1. Be certain property units are bigger than 1800 square feet.
This will make certain your buyers can move around within the villa and experience that feeling of spaciousness while they are on vacation in Orlando. When large families feel cramped, the enjoyment of the vacation experience is impacted.
2. Be certain price per square foot is close to $140.
This is going to make sure you’re getting a current market price to value, which is great value in the Orlando FL market as of June of 2005.
3. Make sure to provide flexibility in floor plan.
A number of investments offer lock out suites, which are individual rooms for the business traveler who is searching for a home to stay but also offers luxury resort conveniences. This likewise makes it more advantageous for you when you make use your property. The lockout permits you to utilize only what you need while renting the remainder.
The lockout also is appealing to the rental market because there exists a need for 4- and 5- bedroom units. These units are perfect for a golf foursome or possibly several vacationing together. Your rental property can fit these larger groups when we lease out the full unit. This presents you an edge in the rental market.
4. Be certain the lockouts have a central AC and a kitchen.
You don’t want a room without television and air conditioning. Both are essential for the business and individual traveler and are essential to the investor.
5. If feasible, find a sale leaseback option over a regular real estate investment option.
This ensures your real estate property investment is rented out for the full 52 weeks, which ensures a consistent cash flow each month. This also gives roughly 10 percent return and lets you as investor to run the Orlando real property investment as turnkey with not a lot of effort needed to run the resort. Every facet of the real estate property management and marketing is handled using sale and leaseback method.
6. Be sure your Orlando property investment offers a high quality clubhouse with amenities.
Minimum conveniences in family resorts in the Orlando, FL market are fitness center, game room, eating places, food courts, bars, daycare, movie theater.
7. Be certain your Orlando real estate property investment provides a water park and pool for the youngsters with amenities:
Lazy river, water chutes, cabanas, tiki bars, kids swimming pools, adult pools, kids water park and playground and at least 10,000 square feet of deck space. This ensures family vacations are a true experience and keeps everyone entertained while at the resort.
8. Be sure if you exercise on vacation that your property investment features these things too:
Basketball game courts, tennis courts and running tracks.
9. Be sure you are able to vacation in your Orlando, Florida property investment at a low price.
This is going to guarantee you and your family can go to Orlando, FL and feel the pleasures of a family vacation.
10. Make certain the property has round the clock onsite management.
This will guarantee if there are any security, housekeeping or upkeep problems, they can be addressed straightaway.
11. Be sure the property isn’t more than 10 miles from Disney.
This will ensure you are close enough so it will not take long to arrive but far enough to avert all the heavy traffic and the high costs on Disney Real Property.
If your Orlando real estate property investment features the following, you can feel assured you made a good investment.