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What Central Florida offers to Dubai property investors

31st August 2015 Print

The timing of the direct flight links between Orlando and Dubai, UAE, could hardly be better for the Central Florida real estate industry.

According to estimates just released from international agent CBRE, around US$15billion a year is set to be invested by Middle East real estate buyers around the world – with rising interest in the United States property.

And with Dubai real estate values predicted to fall by up to a tenth in 2015, Middle East investors are looking for alternatives that can give them healthy returns.

With the start of new daily non-stop flights by Emirates Airlines from 1 September which could see around 100,000 passengers flying to Orlando each year, developers are hoping to capture the attention of wealthy Dubai property investors.

Leading developer and agent, Feltrim Group, is making the most of the opportunity by taking part in the Florida Dubai Link trade mission, which aims to team up around 20 Sunshine State businesses with Middle Eastern investors and business partners.

Feltrim Group Chief Executive Officer, Garrett Kenny, is taking part in the Central Florida Lifestyle & Investment Expo in Dubai from 6-7 September, to promote its new Balmoral at Waters Edge luxury real estate project and other top-class projects.

He says, “There is a stark contrast between the performance Dubai and Central Florida real estate markets. In Dubai, prices have fallen since mid-2014 and are predicted to be down around 10% in 2015.

“On the other hand, median Central Florida prices have risen for 43 months in a row, for both single-family homes and townhouse-condos, and represent an excellent option for Middle Eastern investors who want better returns than seen in their home market.

“Feltrim Group real estate attracts buyers from around the world and we know that they are impressed by the quality of our developments and the rental income potential that Orlando offers as the world’s number one theme park and entertainment capital.”

Balmoral at Water’s Edge features high-end custom homes with three to eight bedrooms, set in a 113-acre private gated community featuring tranquil parks, gardens, walkways and lakes.

The beautiful lakeside premier resort and community features a host of top-class leisure facilities, including a resort-style pool with luxury clubhouse, mini waterpark, lakeside beach, gym and spa, gourmet kitchen, restaurant and more.