Florida is offering property investors some "fabulous" opportunities due to the large-scale availability of foreclosed property at low prices, it has been stated.

Those looking to obtain foreclosed Florida property would normally need to find specialist dealers in order to process a transaction, but now simply need to sign up to the forthcoming expo in Orlando next month, Shelter Offshore has said.

The portal added that despite the recent property problems, the tourist appeal of the state remains and because of this investors are still "ploughing" money into golf courses and tourism facilities, which it said could benefit buy-to-let investors.

Referring to the Orlando expo earlier this month, director of Property Abroad Les Calvert said one contact in the area had managed to obtain a villa in the area for $64,000 (£46,000).

He described this as "an absolutely incredible bargain by anyone’s standards".

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