Lunes, Marso 10, 2014

Investing in real estate in the USA: why not?

Orlando is today the most visited city in the world with 51.5 million visitors (tourists but also " conventionneurs " because the Orlando Convention Center is one of the largest in the world ) . UCF ( University of Central Florida) is the second by the size of USA . As such, Florida provides an attractive reminiscent of California in the 70s .

This investment can be understood in two distinct cases :

- Pleasure investment , buying a second home in Orlando with exclusive use by the client or possibility of finding short tourist rentals in his absence with delegated management ,

- Classic rental property investment with profitability well above the European norm, and the possibility of more value to the output .

Pleasure investment in Florida.

Today, the distances have almost disappeared . Many wealthy people have second homes abroad. For the French , Spain and the Maghreb have had some success . For some time , the problems of security, among other Magreb , make them think before investing or visit these destinations.

The United States retains a strong attractive potential in the minds of people : " The American Dream" .

Since June 2011 , a direct flight Paris Orlando was set up by Air France .

Florida has strong assets for an exotic or all types of recreation can be enjoyed stay:

 - A sub-tropical climate with mild winter ,

 - The presence of two very different fronts Seas : Gulf of Mexico : enchanting beaches, Atlantic Surf highly oriented . Fans of water sports are happy,

- Parks Recreation unique in the world: 5 Disney parks , Universal Studio 2 parks (including the only Harry Potter world ) , Seaworld , 3 parks water games, LegoLand U.S. soon ............

- Beautiful parks with the possibility of canoeing in the middle of the Manatee , observe bears, alligators,

- Easy access to Caribbean Bahamas by boat or plane,

- Departures short or long cruises every day 40 minutes from Orlando,

- Dozens of courses at all levels ( Orlando .... Tiger Wood lives ) .

A second home here therefore has very strong advantages and assets available in different budgets to calibrate precisely his need .

Real estate investment performance .

The profitability of this type of investment is done through two components:

- Rent reduced the purchase price ,

- Hope more value .

The crisis has been hard, and unfortunately is not yet behind us, but it had a very strong downward effect on the property market in the USA. Today, we have reached a plateau and there are bargains to be had .

Second hand house single level with 3 bedrooms, 2 bathrooms half , a garage, a swimming pool can be found in a range of $ 120,000.00 to $ 200,000.00 depending on the location and rent $ 1,500.00 per month or 7% in the worst case but more often from 12 to 15 % .

If we look at the average "Price to rent ratio " ( value rent number of years) , the U.S. averaged 10.

The rate of return is already good facial . Hope more value is also much stronger starting from such a low market. When recovery does not fail to intervene, the appreciation potential is strong.

To this must be added the currency effects : weakness makes $ € uroppĂ©ens rich ....

For very high-end clientele that you touch , do not bet everything on Europe can also be a popular board .

Finally, the rules are much more favorable locations in Florida homeowners in France . A tenant who does not pay his rent is expelled in 30 days .... and hand anyway itself in most cases before this time because here to 5000 km for a new job is a common fact .

some clues

 $ USA FRANCE

Price to rent ratio in October 34

Rent apartment 3 bed City Centre 1536 1266

price m2 center 1921 4747

The IMF considers that France is the third most overvalued housing market in the world with what it entails risk correction.

The idea is not to downgrade France, but to show that diversification can argue with the evidence.

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