Orlando calls for more properties to meet high investor demand

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Orlando attracted more visitors than expected in 2011, according to figures published from Visit Orlando, which showed more than 55.1 million visitors came to the state.

The theme park capital of the world had an all-time visitor high, which has instigated the demand for more good quality properties to sell.

Property sale specialists in Florida, Feltrim International, saw an increase in property sales as a result but they have now reported a shortage in quality real estate.

Adam Cornwell, Managing Director of Feltrim International, said: “Yet, despite having a variety of new developments, single family homes, pre-tenanted condos and foreclosures in our portfolio, our challenge now is to find more good quality property to promote and sell.

“Several clients who holidayed in Feltrim’s Mediterranean-styled Tuscana resort packed with leisure facilities went on to buy their own unit for a knock-down price of 105,000 US dollars for a two bed – this confirms that the demand is there and we need more of the same to bring to market.”

The demand for property is supported by the figures that show New York was knocked in to second place as the most visited city.

“In 2010 Orlando attracted 51.5 million visitors, knocking New York way into number two spot, and in 2011 was expected to top the 53 million mark.

“However, when the figures came in, the tally was even more astonishing. Orlando has set another record for any US travel destination and visitor numbers are 7.2% higher than the previous record breaker,” added Cornwell.

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Orlando calls for more properties to meet high investor demand

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