increasingly they’re choosing vacation rental homes over hotels. Renting your home on the short-term rental market could help you offset your mortgage and you could even make a profit.
- Determine if you will receive any tax benefits. Remember, if you rent out your second home, you’ll have to report the income you make from the sale. However, you can write off expenses like maintenance and cleaning fees as business expenses if you do.
- Have an exit strategy. With your second home, decide as early as possible what you will do once you’re gone. If you want to keep it in the family, make sure it is clear preferably through a will.
- Consider selling your home. It might be hard to think about selling a home before it’s even bought. However, doing so will help you determine if you’ve made the right investment for yourself.
Central Florida is full of natural beauty, from canopies of oak trees to natural springs, there is a lot of nature to be found just a few miles from the hustle and bustle of the metro Orlando area. Here are some of our favorite activities that for those who want to explore the natural side of Central Florida.
Any guest that is looking for adventure in the outdoors will want to take a trip to Forever Florida in Kissimmee. There, guests can explore Central Florida plains and swamplands via horseback riding, hikes, or tail buggy rides. For a bit of an adrenaline rush, book a zip lining expedition. Guests can even spend a night outside with camping opportunities.
Located just a short drive north of Orlando in Orange City is Blue Springs State Park. The crystal-clear waters of this natural Florida spring are 73-degrees year-round. Guests are welcomed to swim in the spring and summer months and there are even caves to explore for certified divers. However, as the temperatures cool, the springs become a haven to manatees who migrate in from the colder waters of the winter ocean. The clear water offers the perfect place to watch dozens of these creatures up close.
Other activities include fishing, boating, and canoeing or guests can rent innertubes during the summer time. There are also plenty of walking trails around the springs and plenty of places for visitors to picnic.
Built on a 150-acre tree canopy, Orlando Tree Trek Adventure Park is a way to see Florida’ natural beauty from a bird’s eye view. The adventure park has 97 games for climbers of every level with ropes swings, nets, and tight rope bridges and even zip lines 10-60 feet above the ground. The course starts off easy and gets more challenging as participants progress through it.
Bok Tower Gardens combines the natural beauty of Florida with the beautiful landscape architecture of Frederick Law Olmsted Jr. Part of the Great Florida Birding Trail, the garden has 126 species to see, which makes it perfect for an afternoon of bird watching. Guests might even see an endangered animal like the gopher tortoise or an indigo snake on one of the two walking trails: the 1.5-mile Preserve Trail and the .75-mile Pine Ridge Nature Trail. Finally, beautiful music is heard daily at 1 and 3p.m from the 6-bell carillon inside the 205-foot Singing Tower which is the centerpiece of the grounds.
A trip to explore Orlando’s natural beauty wouldn’t be complete without an airboat ride in Shingle Creek where the headwaters to the Everglades are located. Designed to skip atop the Central Florida wetlands and swamps, the airboat rides last for 1-4 hours. On the tour, riders will get to see all types of animals in their natural habitat from endangered birds, to turtles and snakes, deer, and even the America Alligator!
There are so many ways to enjoy the natural beauty here in Florida. These are only our top five choices but there are so many other ways to get outside and enjoy the Central Florida sunshine.
When you buy a vacation home with Viva Orlando, you’ll be able to call all this beautiful nature your backyard playground. Explore the area and enjoy the outdoors as much as you desire. We can help you find your dream vacation home so this can be a reality, just email Milena@vivaorlando.com to find out more.
Are all Disney Area Vacation Homes Sold Furnished?
Yes, most of the vacation homes in the Disney Area are furnished. so they’re move in and rental ready! Some homes might even have a few bookings scheduled which will mean immediate income for your property.
Homes will not come furnished if you buy a new construction vacation home from the builder though. However, it will have all the appliances, ceiling fixtures, and window blinds. On the positive side, this gives you the opportunity to design your dream vacation home exactly how you want it. There are even companies we partner with who sell furniture packages so you can put your own personal touch on the home without all the work of designing it yourself.
What Are the Expenses Involved with the Purchase of an Orlando Vacation Home?
While this question is quite common, there is not a simple answer to it. Every transaction is different and there are many variables to consider.
