News

Orlando is really the Best US City to Invest in Real Estate

New Homes near Disney for saleIf you want to know the best place to invest in residential and vacation real estate, you need to look no further than sunny Orlando Florida. Here at Viva Orlando, we believe in the strength of the Central Florida real estate market and we want to show you why it’s where you should invest your money too.

Orlando definitely has many attractive reasons to purchase investment property for anyone who is looking from other countries or just other areas of the US. The metro area is booming as more and more jobs make Orlando their home (especially in the tech and medical sectors).

In fact, Forbes magazine listed Orlando’s employment growth the best in the US with a job growth rate of 4% since the recession. Because of that, there are millions of dollars being invested in the area to foster this growth through projects like the Creative City, I-4 Ultimate, and Neo City.

In addition to all the economic growth, Orlando is the number one tourist destination in the world welcoming 72 million visitors every year. This puts a huge demand on vacation rentals in the attractions area which makes it a great invest opportunity.

Real estate investmentEvery corner of the real estate market in the Central Florida area has investment opportunities for those who want to take it. You can choose from properties for the vacation market, long term investments on developing neighborhoods, long term rental options, and more. Whatever type of real estate investment you want to make in Orlando, we can help you.

You don’t have to take our word for it. Below is a list of various US cities that are popular for investment real estate for you to compare stats. Below we have listed median home costs median rental costs, real estate growth in 2017 (as reported by Zillow), how many vacationers traveled to the area last year, and the population growth in 2017 (as reported by each city’s visitor bureau). We think you will find that Orlando has the both the best short-term income potential along with the best long-term gains on your real estate investment.

Comparison of Popular Cities for Real Estate Investment

Orlando, Florida:

Median home cost: $229,200

Real estate growth 2017: 10.61%

Median rental cost: $1842

Vacationers to area 2016: 68 million

Population growth in 2017: 3.61%

Atlanta, Georgia

Median home cost: $387,593

Real estate growth 2017: 7.5%

Median rental cost: $1842

Vacationers to area 2016: 52 million

Population growth in 2017: 2.82%

Nashville, Tennessee

Median home cost: $255,000

Real estate growth 2017: 11.3%

Median rental cost: $1695

Vacationers to area 2017: 14.5 million

Population growth in 2017: 0.42%

Las Vegas, Nevada

Median home cost: $257,200

Real estate growth 2017: 16%

Median rental cost: $14,00

Vacationers to area 2017: 42 million

Population growth in 2017: 1.58%

Miami, Florida

Median home cost: $329,300

Real estate growth 2017: 5.6%

Median rental cost: $2,450

Vacationers to area 2017: 15.9 million

Population growth in 2017: 1.47%

Scottsdale, Arizona:

Median home cost: $459,500

Real estate growth 2017: 2.7%

Median rental cost: $2,100

Vacationers to area 2017: 4.5 million

Population growth in 2017: 1.52%

Now that you’ve seen the numbers, what are you waiting for? Isn’t it time to see your investment grow through Orlando real estate? We can help you do that here at Viva Orlando! Contact us today Milena@vivaorlando.com or 407.922.4620