Overseas property news - Family-friendly florida tops holiday wishlist

Family-friendly florida tops holiday wishlist

Photo: Fifth World Art

When it comes to summer holidays, it seems that family-friendly fun in the sun is at the top of the list of requirements for UK holidaymakers. A recently published survey from HomeAway.co.uk in association with UKMums.tv found that 65  per cent of holiday trips and activities are decided upon by children, along with 50  per cent of meals and 60  per cent of decisions as to whether to head for the beach or stay by the pool.

With the children so firmly in charge, it is perhaps unsurprising that Florida – and in particular Orlando – is such a perennially popular choice of summer holiday destination. thanks to its family-friendly array of theme parks and water parks.

Only 6 per cent  of those surveyed were not prepared to sacrifice any aspect of their holiday plans for their children. The findings are backed up by data from the latest TripAdvisor family travel survey, which found that family holidays have increased in popularity this year. While in 2013 only 85 per cent  of respondents planned to travel with family, the figure rose to 92 per cent  for 2014.

While 55 per cent  planned to travel with their spouse and children, a significant number (20 per cent) intended to travel with extended family – and again, the climate and myriad attractions of Florida can be understood in terms of their appeal for such groups. Indeed, of the TripAdvisor top ten Travelers’ Choice Hotels for Families in the US, the Orlando/Kissimmee area claimed two of the top three spots.

Philip Button, Managing Director of specialist property investment firm Brookes & Co, travels regularly to Florida with his two sons. He comments: “I’m lucky that my work takes me to Florida every 6-8 weeks, but I also travel there for pleasure trips with my family as well. Orlando is an outstanding city, with something to offer everyone. I saw from the Visit Orlando figures released recently that Orlando has now been confirmed as attracting more visitors in 2013 than New York – a record-breaking 59 million, in fact – and I can completely understand why.”

Button’s work Sees him regularly inspecting the progress of the development underway at The Fountains at ChampionsGate, where Brookes & Co are working in partnership with Floridian developer Feltrim to offer high end three and four bedroom villas as investment properties to the UK market. Button himself is buying there – with villas available from £212,512 and US mortgages available, he Sees it as the perfect family investment.

“Buying at The Fountains makes sense to me as a parent," he says. "I can use the villa for six weeks completely free without compromising my rental income. For the rest of the year, it will generate an income at the same time as allowing my capital to grow.”

The popularity of The Fountains with Brookes & Co’s UK clients has shown the resort’s family appeal. The majority of buyers have been family groups, with two or three generations of family attracted to the lifestyle element of the investment, as well as the healthy financial returns.

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