If you want to invest in Orlando real estate and are considering investing in vacation homes, this is a wise decision. Orlando vacation home sales have grown exponentially in recent years. There has never been such an ideal time to invest in vacation homes as now.
Every year more than 60 million tourists visit Orlando (in 2018 there were 75 million) and more and more families prefer to stay in a vacation home than in a hotel. Many people come to Orlando with family groups, sports, churches, or friends and prefer a comfortable place where they have the necessary comforts to enjoy the best vacations, and this is precisely what the vacation homes provide.
Investing in vacation homes is an excellent business, since you can visit Orlando as many times as you want and rent it the rest of the time. We are talking about a business that practically pays only, allows you to have accommodation in Orlando and still an extra income for your pocket, since with the money generated by the rental of the house you can pay the mortgage and surely you will have extra money of profitability. Investing in vacation homes is like being paid to come on vacation to Orlando.
Communities to buy vacation homes
Not all communities are equally attractive for vacation homes, if you buy a house far away from the main theme parks and want to rent it for days, no matter how low the rental price, it will be very difficult to obtain a good return of investment. It is true that vacation homes are good business, but the location of the home is essential.
When investing in vacation homes, it is important to analyze not only the location, but also to be sure that the community where you will buy the house, allows renting for days since many Orlando communities do not allow houses to be rented on a daily basis.
In some communities you may be able to find houses a little higher than the average value, but the owners say they are worth it, as their proximity to parks and other Orlando attractions allow them to have a higher occupancy offering even higher rates than the average.
Some of the communities that are close to Disney World are:
- Hunters Creek
- Emerald Island Resort
- Terra Verde Resort
- Windsor Palms Resort
- Regal Palms Resort
- Solterra Resort
- Champions Gate Resort
- Windsor Palms
At Orlando Homes Sales we have a team of real estate agents with extensive experience in buying vacation homes in Orlando, and knowledge of the different communities that offer vacation homes. Let us advise you throughout the process of buying your home in Orlando at no cost.