We believe we have secured the best investor opportunity in the state of Florida. These stunning lakeside condominiums are built and managed by USA’s multiple award winning company Atlantic and Pacific. The condos are fully managed and have an extremely high occupancy rate. They are let to long term professional American tenants. For extra peace of mind you can elect to take a unique rental guarantee bond from A&P which acts as a type of insurance against vacant periods although we do not see this as a necessity. The falls is close to the University of South Florida and is attractive to academic staff as well as graduates who stay on in the area. Of course if you wish to enjoy the apartments for your own pleasure that is fine.

The development is finished to a very high specification and includes the following;

Resort style clubhouse, cardio fitness centre, Indoor racquetball court , gated community, children’s play area, picnic & barbecue areas, two sparkling pools overlooking the nature reserve, heated, outdoor spa, tropical landscaping, video monitoring at entry, beach volleyball court, hard floodlit tennis court, walk in wardrobes, car valeting stations. All properties have parking and some have garages.

The deal

Due to our many years of sourcing and selling overseas property and our extensive database of clients we have agreed a fantastic deal with the developer. We are certain that you will not be able to better this anywhere.

The developer has agreed to make this a truly no money down deal on the proviso that a 75 per cent mortgage is in place. They will fund the other 25 per cent. There are naturally added incentives for those wishing to purchase more than one property.


Closing costs in the USA are approximately 4 per cent. However, depending on number of properties you are interested in, there is the possibility of reducing this.


As I mentioned on the telephone the rental yield is around 5.5% of the full price of the properties but with the 25% discount this equates to around 7.5%. However, there are ongoing costs for maintenance of the pool and grounds. These are approximately 1% though it varies from apartment to apartment.


Now is truly the best time to purchase property in the USA as the dollar is weaker against the pound than it has been for many years ($2 to £1). The USA property market has experienced a crash, which has seen many banks dramatically cut their lending, so you would be buying at the bottom of the market. Therefore the capital growth potential is huge.


The properties are selling out extremely quickly to the US citizens so if you are interested we would recommend that you talk to our mortgage advisor as soon as possible. If you prefer you can fill in the attached mortgage form and I will get you a decision in principle for the finance.

Please give me a call with any queries.


regards,



David Mylam



01367 860770

07855 776438

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