Spring in one of the busiest times of the year at Orlando’s world-class theme parks and with growing numbers of visitors expected this year – the real estate buy-to-let sector is set to benefit.
Welcoming warm April weather with average highs of 83ºF/ 28.5ºC and the fact that visitors often have more time off around Easter contribute to swell the crowds at Central Florida’s famous theme parks, including Walt Disney World, Universal Orlando Resort, Legoland Florida, SeaWorld Orlando.
Many parks posted record visitor numbers last year and even had to turn guests away during the holiday season, as they were at full capacity.
Walt Disney World’s Magic Kingdom is still the world’s most popular theme park, with a 6% increase to 18.6 million visitors in 2013, the latest annual theme park industry attendance report shows.
With exciting new attractions, rides due to open over the next few months, plus new stores and restaurants at Disney Springs, it’s no wonder that Florida is set to attract record numbers of visitors this year. The OrlandoEye, Madame Tussauds and SEA LIFE Orlando are all set to open in May at the I-Drive 360 complex.
Garrett Kenny, Chief Executive Officer of leading Central Florida developer and agent, the Feltrim Group, says that with so many people from around the world being drawn to the theme parks and the area’s other attractions, vacation property and buy-to-let investment real estate is in high demand.
“When my family and I first came to Central Florida on holiday, we loved the theme parks, amenities and its relaxed way of life so much that we wanted to spend more time here and bought a vacation property and later made the move permanent.
“We achieved our dream of the ideal Orlando home and we are passionate about helping others do the same, which is why the Feltrim Group provides a full service real estate experience.”
Garrett Kenny has written a helpful book, Buying and Owing Property in Florida, in which he shares his knowledge of the market and provides tips about renting in around the theme park capital of the world.
“One of the great things about renting out a property in Florida is that it has a very long rental season – in effect, all year round. Better still; the rental market is strong for much of the year.
“Both of these statements are particularly true if the property is within a short distance of the Disney attractions. What is a short distance? – fifteen to 30 minutes driving time to the main car parks.
“In fact, if you are renting out to the Disney vacation market – which, for these purposes, we can take to mean all of the theme park attractions in the Orlando area, about the only times of the year that you will find quiet are the first two weeks in October and the first two weeks in January.”
For more down-to-earth advice about the Orlando real estate market, you can order Buying and Owing Property in Florida from leading website Amazon.com. The Kindle e-book version is at a bargain $4.75, which is a huge 72% saving on the print list price of $16.95.