Vacation rental owners suffer from slow Florida real estate market

August 08, 2006 (PRLEAP.COM) Business News
“Being on the rise for many years in a row, the entire Florida real estate market slowed down noticable while home owner got stucked with rising taxes”, says Torsten Koch, a resident from Cape Coral for more than 10 years and owner of www.Vacationhit.net , a well known and reputable online agency for affordable Florida vacation home rentals.

“While property value decreased and the taxes keep rising here in SWFL, more homeowners than ever before, are now forced to rent out their second home to vacationers coming to Florida. The result is a very unusual and high amount of available vacation homes for the upcoming season in December this year. There are plenty of homes that you still can rent for as little as $350.00 per week, something we have not seen for years here in South West Florida”, says Mr. Koch.

Only the very high end category of luxury villas and gulf access homes are still rare and therefore expensive to rent. Those are usually sought after from guests that want to bring their own boat or rent a boat locally and enjoy to have it docked right at their home. But the mass of available and very affordable units are newly built and nicely set up 3/2 pool homes in short distances to our local beaches, shopping and restaurants.

Those are current average vacation rental prices for South West Florida,
for more information go to www.Vacationhit.net .

1/1 Florida Condo, off water, week from US$ 300
2/2 Florida Condo, off water, week from US$ 400
2/2 Florida Home, off water, week from US$ 500
3/2 Florida Home, off water, week from US$ 600

3/2 Florida Villa, on water, week from US$ 1000
4/2 Florida Villa, on water week from US$ 1400