If you’re looking to establish a little side-line in holiday rentals to see you through retirement, buying property in Florida could be the perfect way forward. But navigating the US holiday rentals market can be a little bit of a minefield. And the US taxman is not to be messed with! So today we’re explaining all you need to know about renting out your property in the USA.
Over the last year, house prices in the USA have snuck up by 8.3%, with a 6.6% expected this year. According to Zillow, the median price of US property sold in the last year is $231,700. This increase is mostly due to less properties being on the market – so increased competition for what stock there is out there. While the days of four-bed properties being available for just a few thousand dollars may be behind us, it’s still possible to find cheap American property if you know where to look. While it may prove trickier to find bargains close to America’s popular coastal cities, it’s certainl
Central Florida’s Top of the Pops with the Brits for a reason (or several): year-round sunshine, world-class beaches, no state taxes – and surprisingly affordable property. If you’re looking to make a move to Central Florida, this one’s for you. We’re exploring the property hotspots, what you can expect to pay in each area, whom these areas would suit, as well as our favourite topic, the weather.
If you plan on buying property in the USA, it’s absolutely essential to stay abreast of how the market is performing. To get the most bang for your buck, you’ll need to know when to act and how. Luckily, as we’ve been helping people to successfully buy property in the USA for more than 20 years, we’re on hand to walk you through the process. Here are some of the latest findings from the US property market press.
Uncertainty over Brexit might be keeping the pound weak against the euro but it’s a different story across the pond. The pound has bounced back against the dollar and in February this year the £/$ rate rose above $1.41 for the first time since the Brexit vote in June 2016. Does this mean 2018 could be an ideal time to pick up a bargain in Florida?
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