Businesses Are Investing In Vacation Homes In Reunion
Here’s why . . .
Reunion Resort is in a great location – about 30 minutes south of Orlando in the heart of the vacation home market. It’s only 15 minutes from Disney World – 25 minutes from SeaWorld – 30 minutes from Universal Studios – and no more than 30 minutes from the Orlando International Airport, great shopping and award-winning restaurants.
Reunion Resort offers outstanding amenities . . .
3 championship golf courses designed by Jack Nicklaus, Arnold Palmer and Tom Watson
A $multi-million water park
An award-winning tennis center
A large business center with large meeting rooms and banquet facilities
A number of excellent restaurants ranging from very casual dining to fine dining
(This photo is of the restaurant Eleven located on the 11th floor of The Grande.)
There are 3 types of homes in Reunion Resort –
There are condos, which range in price from approximately $150K to $500K.
There are townhouses, which range in price from approximately $175K to $225K.
And, there are single family homes, which range in price from approximately $300K to $9.75M.
Which ones are businesses buying?
There are only a select few homes in Reunion Resort that make good investments. The homes are single family homes with at least 8 bedrooms and range in price from $1.25M to $3.0M.
Though the larger size is critical to generate a large enough income to pay the additional expenses of owning a home in Reunion and a profit, it is not just the larger size that is critical for them to be profitable. A home’s amenities and features are also critical. Certain amenities and features will attract the renters who will pay a premium rental rate. Amenities and features like . . .
A large private heated pool and spa
A full, modern kitchen
A large dining area – large enough all can dine together
A movie theater
A game room
Large bedrooms with en suite bathrooms
Businesses are investing in these vacation homes to use for business meetings and entertaining clients and for personal use. And, when the homes are not being used for business or personal enjoyment, they are being rented. If the vacation home is rented just 60% of a year, the return on the cash invested after all expenses and loan payments (assuming 20% down on a mortgage and as much as $50K-$75K for upgrades/renovations) will be approximately 15%.
Is investing in a vacation home in Reunion Resort a good idea for your business?
From a business standpoint – It’ll be great for business meetings and outings, for entertaining and employee perks.
From a personal standpoint – It’ll be a great place to go for personal vacations with family and friends.
From an investment standpoint – It’ll be a great income producer capable of covering all expenses including loan payments AND generating a profit. Plus, there is significant potential for asset appreciation. There will never be another Reunion Resort – a resort with 3 championship golf courses, a water park, a tennis center and many other outstanding amenities that is in a location so close to the major theme parks and other great venues for dining, fun and entertainment.
Click here to see the 8 plus bedroom homes currently for sale in Reunion as described above.
Owner – The Pro Agent Group