Buying and Selling Residential Plots and Investment Opportunities in Plots of Land in Floridaby ICI London International Commercial Investment
It is well known and documented that many a fortune has been made from land, in fact more have been made from land investments than any other. The key or secret to this is not difficult, viewing land as a stock and investing at the right time, buying low and selling high. The hard part is knowing where and when to purchase.
To start with look for land in an area of growth or regeneration in a market or economy that is just starting to recover. If you can find residential land that has planning permission and all permits in place already even better as this will make it even more attractive to another buyer or developer given it will save them time and quite a bit of addition expense.
Recently the real estate market in the US has started to awaken again after being dormant for the past 6 or 7 years. As the US economy is now starting to recover, consumer confidence is growing, a result of which is that developers are now starting to build new homes again, therefore there is now a demand for residential land.
Look at the southern state of Florida for example, one of the first states to be hit when the crash happened and now one of the first states showing a growing market. The price of real estate is already on the rise, growing on average by 13% last year and predicted to rise at a faster rate this year.
At the moment it is possible to purchase residential plots of land in the Fort Myers metro area that are approximately 10,000sq ft, with all utilities in place and all planning permission in place for approximately 12,000 US dollars, or approximately 7,500 sterling. Fort Myers is one of the top 10 fastest growing cities in the entire US and the metro area is already starting to be developed. Evidence of this is that one of the countries leading home builders has recently announced two new communities to be built.
It is worth noting that these residential plots were selling at their peak at anything between 35,000 – 50,000 US dollars each and it´s easy to see why, with discounts of upto 70% and prices expected to rise to approximately 50% of their previous peak within the next 3 years, investors are keen to stake their claim, sit on a plot for a few years and sell on when the time is right.
If you are looking for a secure, low maintenance opportunity to make money with a low entry level then this could be the investment you have been waiting for.
Due to demand, availability is changing on a daily basis. To find out more regarding this opportunity do not hesitate to get in contact.http://www.international-commercial-investment.com/
Created on Dec 31st 1969 18:00. Viewed 0 times.