However, the typical closing fees involve: title insurance, taxes, HOA fees, property insurance, STR insurance, mortgage fees, survey and appraisal fees, and even transaction fees sometimes. We are happy to discuss it in more detail with you and provide an estimated expense spreadsheet.
Do I Really Need a Pool?
YES! Unless you are buying a condo you absolutely should have a pool. If you don’t, you run the risk of your property not renting well as a private pool is very sought out by vacationers coming to Orlando and they have plenty of options to choose from. The good news is that most Disney area vacation rental homes are sold with pools if they are in short-term rental communities. You can even find a pool if you want to purchase a townhome as many of the newer communities have designs with private pools as a standard feature. If you want a single-family home, make sure to consider a spa as well. It’s a hit with the many golfers that visit the area.
If I Buy a Home That is Already Under a Management and Rental Program, Do I Get to Keep the Bookings After I Close on the Purchase?
This would be a YES—if you agree to stay with the same management company. The management company has the rental agreements, payments or deposits, and other arrangement details for that guest. The contract for that rental is between the management company and the guest. If you don’t want to continue with that particular rental company or program, make sure to inform the company as soon as possible so they can relocate their guests to another home. Many of these companies will not transfer guests to another management company in the same home because they can’t ensure their standards will be met for a guest and could reflect negatively on the company.
How Many Weeks Per Year Are Homes Occupied by Renters?
If your home is located in one of the top resort communities, you did a great job with the furnishing and decor, and it’s under a great marketing program, you could potentially rent 35 weeks per year. For most average nice homes though, you will probably rent 25 weeks.
Can Any Property in Orlando Qualified to Be Vacation Rentals?
Absolutely not. You can’t just turn any home into a short-term rental property or vacation rental. To be able to rent your home as vacation rental it must be in a community that is zoned for short-term rentals by the county where it is located.
What type of Property Rents the Best?
For us, the newest resort communities that are minutes from Walt Disney World absolutely rent the best as they are able to respond the requests of the vacation rental market. For us, the best vacation rental properties have these four key points:
1) A new home with an open floor plan.
2) Located in a gated resort community.
3) An abundance of fantastic amenities.
4) Close to Walt Disney World.
On top of that, if you can add a furniture package that feels luxurious and a nice size pool and spa, you can really have a home that will attract renters consistently.
What is an HOA?
HOA stands for Home Owners Association which is a governing council made up of homeowners in the community. The HOA has the responsibility to set the rules and bylaws for the community to adhere to. An HOA fee is collected to help cover costs in the community that all home owners need or have access to. Payment of an HOA fee is mandatory for any and all properties you own in a community that has one. However, the fee is the same for each home in the community. The HOA creates a budget based on the fees they collect to cover costs for resort amenities, security, common area landscaping needs, guard gates, and any and all other costs involved with running the community.
HOAs can be very helpful to keep the prestige and profile of a community. It prevents your neighbor from painting their home with unusual colors, mishandling trash, or guests parking airboats on the street, as example.
HOA fees are a good thing, especially in resort communities. The more the community can collectively offer to both vacationing guests and homeowners, the more appealing the overall community is for everyone. This means, as a homeowner and investor, you are able to offer more amenities to potential vacation guests who will rent your home.
As a Foreign Buyer, Can I Finance the Purchase of a Vacation Home?
Yes, whether you are a foreign national or a domestic out of state investor, you can finance the purchase of your vacation home or investment property. However, both types of investors should be aware of some common requirements and restrictions from many lenders.
As a foreign buyer, the process is similar to what US resident would do. We work with several lenders who finance foreign national real estate purchases. We also recommend that you speak with an accountant about the tax implications before you buy as a foreign national and we can guide to a specialist for this. Many foreign national buyers choose to take the equity out of their home and pay cash for a property here because there are significantly less settlement expenses involved that way.
How Exactly Will a Property Management Company Help Me?
A full-service property management company for your vacation rental will help you with everything you need to care for and run your property. The typical services a property management company will do to care for your home include, cleaning, and lawn service, pool care, utility bills payments, and repairs as needed. They also will manage the needs of the business aspect of your home such as marketing to generate bookings, accounting with detailed income and expense reports, guest services communication, and inspections before and after a guest says in your home. The job of the management company is to help you setup the property so it is “rent-ready”
Do you have a question we didn’t answer here? Give us a call 407.922.4620 or email me at email@example.com