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Investors can still benefit from rising Central Florida real estate values

06-29-2016 01:29 PM CET | Industry, Real Estate & Construction

Press release from: Feltrim Group

The median value of Orlando residential property rose by more than 12% year-over-year in May 2016 and topped $200,000 for the first time in eight years.

The median price of homes in reached $203,000 in May, the first time it has topped $200,000 since August 2008, according to the latest figures from the Orlando Regional Realtor Association (ORRA) and sales volumes rose by 7%. The median price of condos increased 15.29% and the median value of single-family homes increased 10.68% year-over-year.

Central Florida also boasts a buoyant property market boosted by limited listings and availability, says Garrett Kenny, Chief Executive Officer of top developer and agent, Feltrim Group and it is ideal for leasehold investors looking to generate revenue and enjoy vacation time in the region.

Mr Kenny, who has recently been in China to promote Feltrim’s new luxury lakeside development, Balmoral at Waters Edge, a new premier resort and community near Orlando, says, “Consistently rising prices and limited availability mean that buy-to-let investors not just in the United States, but from around the world, are keen to purchase Feltim’s luxury Central Florida villas and townhouses.

“Orlando median home prices have now risen year-over-year for 58 months running and the median price is 75.76% higher than five years ago and there is little sign of the market slowing down at the moment.

“Balmoral at Waters Edge even offers leasehold investors a 6% net return, plus off-peak season use, which means they get the best of both worlds - secure returns and enjoy the area’s world-class theme parks, including WaltDisneyWorld and Universal.”

Balmoral at Waters Edge features prime Tuscan-style custom homes with three to eight bedrooms in a peaceful 113-acre private gated community, with parks, lakes and gardens, from just $318,000, including furniture and a private pool.

In addition, Feltrim Group’s property management division takes care of all aspects of renting properties, which provides a worry-free option for global investors.

“The leaseback offer runs for up to three years and leasehold property will be managed and maintained from the resort clubhouse.”

Among the wide range of leisure and recreational facilities at Balmoral at Waters Edge is a resort-style pool with luxury clubhouse, waterpark, lakeside beach, gym and spa, gourmet kitchen, restaurant and more.

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.

For more details, see www.feltrimgroup.com

Feltrim Group
116 Polo Park East Blvd
Davenport, FL 33897

CEO Garrett Kenny

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