Orlando keeps growing

In 2016 Orlando became the city with the fastest growing population and had the fastest growing in employment in the U.S. Orlando just keeps on growing. Growing bigger, growing more popular and simply growing up.

The international airport is being expanded to the tune of $1.1 billion, SunRail is now in operation, the Downtown area is being revamped to name just a few of the exciting developments currently going on. In total over $15 billion is being invested in the Orlando region.

Orlando has grown out of being just a vacation destination into being the number 1 family vacation destination in the world. It is also a center for all manner of manufacturing, pharma, aerospace, logistics and tech industries which keep moving here to enjoy the great climate, the great people and the lower taxes.

Just a few years ago, Orlando held the top spot for property foreclosures in the country, how things have changed. In a recent report out from Zillow, Orlando looks to be on target to become one of the city’s with the best price increases in the U.S.

Whether you are looking to move here or just buy a second home in the Sunshine State, the fact that Central Florida is booming has just got to be a great indicator that you are looking in the right location.

Check out the latest resort community vacation homes for sale in Orlando

Orlando Tourism Numbers

The official Orlando Tourism Numbers for 2016 are still a couple of months away from being published, but Florida’s numbers are out. Almost 113 million people visited Florida in 2016. That is about a 7% increase on 2015.

 

Orlando Tourism Numbers

Typically Orlando will see around 2/3’s of all Florida visitors which would represent in the region of 75 million visitors. This year however we are calling this on the more conservative side and are expecting the official number to be declared at closer to the 70 million mark. This will still represent a new record for Orlando tourism numbers and an increase in the region of 5 million year on year.

As well as the increased Orlando tourism numbers an important number for our owners is the Tourist Development Tax which generated $239.5 million in tourist tax during the 2015-2016 fiscal year (thru Sept 2016). This represents an increasing number of guests purchasing accommodation in Orlando.

All of this adds up to explain why our owners are getting around 40 weeks of paid occupancy each year, seeing excellent cash flow and still getting to enjoy their property in Orlando.

If you like the idea of purchasing a vacation home in Orlando visit our main site and discover the latest opportunities.

 

Orlando airport expansion

Well, the new Orlando airport expansion or Capital Improvement Plan (CIP) as it is being called, is now underway with a total of $3.1 billion dollars in the process of being spent.

The 7 year project includes much needed enhancements to the North Terminal Complex plus new construction of the South Airport APM (Automated People Mover ) Complex and ITF (Inter-modal Terminal Facility). Funding for the $1.8 billion South Terminal Complex  Phase 1-Terminal C project will commence in early 2017.

What to expect from the expansion. (information courtesy of https://www.orlandoairports.net)

North Terminal Complex

  • Ticket lobby expansion to incorporate new technology and provide greater capacity
  • Baggage system improvements for increased efficiency
  • North Terminal cell phone waiting lot
  • Replacing Automated People Mover (APM) trains to Gates 1-59

Airside 4

  • Expanding capacity for international arrivals processing
  • Adding international gates to accommodate the industry’s largest aircraft
  • Additional central energy plant
  • Restroom renovations
  • Rooms for nursing mothers

South Airport APM Complex & Intermodal Terminal Facility

  • North Terminal Complex capacity reliever
  • Automated People Mover (APM) System from NTC
  • Accommodations for up to 4 rail systems
  • 2,400 Car Garage
  • Ground Transportation Facility
  • Remote Check-In
  • The STC and associated apron/taxiway, will encompass approximately 300 acres
  • The total building program will comprise 2.7 million square feet
  • The airside terminal will serve both international and domestic flights
  • 16-24 gates will accommodate narrow body, jumbo and super jumbo aircraft
  • Six-story 5,000 space expanded parking garage
  • Will follow the Sustainable Management Plan (SMP) for a planned LEED v4 BD +C

 

Sanford Airport Expansion

As if the planners in Central Florida are not happy with expanding MCO, Sanford International Airport is also getting an expansion of $43 million which will add a further 20% capacity for passengers.

 

Even more Orlando visitors

All of this seems to be coming just in time as Florida visitor numbers for the first Quarter of 2016 have been released and are showing a 4.8% increase on last year.

