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Old 03-10-2010, 11:10 AM
 
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I am looking to buy an investment condo in Naples. We do intend to use it 5 to 7 years for annual renting until retire.[/font]
After retirement the intention is to use condo for 4-6 months in the winter time.[/font]

We are looking so far to these developments: Botanical Place, Positano Place and Stratford.[/font]

Any other good choices to take a look? From the ones above which has the best annual renting potential?[/font]

Thank you in advance for your answers.
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Old 03-12-2010, 08:09 AM
 
Location: Full time in the RV
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Botanical Place is a nice new (2006) development. It is on Bayshore Drive which has long been a ghetto area. This is changing with this and other "revitalization" of the area taking place.

Positano is also new and decent in a good location.

Startford-the one in Berkshire or Pelican Bay? I'm assuming Berkshire since Pelican bay is much, much higher than your other choices. This is a very nice area.

There are tons of condos along Davis Blvd and plenty of others in decent areas.

I know nothing of the rental market but my guess would be Stratford would be best for snowbirds and Botanical for families. Positano somewhere in the middle.
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Old 03-12-2010, 12:33 PM
 
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Thank you RMD3819, your information is very helpfull. Yes you were right it was about the Stratford on Berkshire
Are there any similar condo developmments in the same price range?
For Davis Blvd are you reffering to Falling Waters which is very nice but over our budget..
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Old 03-12-2010, 12:47 PM
 
Location: Full time in the RV
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Kings Lake, Moon Lake, Foxfire, Countryside, Glen Eagle are all on Davis.

Take a look at those.

What is your price range?
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Old 03-12-2010, 03:46 PM
 
Location: Lakewood NJ/Murrells Inlet SC/ N. Naples FL/Swainton NJ
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2885 Citrus Lake Drive # 106, Naples (Lakeview). Hot property. Next store to me and I love it here......
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Old 03-12-2010, 07:01 PM
 
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Thank you for your answers. I am looking around 100K....
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Old 03-12-2010, 09:20 PM
 
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What about Sherwood development?
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Old 03-13-2010, 05:48 AM
 
Location: Full time in the RV
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Sherwood is a nice area. That is a convenient location.
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Old 05-05-2010, 05:08 AM
 
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Thinking about buying a condo in Naples on the Beach is it pssible to get a real nice complex with lots of amenities for under 150,000 still. Also, Can anyone give me some info. on the best areas around the beach to live in Naples and the surrounding areas. Is the humidity totally unbearable in the summer I live near Dallas and gets into 100s, Does the area get a good Ocean Breeze. Last thing has anybody had any problems with aligators, snakes or Sharks.
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Old 05-05-2010, 02:02 PM
 
Location: Full time in the RV
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You won't find anything on the beach in Naples for that price.
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