Why Buy a Vacation Home Near Universal Orlando

Central Florida's thriving real estate market is giving today’s buyers of Orlando vacation homes a chance to benefit from developments that draw even more visitors each year. Orlando is home to popular theme parks like Walt Disney World, Universal Orlando, SeaWorld, and LegoLand. 

Universal is poised to give Disney some serious competition for tourist dollars in the next few years. It's already one of the most popular attractions for visitors from all over the world, featuring Universal Studios and Islands of Adventure theme parks, along with premier shopping, dining, and entertainment options for the whole family.

Holiday homes near Universal Orlando can help you get the maximum value out of your investment. You can own a home that attracts visitors willing to pay higher rates all year round.

New Epic Universe Park Impact on Orlando Vacation Home Values

In 2019, Universal Orlando announced its intention to add a new theme park to the resort. Epic Universe was described as the most innovative theme park to be developed in the area, and plans include the addition of new hotels, restaurants, and an entertainment center, among other features.

Epic Universe ie expected to generate 14,000 new jobs in the technical, culinary, and professional industries. The park will make its debut in 2023, joining popular theme parks like Universal Studios and Volcano Bay water park.

Now, Super Nintendo World will be developed as part of the Epic Universe park. This should draw even more travel guests to Orlando and the surrounding Central Florida area. 

Orlando Theme Parks Poised for Further Growth

Universal Orlando recently bought 575 acres of land, which will allow the resort to double in size a decade from now by developing new theme parks, retail centers, and hotel accommodations. 

This should enable Universal to better compete with Disney World, which is still the top draw for tourists in the area. Disney guests frequently spend the entire week there, rather than the one and two-day stays favored by visitors to the Universal resort. 

Home Investors Can Take Advantage of Orlando’s Growing Popularity

These and other additions are a big reason why home buyers need to take advantage of the opportunities that homes near Universal Orlando can provide. The new theme parks, hotels, and entertainment hubs will make Universal Orlando a premier destination for travelers looking for luxury holiday homes they can enjoy during their stay.

Increasing the size of Universal Orlando and the attractions it offers will likely increase the number of times visitors make their way to the Orlando area as well as the length of their stays.

Finding a vacation home with the features and location that attract more visitors can help you get a higher return from your investment in a short-term rental property. Team Donovan specializes in helping today’s home investors buy and sell Orlando vacation homes. If you want to learn more, contact us at (407) 705-2616 and schedule a free consultation today.

 

Image by tmanga from Pixabay Posted by Team Donovan on

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