Press release
Strong Orlando job sector ‘another major advantage for BTL investors’
When it comes to job creation, Orlando is number one in Florida and Florida is the top US state, the latest market data shows.Based on daily tracking interviews, Gallup ranks the Orlando metro area top for 2015 job creation, with more than half of employers (53%) say they are hiring, while just 8% are either not hiring or reducing numbers.
As you would expect from the top tourist center in the United States, most job growth came in the leisure and hospitality sector.
The employer job creation intentions were underlined by the latest Florida state job figures, showing Orlando created 53,900 new private-sector jobs in the year to January 2016, more than any other metro.
In announcing the figures, Florida Governor Rick Scott says, “Orlando is leading the state in job creation with more than 53,000 new jobs created for families over the year. More than one million jobs have been created in Florida in only five years, and we have cut more than $1billion in taxes over the past two years.”
Garrett Kenny, Chief Executive Officer of leading Central Florida developer and agent, Feltrim Group, says strong jobs growth is yet another major reason for international real estate buyers to invest in real estate in and around Orlando.
“Combine a strong employment sector with the world’s best theme parks, top tourist attractions and entertainment centers and real estate capital values rising around 10% a year and you have a market that is sure to attract buy-to-let investors.
“Feltrim Group has seen a growing level of inquiries and sales from investors in China, the UK, Brazil, the United Arab Emirates and elsewhere in Europe, Asia and South America.”
Another major benefit for real estate investors is that Feltrim Group’s newest luxury lakeside development, Balmoral at Waters Edge, 25 minutes from WaltDisneyWorld, offers a 6% net return to leasehold investors, plus off-peak season use.
Balmoral at Waters Edge is a premier resort-style development that features a luxury pool and clubhouse, mini waterpark, lakeside beach, gym and spa, gourmet kitchen, restaurant and more.
Its high-end Tuscany-style three to eight bedroom custom homes are set in a 113-acre private gated community with tranquil parks, gardens, walkways and lakes.
Feltrim Group began almost 20 years ago with CEO Garrett Kenny's vision of operating a world class, internationally connected real estate firm.
The group is headquartered in the heart of Florida in the city of Davenport and now brings together construction, real estate, management and immigration services for international and local buyers as well as investors.
Feltrim Group constantly strives to embrace new technologies, social media and traditional and non-traditional advertising platforms. Feltrim has evolved with the times and now has a multinational approach to Florida real estate and US-wide immigration services.
116 Polo Park East Blvd.
Davenport Florida
CEO, Garrett Kenny
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