Apartment For Sale
€43,112
There are less than 30 beautiful completely upgraded one, two and three bed tenanted units available in Siesta Lago. Built on a beautiful central lake and landscaped to a lush tropical finish, the seller bought the community at the top of the market, at a price per unit that would make your eyes water.
Beautifully set out and maintained, this community offers ground floor and first floor properties only. All have own door access featuring fully-equipped kitchens with appliances, air conditioning, hardwood floors, high speed internet, vaulted ceilings and walk in closets.
Upon first visiting this community, we were hugely impressed with the build quality (solid concrete construction), the landscaping and the central lake. The time and money that goes into maintaining the general tidiness and appearance of the community was very evident.
• $ 59,900 - 1 bed 1 bath units 894 sq ft (average net rental yield: 8.47%)
• $ 74,900 - 2 bed 2 bath units 1,163 sq ft (average net rental yield: 8.51%)
• $ 99,900 - 3 bed 2 bath units 1120 sq ft (average net rental yield: 8.48%)
Siesta Lago is less than 10 minutes south from MCO the international airport, a huge local employer and gateway to the rest of the country. Also nearby is the UCF campus, the third largest University in the USA with 56,000 students and 9,000 faculty members. Proximity to UCF is a major reason why people buy and rent in Siesta Lago.
Just 20 minutes in the other direction is the brand new Medical City and world famous Burnham Institute which is one of the world’s leading medical research facilities with 8 research institutes and hospitals and thousands of highly paid scientists and doctors and medical professionals.
Location - In the heart of Orlando and just minutes from the international airport
Unit Types - Selection of 1 & 2 bed condos and 3 bed villas
Unit Sizes - 1 beds (894 sqft), 2 beds (1163 sqft), 3 beds (1120 sqft)
Price range - From $59,900 (€46,000 / £38,500) to $99,900 (€77,500 / £64,000)
Occupancy - Achieving almost full occupancy, which speaks volumes for the quality of the community
Rental Yields - The average net yield is a terrific 8.5%, although a select few are higher
Facilities - Pool, spa, gym, tennis, bbq areas, lake, playground, gardens, clubhouse, gated entry
Features - Balcony or terrace, hardwood flooring, internet, appliances, walk in closets, aircon
Investment Type - Completely hassle free investment with full aftersales service
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