It’s still early but 2016 holds the possibility, based on the 4.8% increase, of close to 69 million visitors to Orlando this year. All of these tourists are going to need a place to stay and we foresee our owners enjoying another bumper year on the rental market

MargaritaVillage Orlando

MargaritaVillage Resort in Orlando

MargaritaVillage Orlando

Parrotheads will be coming home to roost as of next year as MargaritaVillage gets launched with the first properties expected to be completed by the beginning of 2017.

 

New homes at MargaritaVillage will range from the $300,000’s through to around $2 million

 

Update: Margaritavillage is now officially called Margaritaville Resort Orlando

 

The Jimmy Buffett brand of wealthy beach bums, kicking back with a beer or a chilled margarita may not be everyone’s cup of tea, but then not everyone has been to a Jimmy Buffett concert. The Parrotheads and Parakeets which make up the crowd range from bank managers to CEO’s, Yale and Harvard graduates, dentists, lawyers, shop keepers, carpenters, plumbers, sailors and their kids (the parakeets). All have one thing in common and that is having a good time, enjoying a drink, listening to, – let me correct that, singing along to – and wearing REALLY colorful Hawaiian shirts, shorts, flip-flops and strangely, hats. Not just normal hats, but shark fins, cheeseburgers and parrot feathers.
A Jimmy Buffett concert encompasses a heartfelt yearning for a simpler life, one where everyone gets along regardless of who or what you are. Even the less ardent supporters come out of concerts wondering why they have a cheesy smile on their face and why on earth are they wearing one of those silly hats.

Not your typical introduction to a new resort community in Orlando, but as a lover of Hawaiian shirts, shorts, flip flops and laid back music …

 

Parrotheads at MargaritaVillage Resort in Orlando

 

“OK I admit it, I am a parrothead! Happy now?” –

 

Consider this

MargaritaVillage is located 5 miles from Animal Kingdom, 8 miles from Disney and Epcot. You can wear the kids out during the daytime and when they are tired you can put some Buffett in their heads and convert them into ‘keets’ by morning.
The fantasy which Jimmy Buffet brings to his concerts can be lived out on daily basis for owners and visitors at MargaritaVillage. It is this fantasy which we feel will attract a continuous stream of visitors looking to rent the MargaritaVillage lifestyle for a week or two and make this one of the resorts with the highest occupancy rates in the Disney area.

Ok, I agree that MargaritaVillage is not going to be for everyone, but give it a chance and perhaps you will be converted! Outside of the U.S. Jimmy Buffett is pretty much an unknown phenomenon, but one which is easy to enjoy appreciate for first timers.

The tropical backdrops of MargaritaVillage, the calypso vibes, island style, easy going nature and, if previous ventures are anything to go by, excellent value for money on offer will be more than enough to entice several hundred new parrothead owners to set up nest at MargaritaVillage in Orlando.

 

On a more serious note

MargaritaVillage has the potential to dominate the new vacation resort arena in Orlando, as it merges the extraordinary Jimmy Buffett brand of island escapism fantasy for grownups with the extremely well regarded and experienced developers of Encore Development.

MargaritaVillage will include a 12 acre water park on the 305 acre resort which will become home to 500-600 vacation homes plus residential condos, a 175 room hotel plus timeshare units. An arcade, a fishing school, paddle boarding and kayaking, a central 3 acre freshwater lake, a Planetarium and a Spa, a wedding pavilion plus 170,000 sq.ft of retail space are all elements which will be integrated into the MargaritaVillage concept.

Put all of this next door to a dozen or more world class theme parks, in a city which attracts over 62 million visitors each year, add the enormously dedicated fan base of parrotheads (over 75% of the U.S population is aware of the Margaritaville brand) and we believe that Margaritaville Village holds the potential to be huge.

MargaritaVillage overview so far will include:

Margarita Village Kissimmee Orlando

Click image to view larger

  • A 12 acre water park on the 305 acre resort
  • 500-600 vacation homes
  • 400 condos
  • A 175 room hotel
  • Plus timeshare units
  • An arcade
  • A fishing school
  • Paddle boarding and kayaking
  • 3 acre freshwater lake
  • A Planetarium
  • A Spa
  • A Wedding pavilion
  • 170,000 sq.ft of retail space

 

Early Bird Opportunity

If you would like to be one of the first ‘Nest Owners’ at MargaritaVillage Resort simply email me at [email protected]

A Place in the Sun

We had a great weekend at the A Place in the Sun Exhibition in Birmingham, UK this past weekend.

