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October 6, 2005

Florida offers good value property

Nowadays, buyers’ interest is greatly turning towards Florida’s west coast, better known as the Gulf Coast. At the boundary of Gulf of Mexico, the coastline from Tampa south to Naples has become very popular. Property on the coast is appealing with its many golf courses, sightly fishing spots, lovely sandy beaches and pleasant nature. The Florida Association of Realtor’s said the average prices on the Gulf Coast range from $222,900 in the Tamp-St.Petersburg-Clearwater metropolitan area to $343,600 in the Sarasota-Brandeton region. Statewide, the average is $250,500.

Tampa is the third biggest city in Florida after Jacksonville and Miami. As it prepares to host the 2009 Superbowl, the city is undergoing major redevelopment and part of this is the construction of a number of apartment blocks and condominiums in the downtown area. Amidst nature preserves, parks, rivers, historic districts and flourishing new neighbourhoods, Tampa has been a popular winter destination for America’s rich and famous for a long time now. Moreover, Tampa has its own airport which offers direct flights from the UK with some airlines such as British Airways, United Airlines and Virgin Atlantic. One hundred fifty miles south from Tampa, Naples can be reached in only two and half hours by road. As expected, prices in Tampa City can be quite expensive and a lot of second home buyers usually look for a property outside of the city, particularly in St. Petersburg or Clearwater.



St. Petersburg, also known as St. Pete, is located 20 miles south of Tampa and has one of the world’s most famous beaches. With a reputation of having 360 days of sunshine a year, St. Pete earned the title ‘The Sunshine City’. Closeby is Clearwater where you can own a three-bedroom, two-bathroom home with 1,394 square feet of living area for $184,900.

One hour south of Tampa and only two hours south-west of Orlando, Sarasota was voted the ‘best city in the United States’ in 2004. It offers peaceful surroundings combined with big city amenities. Here, delight yourself in a quiet walk by the scenic bay on which the city is built, shop at many designer outlets or spend the night at one of its many theatres, art galleries or museums. This is why Sarasota is known as the ‘cultural city’ of the Gulf Coast.

The Sarasota-Brandeton region is also known for its many white sandy beaches especially Venice Beach which is just 15 minutes south of the city. A four-bedroom, three-bathroom home in the Cheval II development in the Venice/Englewood area by Trotter Homes is priced from $251,000. Another popular area for property buyers on the Gulf Coast is Naples, named after Napoli in Italy. Visitors there would think they are in Mediterranean Europe where there are beachside cafes, local shops (open until 10 or 11pm), a lot of golf and relaxing atmosphere. The ambience of Naples has made it popular with retirees searching for a holiday home and even permanent residency in Florida. You can own a brand new one-bedroom, one-bathroom townhouse in a lake community in Naples from $189,000. Enclosed by the Everglades, Collier Country which controls the development in Naples knows of its obligation to preserve the land. This means that there will never be unrestrained development in the area.

Posted on: Florida

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