Investing in real estate often seems risky, even though it’s a tangible asset that can protect you from inflation and provide numerous paths to short term and long term income. There’s still the expense. The fact that you’ll be renting that property out to tenants. What about maintenance costs, and what if the home is vacant for longer than expected?
There are plenty of ways to mitigate that risk, and one of the best ways to ensure your investment property is more of a benefit and less of a risk is to invest in the right market.
With so many options available, in the state of Florida alone, it can be overwhelming to choose the best location to maximize your return on investment.
If you’re looking for a place that is ideal in terms of its potential for real estate investing, Celebration, FL is likely the best choice for you, and today we want to share five of the best reasons to invest here.
1. Celebration’s Thriving Rental Market
Celebration, FL boasts a thriving rental market with high demand for properties and rising rental values. The town is ideal for investors looking to purchase rental properties because of its prime location and proximity to popular tourist destinations. Disney is very close to the area, and many employees make up the population in and around Celebration.
If you’re thinking about investing in vacation homes as well as long term lease opportunities, Celebration is definitely the place to be. You’ll find that more than 74 million tourists a year flood the Orlando area, including Celebration. Many of those tourists are searching for affordable vacation homes, making Celebration the perfect location for investment properties.
There’s a lot of diversity in the Celebration rental market. You can successfully rent out a single-family home for the long term or a condo for the short term. Wherever your investment goals lead you, Celebration has something for you. Enjoy the thriving rental market. Check out what you can earn in rent, which is impressive. Tenants here are reliable and well-qualified, and you will not likely have to worry about vacancy.
2. Celebration Has a Strong Job Market
Disney is a major employer for residents of Celebration, but not the only one. Tenants looking for homes here also work at AdventHealth, Carestack, and the local school system. Celebration, FL benefits from a strong job market that has continued to flourish even during tough economic times. The town has a diversified economy with job opportunities in various fields, attracting a young and talented workforce.
This means you can effectively rent out your investment property to a growing population of local professionals.
Good jobs drive the local economy, and when you’re looking for a place to invest in real estate, you have to consider local economic factors. What you find in Celebration will impress you. There’s plenty of infrastructure, a commitment to small business, and dozens of opportunities for entertainment and recreation.
3. Prioritizing Safety and Security
Safety and security are crucial considerations when investors are looking for a location to invest in rental property. The tenants you’re working hard to attract will want to know they’re living in a good neighborhood.
Celebration, FL has an above-average record of safety and security, making it an ideal location for investment properties. The town has a strong sense of community.
Tenants with children are always looking for good schools. You’ll find those in Celebration. There are a number of well-established neighborhoods as well as new construction properties coming onto the market. It’s not only a safe place for people to live; it’s a safe place for you to invest your money.
4. Proximity to Theme Parks and World-Class Attractions
One of the biggest draws of Celebration is its proximity to world-class attractions like Disney World and Universal Studios.
Celebration is located just minutes away from these well-populated entertainment destinations, making it a prime location for tourists. This means that your investment property would benefit from a steady stream of travelers visiting all year round if you decided to invest in a short term rental home.
It’s more than just theme parks. Celebration is close to Orlando, which provides a rich menu of arts and cultural events. There’s high quality dining, great shopping opportunities, and easy access to Interstate 4, which takes residents and visitors over to Tampa Bay. Celebration is centrally located, making it easy to travel all across Florida. There are two international airports in Orlando and a cruise port.
5. Celebration’s Real Estate Market Remains Strong
There’s a population of investors who are concerned that the market may be cooling across the country. There’s another population of investors who are not concerned at all, because they know it means great investment opportunities are waiting.
In Celebration and throughout central Florida, the real estate market is still hot. It’s still competitive. It’s still possible to find a great property that’s perfect for your investment goals.
The real estate market in Celebration, FL is robust and has been growing steadily over the years. This is due to the town’s overall desirability, which makes it attractive to many potential buyers. Investing in Celebration, FL is an opportunity to own part of a thriving real estate market and be part of a rapidly-growing community.
Whether you’re local to Florida or thinking about investing from afar, Celebration is an ideal location to purchase an investment property. Whether it’s your first property or you’re building an impressive portfolio, there are several good reasons to invest here. Look for the thriving rental market, strong job market, safety and security, proximity to world-class attractions, and strong real estate market.
If you’re interested in looking into potential properties in Celebration, FL today, we’d love the chance to work with you. Leverage our local experience and knowledge.
Contact our team at Park Avenue Property Management. We work in Lake Buena Vista, Orlando, Kissimmee, Celebration, Maitland, Altamonte Springs, West Palm Beach, Tampa Bay, and throughout central Florida.