Many of our owners stopped by to say hello and tell us how well their vacation homes are doing on the rental market; several even bought another vacation home, as we had put together some great deals with our builders.

The A Place in the Sun show brought in around 8,000 people who were looking to buy a holiday home in the sun and even though the Florida Pavilion was by no means the largest, it seems as though many of the attendees preferred the idea of being close to Disney, as against traditional Mediterranean destinations. The sun may beat down in many locations, but the rental incomes in Orlando simply out-perform every other market place, plus you get to use the property yourself; and you don’t have to worry about whether there is going to be a government coup.

We met lots of new ‘owners to be’, some of whom are just fact finding and dipping their toes in the market, plus a host who already had a very clear idea of what they want.

We want to say a huge thank you to Joelle from Park Square Homes who worked her tush off for our clients, helping them get the best deals possible.

Also a big shout out to Sue and Alan Harding who were on hand to assist our clients with everything tax orientated. If you are looking at buying a property in Orlando and need sensible advice about taxes, this husband and wife team have over 16 years experience with owners of Orlando real estate from around the world as well as U.S owners.

Brian from MoneyCorp stood in for Kelly Cutchin and worked extremely hard for us and our clients, we just put up with the fact that he is not as pretty as Kelly, but we are sure some of the ladies didn’t mind too much.

Finally a huge thank you to all of the people who turned out to see us, especially with so much sport going on and the great weather we had.

Lee-APITS2

James-APITS2

 

 

 

 

 

 

 

If you didn’t make it to the show, check out our properties on the main site and see if we can tantalize you with some of the most attractive and highest yielding vacation homes in the world.

We have a huge selection of new construction vacation homes and are currently awaiting the launch of one or two new vacation communities which will be offering new floor plans and great prices.

Florida visitors 2015

In news out this morning from Visit Florida, the amount of Florida visitors has increased by 5.8% year-on-year  in the first half of 2015, with a total of 54.1 million national and international guests.

This is great news for Orlando as this puts the city on target to break 65 million visitors this year. With the announcement that Star Wars is to be a new theme park in Orlando, the future is looking fantastic.

“I am proud to announce the Sunshine State continued our record-breaking success and welcomed the most visitors in Florida’s history over the first half of the year,” Gov. Rick Scott stated in a press release. “Our growing tourism industry employs over 1.2 million Floridians and is helping us meet our goal of becoming the best place in the world for jobs. We are excited to mark the first half of 2015 with our biggest second quarter ever, and we look forward to exceeding our goal of 100 million visitors to Florida this year.”

More than one in every 20 residents in the Florida population are employed through the tourist sector and if we remove the retirees and children that number looks to be around one in ten. Perhaps Florida being the No.1 travel destination in th world has something to do with these numbers.

Veranda Palms Phase 2

Veranda Palms Phase II – Vacation Homes for sale

Veranda Palms is ready to meet its new owners. Park Square Homes is adding the finishing touches to the stunning model home and sales are about to start.

As of next week we will be writing contracts on these much awaited properties at Veranda Palms and we have already received loads of interest.

Don’t miss out on this great opportunity to get your hands on one of these fantastic vacation homes at Veranda Palms – one of the most rentable communities in Central Florida.

Veranda Palms phase 2 new vacation homes for sale

 

On the left-hand-side you will see the trees which make up the rear of this beautiful ‘Preserve Lot’

new vacation homes for sale at Veranda Palms phase 2

 

The current siteplan shows vacation homes which can be reserved marked with a green box.

Veranda Palms phase 2 siteplan

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 New models for Veranda Palms phase 2

Sabal Palm

Veranda Palms Resort pre construction vacation homes for sale in Orlando

  • 1.567 Sq.Ft
  • 4 bedrooms
  • 3 bathrooms
  • 2 car garage
  • $309,900

Everything you need in your resort home can be found in the fantastic Sabal Palm at Veranda Palms. Incredibly efficient and surprisingly comfortable, this lovely home includes an open living area overlooking the pool, four bedrooms served by three bathrooms and a covered lanai.

The Sabal Palm at Veranda Palms provides more than enough room to make your resort home dreams come true.

