Highlights of Buying a Foreclosed property:

* Prices start at less than $50,000 - We are selling recently built and refurbished properties from under $50,000 in desirable rental locations
* Exit Strategies - We provide clear exit strategies for resale and asset disposal
* Hassle Free Investment - We provide full management services to ensure effortless ownership for international investors
* Cash flow Positive from Day One - Due to their location and price, they provide excellent rental returns

Someplace Else Ireland, the emerging market investment specialists, have teamed up with a range of local experts to bring you a simple and direct way to purchase quality foreclosed property in Central Florida.

Throughout the subprime mortgage crisis, we have been studying the US market very closely, paying particular attention to Central Florida. While Florida is certainly not an emerging market in the traditional sense, we feel that current market conditions are presenting some incredible investment opportunities.

With valuations far below 2005 levels, the rental income as a percentage of the purchase price for certain types of properties, namely foreclosed properties (described in detail in the report below), has increased dramatically. We have located a wide range of prime residential & vacation properties in excellent condition on sale for less than 30% of their 2005 values - with purchase prices starting at under $50,000.

Simply put, economic and market forces are aligning to create exceptional investment opportunities never before seen in the USA which generate positive cashflow at a fraction of their real value.

To download our Florida Foreclosure Report - http://www.someplaceelse.ie/Florida-Foreclosed-Opportunities.pdf

Florida Featured Property for Sale

2 Bed apartment - ref: O4871443
Price - $76,000 (Circa €58,400)
Beds - 2
Baths - 2
Sq ft - 953
Location - Winter Park

Recent example of a foreclosed property:

This is an actual example of a 1 bedroom Condo which was recently foreclosed. It is located in the Metro West area of Orlando, an area with strong rental demand and is adjacent to the upscale Dr. Phillips area. Mortgage provider Countrywide foreclosed on this property in late 2007.
- In December 2007 the property was listed as "Foreclosed" at a Short Sale price of $122,000
- In September 2008 the property was sent to auction with a reserve price of $89,000
- The property failed to sell and the property became "bank owned".
- In October 2008 Countrywide reduced the price to $58,000
- On the 12th October 2008 a cash offer of $49,000 was made, which was accepted


Contact Colin Murphy for further updated listings - 1890 425 425 or + 353 1 2409364