What is the story about?
What's Happening?
MB Resort Orlando has announced a significant milestone, achieving a 25% pre-construction sell-out with over $100 million in sales. The resort, located near Walt Disney World, is being developed by MB Signature Properties and will feature 199 fully furnished residences. These units are designed to accommodate up to eight people and include amenities such as a rooftop terrace, wellness center, co-working space, full-service restaurant, and a state-of-the-art gym. The project is being constructed by Welbro Building Corporation and managed by Paramount Hospitality Management. Completion is expected by 2029. The resort employs a Deeded Fractional Ownership model, allowing investors to purchase property fractions starting at $35,000, offering legal security and potential rental income. Investors also gain access to a network of over 3,200 resorts in 90 countries.
Why It's Important?
The development of MB Resort Orlando represents a significant investment opportunity, particularly for international buyers seeking high-yield returns. The use of a Deeded Fractional Ownership model provides a unique investment structure that offers both legal security and potential income, appealing to a broad range of investors. This model also enhances the resort's attractiveness by providing access to a global network of resorts. The project's location near a major tourist destination like Walt Disney World further increases its potential for success, promising steady demand for accommodations. The initiative reflects broader trends in real estate investment, where fractional ownership and international buyer engagement are becoming increasingly popular.
What's Next?
As the project progresses towards its 2029 completion, MB Resort Orlando will likely continue to attract investors, particularly those interested in fractional ownership models. The ongoing development may also stimulate local economic growth, providing construction and hospitality jobs. Additionally, the introduction of ClickMBuy, a digital platform for international real estate transactions, could streamline the investment process, potentially increasing sales and investor interest. The resort's success could encourage similar developments in the area, further boosting the local real estate market.
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