View floorplan

Enquire Here…

Beach Palm

Veranda Palms Resort pre construction vacation homes for sale in Orlando

  • 2.161 Sq.Ft
  • 4 bedrooms
  • 3 bathrooms
  • 2 car garage
  • $334,900

The Beach Palm at Veranda Palms conveys a remarkable sense of style and elegance. Arches, niches and volume ceilings create a sumptuous feeling of “more” in this beautiful home.

Spacious formal and casual gathering areas are separated by a fantastic island kitchen. The incredible owner’s suite has a tray ceiling and great private bath. Find the answer to your new home dreams in the elegant Beach Palm at Veranda Palms!
View floorplan

Enquire Here…

Queen Palm

Veranda Palms Resort pre construction vacation homes for sale in Orlando

  • 2.826 Sq.Ft
  • 6 bedrooms
  • 4 bathrooms
  • 2 car garage
  • $365,900

Designed to maximize your resort living experience, the spectacular Queen Palm at Veranda Palms presents so many advantages that it has become our most desired resort home.

A luxurious first floor owner’s suite overlooks the pool area. Spacious and airy, grand and impressive, this distinctive home offers the answer to your resort home dreams.

Multiple living areas, a breath-taking two-story family room, fantastic island kitchen, and the opportunity to have four en-suite bedrooms, the Queen Palm at Veranda Palms is a perfect blend of size and function.

View floorplan

Enquire Here…

Coconut Palm

Veranda Palms Resort pre construction vacation homes for sale in Orlando

  • 3.298 Sq.Ft
  • 6 bedrooms
  • 4 bathrooms
  • 2 car garage
  • $405,900

The Coconut Palm at Veranda Palms offers the perfect welcoming sanctuary which embraces both beauty and versatility.

Ideal for a large family and entertaining, this magnificent 6 bedroom, two-story home features an arched hallway, two spacious gathering rooms, and a large island kitchen. This space is enhanced by both a convenient bedroom on the first floor along with a room that can be used for either work or play!

After winding up the stairs to the second floor, you can enter the owner’s suite through the double doors and find a sumptuous retreat. A luxurious bath and enormous walk-in closet complete this impressive space.

Discover your dreams with the spectacular Coconut Palm at Veranda Palms!

View floorplan

Enquire Here…

 

Veranda Palms Resort Orlando Vacation Villas for Sale

Veranda Palms is a gated community in the Disney, Orlando short term rental zoned region which is now ready to launch phase II of these vacation home investment properties for sale.

Veranda Palms is just 4 miles from Disney, 3 miles from Celebration and 2 miles from Old Town, Orlando and makes an excellent option as an vacation home location.

Owners at Veranda Palms are permitted to rent out these vacation homes as short term rental properties and generate annual income to offset the costs of ownership. Vacation homes at Veranda Palms can also be rented long term or simply used as a family vacation home. Veranda Palms is one of our recommended vacation resorts and one you can add to your real estate search for vacation homes for sale.

Even though you are in the heart of everything at Veranda Palms it remains completely tranquil and peaceful thanks to beautiful conservation areas surrounding the community making this Veranda Palms an absolute gem!

Owning a new vacation home at Veranda Palms in Orlando means more than just basking in the Florida sun. Finally, you can own a vacation home in a gorgeous community designed with style, value and tranquility in mind.

A new vacation home at Veranda Palms offers a chance for everyone to enjoy what they love most about Orlando. Visiting the nearby attractions, a day at the golf course or the mall, or an evening out on the town – all of this and more is only minutes away from your extraordinary home in Veranda Palms.

These spacious new home designs offered in Veranda Palms provide maximum style and value, carefully crafted to meet your demanding standards. Choose from 4 to 6 bedroom homes with multiple ‘ensuite bedrooms’, a heated pool, tile flooring and many more outstanding features.

Turn the vacation of a lifetime into a lifetime of vacations with a new home at Veranda Palms!

Amenities at Veranda Palms include:

  • Clubhouse and Pool to be built
  • Private pools Included with Each Home
  • Gated Entry
  • Low-maintenance Lifestyle
  • Convenient Location
  • Community Parks and Gardens
  • Walking Paths
  • Peaceful Ponds
  • Next to County Park
  • Outdoor Recreation Areas
  • Volleyball Court