Get An Added Edge With Real Estate Pre Construction Investment

Get An Added Edge With Real Estate Pre Construction Investment



Get an​ Added Edge with Real Estate Pre-Construction Investment
Real estate may be all about location, location, location, but real estate investment is​ also about timing, timing, timing .​
Like the​ stock market, when you make your investment is​ just as​ important as​ the​ investment you choose .​
And, when it​ comes to​ real estate, a​ pre-construction investment can maximize your return.
The primary pre-construction investment advantage is​ that you can generally purchase a​ property at​ a​ lower price than if​ you were to​ wait until after the​ project breaks ground .​
Once construction is​ underway, popular locations and​ properties can trigger an​ influx of​ new investors who drive prices up .​
a​ pre-construction investment also allows you to​ choose among premium properties, whereas later investors can choose only from among the​ less desirable properties.
What to​ Buy in​ Today's Climate
While the​ asking prices of​ single family dwellings are trending downward, there is​ still enough uncertainty in​ the​ market to​ cause concern .​
Lately, the​ attention of​ investors has turned to​ what are called condo hotels .​
These properties generally have both condominiums and​ luxury suites, and​ the​ communities typically have a​ number of​ attractive features, such as​ retail space, restaurants, and​ pools .​
Often, investors will buy a​ condo hotel unit and​ use it​ part of​ the​ year as​ a​ luxury vacation accommodation, while renting the​ property out for​ the​ rest of​ the​ year .​
The best condo hotels take care of​ the​ rental management and​ maintenance, leaving the​ investor to​ enjoy his or​ her property while reaping the​ financial rewards.
Where to​ Buy
Real estate is​ all about location, so when considering a​ pre-construction investment, it's important to​ find a​ place where there is​ high demand for​ short-term housing .​
In the​ United States, Orlando, Florida, is​ one of​ the​ best places to​ invest .​
Analysts estimate that the​ real estate market in​ Orlando is​ undervalued by as​ much as​ 30 percent .​
And, with the​ tens of​ millions of​ tourists the​ area draws each year, thanks to​ Disney World, Sea World, and​ Universal Studios, the​ hotel occupancy rate hovers at​ around 80 percent .​
With these kinds of​ numbers, Orlando is​ the​ perfect place for​ a​ pre-construction investment .​
As an​ example of​ what's available, the​ Blue Rose is​ a​ condo hotel scheduled to​ break ground in​ late 2018 and​ scheduled for​ completion in​ 2018 .​
The Blue Rose Resort is​ planning to​ offer over 250 condominiums along with over 1,200 condo hotel suites of​ up to​ 3,000 square feet .​
To complement the​ accommodations, the​ Blue Rose is​ planning to​ build the​ Swan Lake Promenade, which will house five themed restaurants, European cafes, private pool cabanas, and​ a​ Broadway-style theater that seats 1,000.
Pre-construction investments in​ top-rated short-term rental markets have a​ great potential return on investment .​
Plus, due to​ the​ desirable destination, savvy investors will be able to​ enjoy both appreciation of​ property values and​ great vacation accommodations.




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