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#owa | Market News Blog

Monday, January 9, 2017   /   by Amy Norris


The 520-acre Owa development is adjacent to the City of Foley’s $40 million sports tourism complex which features 16 state-of-the-art outdoor fields and a 90,000 square foot indoor events center that is slated to open in the summer of 2017. Phase One of the project, which includes the 150-room hotel, retail and dining spaces, amusement park and lake will open Summer 2017. Future plans call for a waterpark, additional hotels, a condominium complex and a resort-level RV park. When complete, total investment in the development is expected to top $500 million. The two projects will provide a seamless experience for “sport families” who travel to the area specifically for tournaments, but who will avail themselves of opportunities offered by Owa to entertain the entire family. The Poarch Band of Creek Indians on Wednesday unveiled detailed plans for a new “first-class, family-friendly tourist A ...

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  #owa, #preconstructional, #amysellsthebeach, #foleyamusementpark

Friday, January 6, 2017   /   by Amy Norris

Buying Florida or Alabama? The BORDER OF INDECISION

If you have every been one of the happy people to come visit our beaches, you know that both areas of our coast are wonderful.  But as much as the bras hang on the ceiling of the Florabama, you may have indecision hanging on your mind for which state to buy in.  Naturally, we would advise you to consult your CPA, attorney, and realtor, etc. for your personal situation. Here are are some things to think about:

Orange Beach/Gulf Shores, Alabama..What you need to know
1/3 of cost for property taxes generally when compared to FL
$$$ RENTAL INCOME - Higher gross annual rental income if your buying a gulf front home or condo
More BeachFront/GulfFront homes that are truly ON the beach..not across from the beach
New Luxury condos with fabulous rental income
No property taxes for some that retired
Usually easier to resell than FL properties due to taxes
Lots of restaurants and things to do: Tanger Outlet Shopping, 2 Starbucks, 2 theaters and The Wharf just to mention a O ...

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  #florabama #buyfl #buyal #amysellsthebeach #fltaxadvantages #altaxes, #alcaptialgainstax, #alvacationrentals, #meyervacationrentals, #kaiservacationrentals, #condosforrent, #preconstructional, #owa

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