DSR Enters Tampa with the Slade
Overseas Property News - America
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Overseas property investment specialists DSR have added another fantastic American property to their books. The Slade is in the Channelside district, one of the most vibrant and upcoming areas of Tampa, Florida, which has already bottomed and is currently on the up-shot of a V shaped recovery, that is according to DSR's head of international research Liam Bailey:
"When a market takes a downturn, like the US has almost completely across the board, meaning all states, serious investors and analysts talk about U, V and L shaped rebound, with regards to how quickly the market's recovery will be once it hits rock bottom."
"Florida has already troughed, he continued "having fallen very quickly, and is showing signs of rapid growth, which makes its pattern a V-Shape. Property price growth for Florida is expected to be 10.2% per year for the next few years. That is on the resale market, carefully chosen off-plan property, picked up at a bargain below the market value, will hit its market value when it is completed, and then grow at 10.2% per year."
DSR's Slade development is just that, carefully chosen off-plan property, and priced below its market value for the prime location on which it rests:
The Channelside is an upcoming district of Florida's vibrant Tampa Bay. The Slade is 2 blocks away from Tampa port, once home to rows of warehouses Channelside is currently seeing major regeneration and a host of new developments, including a new 5 star hotel being built directly across the street.
Another development being built right by the port has unit prices of one million dollars and above, making the Slade an excellent opportunity with 1 bedroom apartments available from as little as £144,000. Slade apartments come with a 2 year 6%p.a. rental guarantee, 2 tax-free years, and maintenance costs covered by the builder for 2 years. Amenities include a 2 level fitness suite, infinity edge pool, salt-water pool, and a roof-top sun-deck.
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