Solara Resort has announced their final release of town homes and homes in Phase 1 of this outstanding resort development located only 5 miles from Animal Kingdom.
Amenities to be completed later this month
Pre-construction pricing will effectively end when the amenities open later this month. In 20 years of selling resort vacation properties there is one constant, prices increase faster after the amenities are completed. It’s human nature to be a little cautious when buying dirt but as the foundation of the clubhouse gets started more and more people get comfortable and purchase. Solara Resort has been one of the most highly demanded resort properties for buyers in the Disney area over the last year and demand is sure to increase at an even faster pace when the amenities are completed.
Save thousands before it’s too late
Phase 1 buyers can save up to $20,000 with combined cash back incentives from Solara Resort and NewBuildFlorida.com. These incentives can be used to discount your purchase price and/or lower and maybe eliminate your closing costs at purchase.
The Orlando area has done it again. For at least 3 consecutive years Orlando has broken its own visitor record with 77 MILLION people coming in 2017 to enjoy all the theme parks, shopping and of course great weather. In comparison, the State of Florida as a whole had 116.5 million visitors in 2017 (also a record).
Therefore Orlando holds the reign as the tourism capital of the United States and vacation home property owners can expect their rental income to keep coming in with increased rental and occupancy rates.
This trend is expected to continue as Disney’s new Star Wars Land is set to open sometime in 2019, in addition Universal Orlando is acquiring more land for its own expansion plans.
To search all new build vacation properties near Disney World® click here or contact us via webchat or one of our “Request More Details” buttons throughout this website.
Don’t miss out on your chance to own lakefront land only 30 miles from Disney World in one of the fastest growing metros of the United States!
Forbes Magazine, one of the Nations’s leading investment voices, rates the Winter Haven/Lakeland metro area 14th fastest growing in the United States for 2018. Here are some key metrics where the metro ranks in the top 5 nationwide, you can read the full article here.
Job growth 2017: 3.14% (5)
Home price growth 2017: 11.90% (3)
Projected home price growth 2018: 7.36% (3)
Water Ridge sits on the shores of 3 large recreational lakes. Perfect for boating, fishing and water activities.
•Spectacular community with 5 gated entrances
•2 resort style pools and a lap pool
•Multi-million dollar clubhouse & pool facility amazing lake views
•Fitness facility with locker rooms, sauna and showers
•4 lighted tennis courts & recreation field
•2 boat launches in permitting process
•Fully fenced RV and Boat storage on site
We’ve asked our friends and currency exchange partners at Halo Financial to discuss the importance of locking in an exchange rate when buying a property in Florida.
How Florida property buyers could save money on their currency exchange – and why they should…
Brexit, the North Korea crisis, the Russia inquiry, the cold war, Syria, the slim UK Tory majority –
there are so many major looming political issues that could affect the Pound to Dollar exchange rate.
There has already been significant volatility between Sterling and the US Dollar over the last year,
with the Pound hitting a post Brexit referendum high of $1.437 in April 2018 a rise of 15% in the last
When exchanging Sterling to US Dollars to buy property in the United States, that 15% can make a
Take Florida, for instance, where 6% of buyers were British in 2017, and this percentage has stayed
steady, despite the Pound falling, according to the 2017 Profile of International Residential Real
Estate Activity in Florida from the National Association of Realtors®.
In February 2018, the average sale price of a Single Family Home in Florida is $336,601, according to
Florida Realtors®. That means a 15% swing in currency values could mean a difference of more than
$50,000. That $50,000 could be spent on your flights to Florida; renovating your Florida property; or
even buying a car to use in the US.
Amber Discombe, of Halo Financial, leading foreign exchange specialists, says, “A significant swing in
exchange rates really can be considerable when you are buying a property in another currency.
“Florida, and even more so Orlando, are popular targets for British people buying holiday homes,
investment properties and for those looking to retire or work in the Sunshine State.
“It therefore makes sense to shop around for the best rates and to get expert guidance to help you
make your money go further when buying Florida real estate.”
Thankfully, there are steps that foreign property buyers can take to ensure they know exactly how
their target currencies are performing.
Halo Financial can monitor the currency markets and let clients know how they are moving, as well
as alerting them to vital political and economic news and events that will affect future exchange
When it comes to buying US Dollars, Halo Financial is able to offer rates that are usually closer to the
Interbank rate than a local bank, meaning clients can potentially save up to an extra 4% on their
“The Interbank rate is the rate which banks use to exchange currency with each other, and it can be
up to four percent better than the standard high street or retail exchange rates. That’s a difference
of almost $13,500 on the current average price of a family home in Florida, which goes a long way to
helping clients offset their fees and costs.”
