Owning Property in the US

American Properties

With the advantage of speaking the same language and the same legal roots, the USA offers many UK property buyers a security which they do not find in other investment areas. In 2004, 18,000 Britons expected to buy second homes in the US this year, primarily in Florida, a rise of 50 percent from 2003.

Overall, every day over 1000 people relocate to Florida. Not just the retired, but affluent young professionals.

There has been a big growth in the number of British people buying homes in Florida. If buying to let, properties must have access to top quality golf courses and swimming pools to attract high rentals, as well as capital appreciation. Lock up and leave resort style developments are popular, backed by high US standards of amenities and rental service.

(Courtesy of Channel4)

Florida is a safe bet but for the more adventurous investor, Hot Spots do exist in areas that offer properties costing as little as $5,000 (about Ł3,000) with yields up to 100% - that means owning the property in 1 year if all the rent received is reinvested back in to the property.

If you would like more information about this sort of investment, please complete the short form below (* = required information)

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