Oviedo is one of Central Florida’s most charming small towns. It may also be the perfect location for those of you who are considering renting out a property. If you want to keep your property management experience risk-free, however, don’t go it alone. Keep reading to learn why.
Is Oviedo a Good Place to Invest in Property?
If the past decade is any indication, most definitely. Oviedo is a unique Seminole Country destination that attracts year-round residents and tourists alike. It may be just 20 miles northeast of downtown Orlando, but you wouldn’t know it if we hadn’t just told you. Oviedo’s own downtown features free-roaming chickens — a humorous hint back to the town’s homesteading roots.
Even though Oviedo has grown a lot since then, it’s managed to retain its small-town feel in more ways than one. Frequent farmer’s markets offer local produce; historic buildings are inhabited by trendy new businesses.
Oviedo’s population hovers around 40,000 people. That’s up nearly 7,000 people since the 2010 census. An accompanying influx of new development has hit the town in recent years, including new housing developments like Alafaya Woods, Oviedo Medical Center, Oviedo ER, the Oviedo Mall, Oviedo’s Gym & Aquatic Center, Oviedo’s Riverside Park, Rock & Brews, a new YMCA, a boating complex, and much more.
The town’s job market is also strong, due in large part to its proximity to several Universities and the Central Florida Research Park. All in all, Oviedo is consistently ranked as one of the very best places to live in all of the US. It’s not just a good place to invest in property — it’s a great one.
Oviedo FL: Top Property Management Insights
Oviedo might not be quite as affluent as nearby Orlando, but therein lies its beauty. Many new Florida residents are settling in area rentals as they wait for the larger city’s real estate market to cool off. Whether this market will or won’t cool off remains to be seen, but either way, Oviedo has seen a recent influx of renters.
And that means only one thing: It’s time to capitalize on your Oviedo properties. How? By renting them out, of course!
Whether you’ve already identified good tenants or are still looking for suitable ones, our property management team can help. Don’t try to navigate such a hectic rental market alone — Icon FL’s team has decades of experience getting property owners like yourself the most out of their investments. Unlike so many other property management teams, we have decades of local experience throughout the town of Oviedo. We can assist you with every step of the property management process and help you avoid any unforeseen headaches along the way.
Ready to place your investment’s returns on autopilot mode? If so, don’t hesitate to contact us. We’re looking forward to chatting more and seeing how we can assist you!