Investing in Florida property? Learn about Florida

"Florida is open for business!"

Governor Rick Scott (pictured)

If you are considering an investment in Florida property, then here's some of the fundamental reasons that support Axis view about future capital growth.

Florida, the 'Sunshine State', is on the south-east coast and has a sub-tropical climate which is tempered by being close to the sea. It is home to 18 million Americans, making it the fourth most populous state in the USA.

Florida has stunning geography

Florida beach Florida has a total area of approximately 58,000 square miles and is the twenty-second largest state in the nation. It has over 1,800 miles of coastline, with over 1,200 miles of beaches, over 5,000 islands and over 8,000 lakes. There are more than twenty major commercial airports servicing Florida, twelve of which are international.

Florida real estate investors benefit from a strong economy

The Florida economy is huge: nearly three quarters of a trillion dollars and the fourth largest economy in the country as of 2009 (behind California, Texas and New York). If Florida was a country, it would be in the top 20 in the world for GDP (gross domestic product)!

Florida has a great climate

Florida land of sunshine The great climate and relatively low cost of living mean Florida is a destination of choice for Americans relocating from colder, northern states. Invest in Florida property and you've got a good reason to experience the wonderful climate for yourself!

Florida is the number one relocation destination in the USA and everyone moving needs to buy or rent a Florida property!

Florida relocation Over 350,000 people are reported to move to Florida each year!

The 'baby boomers' in particular (those born between 1946 and 1964) are driving Florida's recovery, as they have influenced many social/economic trends in their lifetime. Florida is an ideal choice for this resurgence of longer-living, healthier, more self-determined generation who are seeking a higher quality of life.

In fact, 42% of the 80 million, retiring 'baby boomers' plan on relocating in the south-east, with Florida as the number one location. This continually increasing demand for housing ensures that the Florida property market will recover strongly, as existing real estate foreclosures get mopped up.

75 million visitors a year visit Florida | Servicing these visitors means strong demand from USA workers for Florida property to rent

Florida is also the world's largest tourist destination, with over 75 million visitors a year to attractions such as Walt Disney World Resort, MGM Studios, Animal Kingdom, Universal Studios, Sea World, Busch Gardens, Florida Keys and more.

This strong trade in tourism ensures secure and ongoing employment in the state, making Florida as attractive to young professionals as it is to the older, retiring generations. All these workers need to rent or buy Florida property, and as a landlord you are wellplaced to offer your Florida property to help service this need.

One US investor sums it up succinctly with: "Everyone I know wants to move to Florida!"