Villas at Chanler
ID: 6085228
£12,772    Building Plot
Usa > Property in Haines City
Haines City, Polk County, Florida, USA
Unit Price
Building Plot
  • GBP Price: £12,772
  • EUR Price: €15,540
  • USD Price: $20,000
Important Features
  • You can own free hold real estate in Orlando for only $19-995
  • You're purchasing at a Substantial discounted from 2006 pricing
  • No tenants to manage- no vacancy periods and no ongoing maintenance costs- you always know where you stand financially!
  • This is truly a hassle free hands off investment
  • Very low fixed holding costs
  • We can offer a full land management service including the exit strategy
  • This investment could quite easily return more than 50% within three years
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American Real Estate #6085228 - £12,772 - Building Plot
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American Real Estate #6085228 - £12,772 - Building Plot
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Full DescriptionID:6085228

Land bank investment opportunity

Investing in a fully developed land plot (which includes all of the infrastructure, utilities etc) can be very lucrative, especially if you're purchasing below development cost in an established community.

Developing the land at Chanler would have carried great risk and cost to the original developer, being dependent on the public sector for approvals and infrastructure works, as well as the long investment period with no positive cash flow. The cost of land development can exceed $25,000 per plot (depending on the total number of plots) excluding the fees and holding cost.

Due to the market crash in 2007, the construction industry ground to a halt and many developers were left with fully developed land plots, ready for construction, and no buyers for the new homes and therefore were unable to keep hold of the land due to financial obligations.For these reasons, the opportunity to purchase a fully developed, construction ready, plot at the Villas of Chanler is so unique. 200 of the 273 homes at Villas at Chanler were built between 2006 - 2007 with sales prices starting from US$45,000 for the developed land plot and US$199,000 for construction of a home. There are now only 24 plots left at a substantial discount to historic pricing.

How does it work?

The appointed managing agent will look after your land investment, including the resale of the land at the right time. Developed land plots at Villas at Chanler were selling for up to US$45,000 in 2006 per plot. As you’re purchasing at a substantial discount to the previous developed land cost, the managing agent will, at a future date, approach multiple house builders to secure the highest price on behalf of all of the owners in the community. Due to the increasing demand for new homes, developed land offers the perfect solution for house builders as they don’t need to go through the cost or timescales associated with planning and developing the land. This means that they can start  building  almost immediatly thus making your investment a very valuable commodity. The managing agent will keep you informed on all association matters, they will take care of the annual nominal land tax bill and advise on the best time to sell and handle the full sale on your behalf.  
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American Property: Building Plot in Haines City - 6085228

This is where all the British and European investors come to buy Florida property. You can get to Disney in 15 minutes on a good day from Haines City, which is one the “four corners” in the tourist corridor.

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