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Investing In Fort Myers Real Estate
Investing in Fort Myers real estate is likely to bring in high ROI. The prices, currently affordable, are steadily increasing, which is certain to produce plenty of income in a few years. Low property taxes and mortgage interest rates contribute to make Fort Myers a city where one can invest in.
If you want to get a home where you get year round sunshine and amazing beaches just outside, Fort Myers Beach, Florida, may be the perfect place. One of the cities of Cape Coral-Fort Myers Metropolitan Area, Fort Myers promises to offer you an opportunity to own a piece of paradise.
Fort Myers is located on Florida West Coast, which boasts a line-up of pretty beaches from Tampa to Naples. Another variable that works in favor of Fort Myers is accessibility. The town is just 30 minutes north of Naples, 2 hours west of Miami and 2 hours south of Tampa. Presence of an international airport means that the city is accessible from any point in the United States.
If you want a waterfront property, few places in Florida will provide you better options. With a wide selection of Luxury waterfront homes and beachfront condos, ...
... it is the perfect sanctuary for sailing, boating and other water activities. Both owners or smaller leisure boats and world class Yacht owners will find the state of the art marinas on Estero Island the perfect safe harbor. Many residents and vacationers enjoy watching the boats and yachts as they parade by on the Gulf from their screened in Lanais.
As if water activities are not enough, Fort Myers is home for the spring training of some well-known baseball clubs. Florida Gulf Coast University also regularly holds numerous sporting events. In addition there are many public and private Golf Courses and tennis clubs in the area.
It also means that Fort Myers Beach properties are always in demand. Thankfully, prices haven’t yet fully recovered from the economic downturn that occupied all of America. Although the prices are steadily following a higher curve, they are well below the prices when the slump started, giving an opportunity to investors to put their money in a vacation property that is bound to give them a high ROI.
Other reasons that enhance the appeal of investing here are no state income tax, low property taxes and low mortgage interest rates. Home builders that over built during the housing boom were left with huge inventories during the downturn forcing them to sell houses at slashed down prices. Under the short sale programs, banks have also allowed property owners to sell for less than what the property is worth.
All these factors pronounce that this is the perfect time to invest in a Fort Myers Beach property. The Economy is recovering and if you choose, your investment is certain to bring in a steady income from vacation rentals. Whether you want condos, homes or apartments, Fort Myers will offer you with plenty of variety.
These figures suggest that owning a property in Fort Myers is a worthwhile decision. However, to make the most of your investment, it is important that you find the right property. A well-located and built home or condo at lower-than-usual-prices will be the best bet. Yeah, finding such a property is a bit hard, but collaborating with experienced Fort Myers beach realtors who know the market inside out may help you zero in on such a property.
A large realtor will have a huge database of properties enabling prospective buyers to find a suitable home. Who knows, you may get a property of your dreams at a much lower price than you even thought of.
The Author of this article is a Realtor associated with Grid Realty Group, LLC, who may help you invest in Fort Myers Beach real estate.
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