Foreign Investors Snapping Up New Florida Townhouse Development



International investors are snapping-up the luxurious townhouses at the new and exciting Fountains at ChampionsGate, at Orlando, USA.

 

The buyers of these beautiful homes are located all around the world with approximately three-quarters of buyers are likely to be from the UK. Gary Kenny, CEO of Feltrim Developments, tells us that, “Possibly the most surprising factor at The Fountains is  that the  majority of buyers at the development in Florida will be from the UK – around 70% – with the remainder being snapped up by the Chinese ( around 20%) then the Canadians, a few from Brazil, and then northern Europe, particularly Scandinavia.

 

The US$29million Fountains at ChampionsGate, at Orlando, USA, which features 80 Mediterranean-style townhomes, is Feltrim Developments’ first new-build project in five years.

 

Townhome Prices

 

Prices start at US$336,000 for a three-bedroom/two-and-a-half bathroom townhouse and at $382,000 for a four-bedroom/three-and-a-half bathroom home with garage, but a 10% discount is currently being offered, bringing the entry price close to US$300,000.

 

Attractions

 

ChampionsGate is only 20 minutes from Orlando International Airport and close to the major highways I-4, US-192 and the Florida Turnpike. Florida also happens to be the theme Park Capital of the world. Such attractions include Walt Disney World Resort, Universal Studios, SeaWorld and Legoland, plus leading golf courses, excellent shopping and restaurants.  The big theme park owners are investing billions in new projects to attract more visitors.

 

As we all know, more visitors equals more buyers and Feltrim personally believe that The Fountains at ChampionsGate will prove to be a really attractive destination for international house hunters.

 

ChampionsGate  is renowned for its  Golf  Club, which includes  two  premier  18 -hole  Championship  Golf  Courses designed  by  Greg  Norman, a  35,000  square foot clubhouse, a  pro  shop, and  banquet  services  for up  to  300  guests.

 

The town homes have already started selling stated Garrett Kenny CEO of Feltrim Group. There has been a high level of interest already shown in the development, which demonstrates the popularity of the Florida market.

 

Kenny stated; “The enthusiastic response to the launch of The Fountains is proof not only that confidence is strong again in the Florida property market but the huge number of enquiries from British and Canadian buyers shows that investors in the UK and Canada, again see the overseas property market as a safe and profitable place for their money.”

 

Brookes & Co, which has exclusive marketing rights for The Fountains in the UK, is currently offering clients a 10% discount on published prices, a $10,000 cashback at closing to all cash buyers, and, to the first 12 buyers, a free premium grade furniture pack worth US$28,000.

 

Feltrim Group can also help international buyers arrange mortgages of up to 75% loan to value.

 

Each comes with the option of a private spa or plunge pool and there in a heated on-site swimming pool of more than 2,000 square feet. The development also features a private clubhouse and fitness centre.

 

Garrett Kenny, CEO of the Feltrim Group, says, “I expect The Fountains at ChampionsGate to become one of the top international destinations for homebuyers and investors. “Throughout the US since 2012, a huge US$84 billion worth of real estate has been purchased by foreign buyers. Central Florida has been particularly popular as a worldwide destination. This is a smart investment – Central Florida is the self-proclaimed tourism capital of the world. Our theme parks draw in tourists from around the globe, with over 54 million visitors last year which surpassed even New York.

 

For more details, see the development’s website at www.fountainsatchampionsgate.com.







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