Naples Floirda – The Key Luxury Real Estate Destinatio

Trio | New Development | BartleyRealty

The real estate market in Naples Florida has witnessed a positive growth this quarter of the year, with many new constructions projects nearing the stages of completion. The market for real estate in DowntownNaples, Fl, is gearing up for growth, with a comeback of an old trend. The trend of house flipping has returned and is indicated in the discounts under 10%, thereby reducing the profits. This trend has also shown signs of market slow-down with a lesser profit margin but, in effect indicates a good future for the real estate market. For the luxury home buyer class, there are many new construction ventures and investment opportunities to get started with their investment plans in Naples, Florida. The rapid growth in the market for new construction projects in Naples, Florida can be attributed many factors of which, the increase in the price per square foot is a primary factor. This increase in price with time is also the reason the house flipping trend has made a comeback.

The price per square foot has observed an increase of 26% over the last three years. During the month of February, the home sales dropped drastically, indicating the attainment of valley point for the year. This drop also indicated a rise in the home prices which was an expected trend thereafter. Hence, a strong market foundation for waterfront luxury realestates Naples was laid during the month of February. With a good economic growth boosting the new construction ventures in Naples, the prices showed an increase of 12.5%. This increase is encouraging for the investment oriented buyers, who have long-term plans for vacation rentals. The quarterly report for the year 2106 is thus very encouraging and promising at the same time. Many new construction projects near waterfront locations have caused an increase in inventory movement. Also, being involved in the construction projects from the scratch helps the buyer have more control over the house architecture and design. Many factors have fueled the surge in new construction projects in and around Naples, in Florida.

The increase in construction ventures arises from the fact that there is a gap between the demand and availability of single family homes with certain construction preferences. The real estate companies have aimed to narrow down this gap by setting the pace for many construction projects. While the new construction houses seem to be in great demand, the Naples realestate waterfront properties have also observed an increase in demand with the section of buyers who prefer a contemporary style of architecture.

With builders offering novel incentives for new construction homes, many buyers are interested in opportunities for investment in Naples as it attracts tourists all through the year. With increase in retiree and second home buyer population, the sale activity in Naples is set to grow exponentially this year in the next quarter. But the class of buyers who have investment and returns in mind may find that price appreciation for the houses may be slow in catching up. To be able to judge a property for its returns in near future, it is best to consult well known real estate agency in Naples. The agency will be able to sort out the list of luxury homes forsale in Naples, Florida and properties for commercial investment, which meet the requirement criteria mentioned by the buyers.