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American Apartment - Flat on Offer in Kissimmee | United States

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Apartment/Flat Description

This is not BANK OWNED !

A 1 BEDROOM APARTMENT IN THE SOUGHT AFTER LEGACY DUNES RESORT

Zoned for Short Term Holiday Rentals

Only 5 minutes from Disney World



TOTAL COST TO BUY THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS AND FEES: $41,095 / €30,187 / £27,349

•Excellent Capital Growth Potential.
•Ideal Holiday Home.
•Rental Earning Potential with our Rental Management Company.
•Close to Local Amenities, Theme Parks and Airport.

This is a fabulous opportunity to purchase a 1 bedroom apartment in the sought after legacy Dunes Resort in Orlando, Florida, that is in a great holiday rental location. This property will rise in value due to the prime location and amenities offered.

The property can be rented out for short term holiday lets at an average of $50 - $70 per night.

This apartment which measures 712 sq ft, consists of 1 bedroom, open plan lounge with dining area, fully fitted kitchen, balcony with views over the resort and a full bathroom.

The resort offers 2 swimming pools, club house, fitness room/gymnasium, restaurant, games room, tennis courts, lakes and much more. The resort is zoned for holiday rentals making it an ideal investment for those wanting an income from holiday rentals or for own private use.

This property can be rented out through the property management company, providing you with an excellent MONTHLY INCOME.

Rental Information for apatments/townhouses:

With regard to the rental potential for your property, Florida has 3 peak holiday seasons, Xmas, January to March and Summer. You can expect to achieve a realistic rental of $50 to $70 per day and up to $70 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.¨

Annual expenses include:

Property tax $2,652 pa

HOA/Community Fees $886 pa

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.Furniture packages available.

Prices are calculated at the following currency conversion rates: $1.36 = €1 $1.50 = £1


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Approximate price of this 1-Bed Unknown
€29,905 EUR | 
£23,933 GBP | 
US$37,519 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 647992 
Town Kissimmee 
Region Osceola County 
Province Florida 
Country United States  
Type Apartment/Flat
Bathrooms
Bedrooms
Category Re-Sale  
Listed over 1 year ago
Want to know more about property investment?   Find out more >>

Property Characteristics

  • Pool:  COMMUNAL POOLS
  • Garden:  COMMUNAL GARDENS
  • Parking:  Yes
  • Distance to Shops:  Close

Map of Kissimmee, Florida, United States


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Price: £23,933
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Purchase this Apartment/Flat in Kissimmee for

US$63p/m

(60% LTV, 5% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Kissimmee, USA

Property Type Min Price Max Price Median Price
(All prices in EUR) Kissimmee USA Kissimmee USA Kissimmee USA
Apartment/Flat 23,933 15,500 249,000 1,305,000 99,000 264,000
House/Villa 60,925 240 4,450,000 65,000,000 390,000 242,990
Townhouse 2,400 23 1,950,000 6,400,000 199,000 209,900
New Home 200,990 97,600 265,900 388,990 - -

* Calculations based on 452 properties for sale in Kissimmee and 5576 properties for sale in USA




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