Privacy lots – Are they worth it? Privacy is something which we all try an enjoy. It is something we all would like to have and in today’s world having the money seems to be about the only way to achieve this without living in the middle of nowhere off a dirt track.
Privacy lots in very simple terms are lots which are not overlooked by the neighbors. They could be on the waterfront, facing preserves or even on a golf course. Privacy lots are typically the most in demand lots after waterfront lots.
Privacy lots and vacation homes continue this trend as highly sought after pieces of real estate. The owners will get to enjoy a degree of privacy when they are using the property. They will be able to advertise their rental property as being private and not overlooked, which can mean that they will be able to charge a little more per week than the neighbor who has a back to back property where you can see your neighbors splashing around in their pool and vice versa.
Is the added cost of privacy lots really worth it?
This will depend on how you intend to personally use the property. You need to acknowledge whether or not you can justify a few thousand more dollars. Should you be planning to use the property as a pure investment property, then perhaps it will make more financial sense to buy the cheaper property. As you can see, we cannot answer this question for you.
Over the last 3o something years we have realized that waterfront lots and privacy lots always seem to be sold first. The property could be brand new or it could be a resale, these lots will carry a premium of sorts. It could be a higher sales price or it could simply be that the property sells quicker.
As a future owner, you need to base your decision making on three primary criteria:
- How much money are you willing or able to spend?
- How do you intend to use the property?
- Which property represents the best value for money, based on the other two criteria?
Buy a waterfront or privacy lot
Currently we have access to a limited number of waterfront AND privacy lots on a brand new community very close to Disney which has been designed specifically for the rental vacation home market and comes with a huge array of excellent amenities and facilities.
These sophisticated new vacation pool homes range from $400,000 through to $550,000.
If you are ready to buy a new vacation home in Orlando and fancy a waterfront / privacy lot in a great community, you need to CONTACT US IMMEDIATELY while we still have availability.
N.B/ Remember that as a buyer our services cost you nothing, as we are paid by the seller/developer