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€220,000
2 An Goirtin, Cul Ard, Carrigtwohill
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Cypress Cove FloridaCondos sold in 2007 at prices above $300,0001.5 hours from Orlando attractionsRental Leases in place generating 8% net returns
Price:$89,900
Location:United States
Size:752 sq ft
Nearest Airport:Florida
Bedrooms:1
Cypress Cove, a 50 unit condo offering is located just minutes from the Atlantic Coast on the North side of Melbourne, Florida. This gated community has excellent drive-by visibility on Wickham Road, conveniently located in the secluded Suntree Development. Cypress Cove presents investors with steady rental income and strong capital growth potential in the near team. Cypress Cove is located near major employers, Harris Corporation and Health First along with the being only 10 minutes to Downtown Melbourne and 1 Hour from Orlando. Residents have excellent access just east of I-95 and I-4 with direct routes into Central Miami and Orlando. This luxury 324-unit community received a complete makeover in 2005, with signifi cant capital injected into the landscaping and common amenities. Residents are drawn to Cypress Cove’s superior location next to shopping, dining, employment, and entertainment. This gated community is less than three miles from the Avenue at Viera, and just over one mile west of the Brevard County Zoo. The community is assigned to excellent public schools, including “A” Rated Suntree Elementary. The National Association of Realtors reports that Melbourne property values have increased 19.13% (Aug 2012-August 2013) which ranks in the top 15 fastest recovering real estate markets in the United Sates. Average occupancy levels across the county have reached 93%. With assets like Cypress Cove selling below replacement cost, investors are likely to see signifi cant returns as the market continues to improve.
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As the housing shortage worsens, Irish developers have started picking up the pace Housing completions rose by about one-fifth in the second quarter of the year. Paul O'Donoghue, FORA, 06/09/2016 ............................................. How Brexit will affect Irish Property.............. Philip Farrell Irish Independent 03/07/2016 The most over-used word in the English language over recent weeks has been Brexit. It is simply impossible at this juncture to assess what is going to happen. There are too many factors outside our control. From a property perspective, the job at hand is to limit the damage to the sector and identify how we as a nation can benefit. What are the views of prominent players in the industry here? ............................................... John McCartney Chief economist, Savills "Brexit will lead to slower growth in the economy here. This suggests weaker jobs and earnings growth which, all else remaining equal, should lead to slower house price inflation than would otherwise have been the case. Weaker sterling - which was immediately evident following the Brexit announcement - may also impact negatively as this makes it more expensive for UK buyers to purchase in Ireland. ............................................... ............................................... Jack French & Associates is regulated by the Property Services Regulatory Authority. Licence No. 002121