Overview of both Florida coasts
The East Coast: Stretching along the Atlantic Ocean, the East Coast was the first to be developed. It features the focal point of Miami and major cities such as Boca Raton, Fort Lauderdale and Palm Beach. This coast is very popular with Europeans and Quebecers who enjoy direct flights daily from Montreal. The region is vibrant with a multitude of hotels and restaurants, and nightlife is intense. Real estate prices are generally higher than those on the West Coast.
The West Coast: Unfurling along the Gulf of Mexico, this coast was developed more recently than the East Coast and it is more sheltered. The temperature of the sea is warmer and its white sandy beaches are magnificent. The West Coast is more residential, less hectic and its population density is less than on the East Coast. At the southern end of the West Coast, Naples attracts a very select clientele. Towards the center, the city of Sarasota offers an unparalleled quality of life and is considered the cultural capital of Florida.
Depending on your preferences, we are able to locate the property matching your requirements on both the East and West Coasts.
According to your preferences, you can select the West Coast or the East Coast.
Either way, these two regions are very attractive thanks to year round sunny climate ideal for outdoor sports, golf, boating and bathing in the turquoise sea.
On the East Coast, you’ll be charmed by the hectic pace and vibrant nightlife of Miami, as well as Fort Lauderdale’s exciting lifestyle further north, or even by Boca Raton, Palm Beach and Orlando. These areas are well served by airports in Miami, Fort Lauderdale and Orlando.
On the West Coast, you’ll discover Sarasota, a golfer’s paradise boasting 60 courses. Sun lovers will enjoy white sand beaches stretching across the horizon and spectacular sunsets over the Gulf Mexico.
Art lovers can visit the Ringling Museum, endowed with the second largest collection of Rubens paintings worldwide. Not to mention numerous restaurants, as well as excellent health care and educational facilities.
These areas are served by the airports of Naples, Sarasota, Fort Myers and Tampa.
Moreover, the phenomenon of a huge migration of baby boomers from northern USA and Canada settling in southern states, particularly Florida, constantly increases the demand for real estate, thus ensuring a steady increase of property values.
You would like to acquire a rental income property?
We offer a large range of rental income properties, including houses and apartments.
In the case of apartments , the rental income will be less, due to condominium fees which can be high, depending on the services offered by the building (pool, large lobby, meeting rooms, round the clock concierge at the entrance).
Moreover, in some buildings there are rental restrictions. For example you might be allowed to rent seasonally one to three times a year for a minimum duration.
Of course, yearly rentals are almost always permitted.
On the other hand, purchasing a house will incur much lower costs and allow for a yield of up to 6% or more.
Furthermore, you can rent yearly or seasonally at your leisure, in case you’d like to enjoy your property occasionally on vacation.
Investments requiring a much larger capital
If you’d like to be rid of all concerns associated with renting, we strongly recommend purchasing commercial properties leased long-term through well-known firms.
Effectively, in order to avoid blocking their capital, most major American brands choose to be long-term tenants over ownership.
Among these major brands are well-known food chains such as Burger King, Wendy’s and Arby’s. There are pharmacy chains such as CVS which has 6,800 pharmacies in the US and Walgreens which has about 6,200 pharmacies.
You can also purchase an apartment building with 10 units or more. This type of investment requires onsite management handled by specialized firms.