Today, we continue our series based on popular relocation destinations around the world, with the focus on Sarasota. Sarasota is a beautiful city located at the southern end of the Tampa bay area, north of Punta Gorda and Fort Myers on the southwestern coast of Florida in the US. According to a recent report, there was an increase in purchases of real estate in Sarasota Florida in the year 2015. These were attributed to the growth of the economy and a high demand from both retired folks and younger individuals. The price of property in the area is increasing and the main factor behind this is the principal of demand and supply. However, having said this. although there are many luxurious high-end homes available with fabulous sea views, you can also find smaller properties with great locations in Sarasota for around $200,000.
Types of properties in and around Sarasota, Florida
Townhouses and Condominiums
Multi and single family units
Benefits Of Living In Sarasota, Florida
Life in Sarasota is very affordable, as when you buy a house in Sarasota, you benefit from low energy costs, low property taxation, a variety of housing options and an annual property tax deduction.
Excellent weather: There is virtually no winter season in Sarasota since it’s hot and humid during the summer, and because it’s located near the coastline residents receive frequent rains mostly in the afternoons.
The amazing beaches of Florida are possibly what attracts most new people to the area, but there is a whole lot more to keep you busy in Sarasota. The many local attractions include a multitude of museums, botanical gardens, and the famous Mote Marine Laboratory and Aquarium. Culture and shopping are also major aspects of Sarasota. Visitors and resident can enjoy plenty of night clubs, live sports events and concerts.
Sarasota is the most secured city in the Florida state as compared to other states in America. Emergency services are readily available in case of a security threat.
Mortgage rates are very low at the moment and this has attracted many new home buyers. Since rents have risen somewhat during the last couple of months, many people are seeking a mortgage. Financial stability is guaranteed when one has purchased a home in Sarasota. It has an improved job market and so home buyers have a strong job security and high hopes in case their jobs fails.
If Sarasota is a city that interests you, get in touch with The SRQ Duo. They are realtors in Sarasota that offer a wide range of properties to suit al budgets, and their site has plenty of information on what to do in and around Sarasota, plus a mortgage calculator and guides for both buyers and sellers.