Appetite for overseas property still “incredibly strong” reports Ideal Homes International
Despite a year of pandemic-related disruption to the travel industry, demand for overseas property remains incredibly strong, according to newly released figures from Europe’s largest privately owned real estate agency, Ideal Homes International. The firm has sold 150 properties already in 2021 across Spain and Portugal, and it now turning its attention to Florida.
Pre-Covid, Ideal Homes International was running 20 holiday home exhibitions per year. The company has shifted everything online, from virtual events to hosting its own digital TV show on YouTube (nearly 3,500 subscribers and counting). Since late 2020, Chris White and his team have also begun negotiating package deals that see discounts of 5-10% passed on to those looking to buy homes in the sun.
Ideal Homes International’s latest promotion – The Grove Resort & Water Park in Orlando, Florida – is one such development. A 10% discount means that prices start from just over $300,000 for a two-bedroom/two-bathroom unit on the completed resort. Only five minutes from Walt Disney World and with shuttles running daily, The Grove is ideally located for access to Florida’s main attractions. It’s also a destination in its own right, with an on-site water park, three large swimming pools, a 20-acre activity lake, a spa, a marketplace and multiple restaurants and bars.
Florida itself is very much open for business right now, with packed accommodation and theme parks open as usual, though America’s borders are closed to international travellers until at least 21 April. The state is the most popular destination in the US for foreign homebuyers, with one in five of all foreign buyers picking up property there, according to the National Association of Realtors.