Thursday 20 June 2019

BUYER'S MARKET

Margaret Carragher

'Only a fool holds out for the top dollar." So said Joseph P Kennedy, Big Daddy of the Kennedy clan -- and he wasn't short of a bob or two. Opining on Florida's current property market, Dublin-born US real estate agent Deborah Ryder says: "I would paraphrase Kennedy in suggesting that only a fool would wait until we hit rock bottom before buying. Now is definitely a buyer's market."

MCZ/Centrum Development specialises in the development of residential and commercial properties in the US. Developments in Florida include The Palms Club and Mirabella in Orlando.

A limited number of condos here are now for sale to Irish investors by real estate agents and sisters Deborah Ryder and Rachel McCormac, in a joint venture with MCZ/Centrum.

The Palms Club is a prestigious, hi-spec, gated community situated on MetroWest Boulevard, between downtown Orlando and all the theme parks. The Mirabella, with resort-style pool, sundeck, fitness centre and kiddies' playground, is situated just outside the Disney compound and minutes from the Premium Outlet Mall.

Prices have been slashed by over 40pc, and the developers are offering two years free service charges to Irish buyers.

You've been warned.

Launching this weekend at The Westbury Hotel, Dublin. For further information or to make an appointment contact Deborah Ryder on 085 777 1324 or Rachel McCormac on 087 750 1757 or visit www.liveat- theplamsclub.com or www.liveatmirabella.com

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