Price Range: From to

Compare Listings

When purchasing a holiday property, you will have the choice of buying new build or resale.

While resale properties typically list for 10-20% less than new build it would be wise to look beyond just the purchase price of your holiday home. Here are a few factors of importance…

Upgrades

Most resale holiday properties range from 7-15 years in age which means the cabinets, flooring and most importantly floor plan design are outdated. Most renters are looking for an open style floor plan designed for entertaining large groups of guests. In a typical 4 bedroom villa you will spend a minimum of $15,000 to upgrade cosmetics while changing the floor plan is out of the question.

Energy efficiency

Advancements in energy efficient windows and cooling systems dramatically decrease the running costs of a villa which increases your potential return on investment. Most aircon systems are designed to last 15 years so with the average resale it has already lost half it’s life and the cost to replace start around $7,500.

  • Avg monthly utility cost ($)

Updating furnishings

As with the cosmetic upgrades that are needed in resale properties, so are furnishing updates. ┬áToday’s renter is looking for the wow factor in a holiday property and that 10 year old cookie cutter furniture will not make the cut. Typical furniture upgrades for a 4 bed villa will cost you $35,000.

Amenities

Today’s communities are built to attract the renter by offering resort style amenities such as zero-entry pools and lazy rivers, pool side dining and spas. Again, if your resale community does not offer, you cannot change this.

Tip

Don’t buy something you wouldn’t rent yourself. ┬áThe only way the renter chooses your property is by viewing it online.
At the end of the day when all is considered, that new build that you feel in love with may not be so far out of reach.
To search all new build holiday-to-let properties near Disney World click here.

First Name

Surname

Email

Phone

I would like more info on: