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Fort Lauderdale, located in the south of Florida, lies along the Atlantic coast and is viewed as one of the primary locations within Florida itself. It has a large population within the city and surrounding area of approximately 500,000 people and is boosted during the year as it is also one of the more popular tourism locations as well as being a staging post for cruise lines to start and end their cruise tours.
During the year is can have as many as 10 million visitors and is know world wide as the 'Venice of America' because of its expansive and intricate canal system. As a major yachting center, with 42,000 resident yachts and 100 marinas and boatyards the region attracts many people who are affluent enough to enjoy all the water sports available and being only 23 miles north of Miami residents are within easy reach of a waelth of over 4100 restaurants and 120 nightclubs.
Fort Lauderdale is named after a series of forts built by the United States during the Second Seminole War -- forts that took their name from Major William Lauderdale, who was the commander of the detachment of soldiers who built the first fort.
Fort Lauderdale's economy is heavily reliant on tourism with Cruise ships and water recreation providing a high level of of the revenue which in turn attracts a more sophisticated and affluent tourist which means this regions is a high candidate for anyone looking to purchase a proeprty for personal or investment use.
The downtown area, especially around Las Olas Boulevard , has seen development in the past decade, and now hosts many new hotels and high-rise condominium developments. The downtown area is the largest in Broward County, although there are other cities in the county with commercial centers. Office buildings and highrises include Las Olas River House, Las Olas Grand, 110 Tower (formerly AutoNation Tower), Bank of America Plaza , One Financial Plaza , Broward Financial Center, Wachovia Center, New River Center, One Corporate Center, 101 Tower, and SouthTrust Tower Other improvements include a wide array of new boutiques, art galleries, and restaurants.
The Fort Lauderdale metropolitan area foreclosures increased 127.4% from 2006 to 2007, or one filing per 48 households in the quarter. Fort Lauderdale ranks fourth in the list of top 10 metropolitan areas ranked by foreclosure filings per household for the third quarter of 2007.
Fort Lauderdale is a major manufacturing and maintenance center for yachts. The boating industry is responsible for over 109,000 jobs in the county. With its many canals, and proximity to the Bahamas and Caribbean , it is also a popular yachting vacation stop, and home port for 42,000 boats, and approximately 100 marinas and boatyards. Additionally, the annual Fort Lauderdale International Boat Show, the world's largest boat show, brings over 125,000 people to the city each year.
Companies based in the Fort Lauderdale area include AutoNation , Citrix Systems , DHL Express , Spirit Airlines, and National Beverage Corporation. Gulfstream International Airlines , a commuter airline, is headquartered in nearby Dania Beach
Florida and Florida Homes For Sale in one of the world's top destinations
Search for Florida Homes For Sale from villas to townhomes, condos and investment property for sale in the top rated Florida hotspots - Orlando, Miami, Naples and Fort Lauderdale.
Florida is the Sunshine State and is almost 640km (400 miles) deep and 200km (130 miles) wide. For millions of people the climate is the main reason for visiting time and time again. This peninsula enjoys year-round semi-tropical sunshine where the temperature rarely dips below the 70's during daylight hours with a coastline that is almost trebled by the abundance of off-shore islands. The state's economy is based in the main on tourism, fruit and vegetable growing, cattle-raising, food processing and space technology. Direct from the United Kingdom, flight times are approximately 9 1/2 hours and for those already in the USA, 2 1/2 hours flight time from New York.
Whether you are interested in a residential home or a second home we have access to a wide selection of quality products built by leading developers. We can show you how you can afford the property of your dreams and even make money on some while you wait. Contact us to start the process of getting to know just what International Property Developers can do for you.
The reality is that regions of the USA such as Florida and Las Vegas have for a long time been attractive destinations for vacations and hence investment potential. Whilst the markets move up and down there is always a vested interest globally for these well-known spots and over the long-term they usually perform well. California, Texas, Carolina are also viable entry points into the market place. Off-plan condominiums in ideal locations still sell well and act as a benchmark for the investor market. The USA and North America generally can can still provide buyers with exceptional returns in a known and accessible market.
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