Not All Beaches are Equal When Buying Vacation Investments
When it comes to investing in a vacation rental property, there are many things to consider, but one thing is for certain: beachfront properties, or those near the ocean, never go out of style! Rented.com recently featured Cape San Blas among the top 20 places nationwide to buy a vacation home in 2019 and in the top 6 of Florida towns. (Click to Read Article)
According to the new report from Rented.com, Florida holds more profitable vacation rental markets than any other state in the country, with 19 Floridian cities poised to earn homeowners more bang for their buck in 2019. The report recommends that buyers looking for maximum return on Florida beach house investments should look no further than the Florida Panhandle with three Gulf Coast destinations in the top 6 – Panama City Beach, Navarre and Cape San Blas. These coastal towns ranked high for affordability and estimated rental income.
Rented.com looked at factors including real estate prices, property taxes, and average maintenance costs, as well as rental and occupancy rates, rental property demand, and any legal regulations that might make renting short-term on platforms like Airbnb difficult. Because of the latter, many urban markets fell off the hot list this year, paving the way for affordable, traditional vacation markets to step in.
With hundreds of miles of beautiful sandy beaches, it is no wonder the demand for vacation rentals are high in this heavily visited area of Northwest Florida. Whether it be a condo or beach home, Cape San Blas does not disappoint with a unique combination of gorgeous beaches, unique local business and exciting outdoor activities vacation renters happy!