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The value of the US Dollar is down…… That translates to HUGE saving for our international buyers.

Prices in Cape Coral are still much lower than our peak, but are steadily rising.

AND

There ARE financing options for foreign nationals available….

The median price for a single family home with gulf access in Cape Coral is $375,000 USD

That is 284062.5 EUR ….

OR

370500.00 CAD

What will it cost you to own your dream home?

If you have been considering investing in a home in SW Florida contact our team today. We can assist you in the search to find the right property in Cape Coral or Fort Myers, negotiated at the right price, financed in the best manner to a smooth closing.

Common questions from the international buyer

Will I be taxed at a higher rate because I am not a US citizen?

It is often a misconception of foreign nationals interested in purchasing a home, condo, or vacant land in Cape Coral FL that they will be forced to pay a higher tax rate because of their lack of citizenship. The answer simply is NO. U.S. citizens and foreign nationals are taxed with the exact same guidelines in regards to property tax. Taxes are based on the millage rate set forth by our local government and can change from year to year. Contact your CPA for more info.

I plan to rent my investment property, what type of home will attract that type of cliental, and how much of the year will it be rented?

We find homes that are most appealing to seasonal renters are homes that encompass the Florida resort lifestyle; pool, water view with or without gulf access, upgraded and spacious with a functional floor plan. The season in Cape Coral is from October –April. Rental prices varying during those months, but you can count on much of that time being occupied.

What will it cost to maintain my property when I am not there?

Often home owners will decide to employ a property management company to take care of everything. From securing renters to making certain the home is properly maintained. The charge for an annual rental is around 8-10% of the monthly rental and seasonal rentals range from 15-25%. If you plan to manage the property yourself here is what you can expect:

Lawn maintenance / $75-$100 per month.

Pool maintenance/ $60-$80 per month

Utilities/vary- ask us about the difference in City water and Well water homes.

Alarm system or home watch company/ $50-$150 per month

House keeper /they typically work on an hourly basis/ $20 and up and are usually paid by the renter

Costs associated with marketing your property varies depending on the amount of exposure you desire. A do-it-yourself advertising campaign can become very costly. Check with a rental agent to see what is included in their fees.

What is an AS-IS purchase and sale contract?

An AS-IS purchase and sale contract is the most commonly used in the real estate profession. Often buyers associate this type of contract with short sales and foreclosures. It is in no way limited to those types of transactions. It is also not an indication that there are major issues or an abundance of repairs needed. It simply gives the buyer upfront knowledge that may save time for all parties. An AS-IS contract tells the buyer that the seller will not make any repairs; you are buying the property just as it is, with your right to inspect. If at any time the inspection reveals something you aren’t comfortable with you have the right to move on, buy the property, or reexamine the offered amount. At the end of the day everything is negotiable.

International buyers Cape Coral, FL

International buyers from all over the world are investing in Cape Coral real estate. We have met with international buyers from Canada, Germany, Switzerland, Italy, Austria, France, England, Spain, and Australia to name a few.  These international buyers are taking advantage of the investment opportunities here in Cape Coral.  We have luxury waterfront homes, more modest off water homes, even condos available at rock bottom prices.  With values so low the inventory moves quickly with a constant flow of new properties hitting the market daily in Cape Coral, FL.

If you are an international buyer we’d love to assist you with your Cape Coral real estate investment. Our real estate buyer’s agents have experience with international buyers and can guide you through the process making it as smooth as possible.

Whether you’ve invested here already or have just started to research our area we are here to help. 

Single family homes in move-in condition can now be purchased for less than 152,442.34 EUR or 198,202 CAD and fabulous Gulf Access homes can now be purchased starting well under 381,093.79 EUR or 495,505 CAD.

The prices are starting to trend upward, if you are considering a new home in Cape Coral, FL now is a great time.

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Susan Milner
Florida Future Realty Inc.
239-542-8521
inquiry@floridafutureagents.com