Halo Financial offers these useful tips for Florida property buyers to get the most out of their currency exchanges.
1. Spot a great exchange rate
Buying a property in Florida can involve several payments; either ad hoc or in set stages. One way of
making the payments is through spot transactions. These are agreements to exchange a fixed
amount of currency at a set exchange rate. Compared to the banks, Halo Financial offers a significant
discount on exchange rates and does not charge any commission, so you could make significant
savings by using Halo Financial instead of your local bank or other provider.
2. Peace of mind with a forward contract
If you want to know exactly what exchange rate you will get for the planned payments on your
Florida property, then you can enter into a forward trade. This means you agree an exchange rate
today for a set amount of currency, but delay the settlement of the contract until a date up to a year
in the future. This is a godsend for those who want to cut out all the currency risk from their
property buying plans and brings peace of mind. It’s even more attractive when the exchange rate in
question is particularly beneficial at the time!
3. Target an exchange rate
Achieving the best exchange rate for either a spot or forward trade is best achieved using another
useful free service from Halo Financial. As we have discussed, the Sterling to US Dollar exchange rate
can move significantly in a short space of time in response to political and economic events.
However, you can ensure you get the rate you want by setting an agreed target and placing an
automated order into the currency market. That means that once your preferred exchange rate is
reached, the transaction will automatically be processed.
4. Stay on top of the currency markets with the latest news
Want the latest news about how Sterling and the US Dollar are performing and what events are
likely to influence exchange rates looking ahead? You can get up-to- date daily and weekly market
updates, free informative currency reports, live exchange rates and graphs and more at https://www.halofinancial.com/news.
Want to find out more? Make an enquiry today and an experienced Currency Consultant from Halo
Financial will be in touch.
Author: Rachael Kinsella, Head of Content and Communications, HALO Financial
The Terraces at Storey Lake Resort are releasing their 5th building today (April 26th, 2018). There is already a waiting list and buyers will have to deposit $5,000 immediately via wire instructions with the remaining 10% due within 3 days. This building is expected to be completed in November 2018 which is when the remaining funds to complete the purchase will be due. If using a U.S. mortgage to purchase most buyers will need a total of 30% down payment plus 5% closing costs.
Storey Lake Resort is the most demanded vacation rental resort in the Disney World area for both renters and buyers. This is a limited offer as only 10 units will be released. Each release of the condos has seen an increase of at least $3,000 and with this building accounting for less than half of the total condos expected to be released at Storey Lake there is still a lot of room for equity growth.
Good news for those vacation home owners and their renters in the ChampionsGate area near Disney World®!
Encore Capital Management, developer of Encore Resort in Reunion, is planning a high end shopping and dining complex named Reunion Village which is expected to bring around 200,000 sqft of commercial space.
In the last 12 months the ChampionsGate area has a seen a number of new dining options open. Tijuana Flats Mexican fast casual, First Watch (a healthier fare breakfast and lunch option) and Osteria Italian Kitchen to name a few.
In the past renters and owners haven’t had many options for dining and shopping in ChampionsGate so the new proposed complex is sure to give a boost for many vacation properties occupancy and rental rates.
A recent study by Forbes Investment Magazine and real estate data provider Local Market Monitor has named Orlando Florida the number 1 place in America to invest in real estate in 2018. A few of the reasons given are:
Limited time only, Central Florida lakefront sell-off event on January 27th, 2017
Purchase a property at this event with NewBuildFlorida.com and we’ll rebate $500 towards your travel expenses at the time of closing. Our staff will assist in booking flights, hotel and provide all necessary transportation (including airport pick up and drop off) during your visit.
In order to receive this travel rebate and reserve your spot at the event with us, please fill out the contact form below.
Can’t make it to the event in person? Contact us anyway to discuss your buying options before it’s too late.
Lake access properties with views starting at just $39,880
Dockable, direct lake front properties starting at just $76,880
25 minutes from Disney World
45 minutes from both downtown Orlando and downtown Tampa
Gated community with underground utilities
2 large, fully recreational lakes within the community… plus a third, private fishing lake
Beautifully landscaped common areas
Multi-million dollar club house
3 pools, 4 tennis courts, work out facility, sauna
North Carolina based Arch mortgage Insurance Company finds that Orlando home values have only a 2% chance to fall in the next two years. Arch MI’s report says that Orlando is one America’s hottest 10 property markets with the home price index growing 12.5% in the past year.
In addition for the next year, because of tourism, residential and public construction Florida is expected to remain the best economic performer in the south.