Cut-price American Apartment - Flat with a Communal PoolAvailable
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Apartment/Flat Description
OPPORTUNITY KNOCKS !!
A RARE OPPORTUNITY TO PURCHASE A BANK OWNED/FORECLOSED 3 BEDROOM, 2 BATHROOM APARTMENT AT ROYAL PALM BAY, ORLANDO FOR ONLY £30,802 !!
Only 4 miles from Disney.
TOTAL COST TO BUY THIS PROPERTY INCLUDING ALL PURCHASE COSTS AND FEES: $55,240 / €39,440 / £34,098
•Bank Foreclosed 3 Bed 2 Bath Apartment at Bargain Price
•Huge Rental Earning Potential $90 - $120 per day
•Colossal Capital Growth Potential more than 75% below 2007 Prices
•Only 4 miles from Disney World and close to all local amenities
This is a fantastic chance to purchase a 3 bedroom, 2 bathroom apartment in the sought after Royal Palm Bay resort at more than 75% less than 2007 prices. This property has been foreclosed by the bank and the bank is now selling this at a ridiculously low price - a chance not to be missed!
The apartment measures a huge 1,326 sq ft of build area and only requires some internal painting, carpet cleaning and some kitchen appliances to be fitted.
The resort community offers beautifully landscaped and kept gardens, heated swimming pool, fitness centre, tennis courts, sand volleyball, tiki bar, playgrounds, clubhouse as well as bbq and picnic areas.
The apartment is ideal for renting out for holiday lets as it is zoned for holiday rentals and will achieve a rental of $90 - $110 per day.
This property can be rented out through the property management company, providing you with an excellent MONTHLY INCOME.
Rental Information for Apartments:
With regard to the rental potential for your apartment, Florida has 3 peak holiday seasons, Xmas, January to March and Summer. You can expect to achieve a realistic rental of $90 to $100 per day and up to $110 in peak season (our aim is to give you a 15% to 20% net annual return on your investment with rental income). The Management Company we recommend will rent out your apartment for you and will look after the maintenance. They cannot guarantee the amount of rental weeks as the most lucrative rentals are short term vacational rentals. They can however, certainly supply you with many rental clients and we have always found them to be extremely reliable in their forecasts. Please see below an extract from a communication between ourselves and the Management Company.
¨Also we will help the buyer of the home with advising them where to place their home to advertise a little themselves and if they can pick up 10 weeks a year (which only means 5 bookings at 2 weeks each) then they will do quite well if we are achieving 30 weeks on top of that figure. We should be able to generate 30 to 32 weeks if the market is ok and even more in some instances. If the property is really nice, in a good location and the furnishings are good, it will rent itself.¨
Monthly expenses include:
Property tax $130
Community fees / HOA $204
Rental management company at 15% of rent if required.
We bring you the whole package:
1.Low priced Florida properties with huge savings.
2.Property Management Company.
3.Engineers Home Inspection Report.
4.Title Company / Attorney Assigned.
5.Complete unrivalled supervision of your purchase from start to finish.
6.Insurance available on request.
7.Assistance with the opening of an American bank account if required.
8.Mortgages available.
9.Furniture packages available.
Prices are calculated at the following currency conversion rates: $1.40= €1 $1.62 = £1
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€36,831 | £30,802 | US$48,577 (Currency and Foreign Exchange services supplied by  )
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| Type |
Apartment/Flat |
| Bathrooms |
2 |
| Bedrooms |
3 |
| Category |
Re-Sale |
| Listed |
over 1 year ago |
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Innovative investment strategies offering 25% annualized returns regardless of market conditions
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Property Characteristics
- Pool: COMMUNAL POOL
- Garden: COMMUNAL GARDENS
- Parking: Yes
- Distance to Shops: Close
Map of Kissimmee, Florida, United States
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Similar Properties in or near Kissimmee
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Price: £30,802
Currency in United States
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Latest Property News in USA
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Price of Property in Kissimmee, USA
| (All prices in EUR) |
Kissimmee |
Kissimmee |
Kissimmee |
| Apartment/Flat |
23,933 |
15,500 |
249,000 |
1,305,000 |
99,000 |
264,000 |
| House/Villa |
60,925 |
23 |
1,950,000 |
75,000,000 |
390,000 |
242,990 |
| Townhouse |
4,700 |
625 |
389,000 |
6,000,000 |
199,000 |
209,900 |
| New Home |
200,990 |
97,600 |
265,900 |
388,990 |
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* Calculations based on 431 properties for sale in Kissimmee and 3641 properties for sale in USA |
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