"USA property considered extremely lucrative in 2010"
The crash in the US property market has created an unprecedented opportunity to secure luxury, high end property at a fraction of peak selling prices.
The window of opportunity is small. In most states, property prices have finally bottomed out and the market is starting to show signs of recovery. Nowhere is this more apparent than in the state of Florida.
Florida is widely regarded as the leading hotspot in the US for bargain hunters. In some areas, property prices are a staggering 66% below their peak selling prices, less than their actual build costs.