The Best Places to Buy a Vacation Home

 In Blog, Tips for Real Estate

Are you thinking of buying a vacation home? Are you thinking of the strategic location for your dream house? Do you know that the better the place of your vacation house, the higher your revenue would be? Whichever, you need to be business oriented as vacation home business is not a child play.

 

Competition in the Vacation Rental Industry which is one of the fastest growing industries in the world is becoming fiercer day by day. Survival in the competition is based on how best you could think and how strategic is your vacation home. As a result of that, everyone is looking at buying a place with many tourist centers.

This article will help you make an informed decision about the best location for your home. This write up is based on an unbiased local analysis of each place. Here are four strategic areas for your business.

 

 

Kissimmee, Florida

Kissimmee is located in a strategic place as it is a stone throw to the world famous Walt Disney, SeaWorld Orlando, Legoland and the Universal Studio. This area is not a boring site for the kids with the presence of park excitements and unspoiled natural beauty. Nature lovers or researchers have the opportunity to explore the beautiful nature around them while the adventurers have varieties of activities at their disposal.

 

The scaring treetops and hot air balloon rides are part of the attractions of the place. You won’t want to miss the tweet of the birds and the calmness of the headwater in the morning. You can always have a solitude moment at the headwater.

Kissimmee caters for all type of tourists. This could be the reason why there is a high influx of tourists per year which has made vacation rentals to skyrocket. The average home sales price is $253 000 with a projection of a 7.1% increase. 

 

 

Savannah, Georgia

Savannah, Georgia is a blend of history and arts. The majestic architecture and emerald tree canopy welcome the visitors each time they come around to catch a glimpse of the Civil War re-enactment. Savannah is a home to varieties of events which is not limited to music. Every moment you will spend there is going to be amazing. Tybee Island is not far from here.

 

Savannah is one of the fastest growing areas for vacation home investment. You can get a real estate for as low as $219 995 as average price with a possible increase of 7.0% per year. This is an opportunity that you should not miss.

 

 

Corpus Christi, Texas

Corpus Christi (Body of Christ) is an area in Texas which was historically a Trading post before the U.S. troops turned it to a camp to fight the Mexicans. Currently, the city houses several attractions for both the residents and tourists. Areas like Padre Island which is the haven of several migratory birds and marine life, the Museum of Asian Cultures, South Texas Institute for the Arts, Heritage Parks, USS Lexington and much more are top areas of attraction for everyone. Every year, thousands of people travel from near and far to visit this city. Corpus Christi is one of the hottest places to invest. With $265, 100, you would get home in Corpus Texas with a 5.1% possible increase.

 

 

Gatlinburg, Tennessee

From the wide range of music, aquarium, museums, and places for love, Gatlinburg is one of the top tourist destinations in the world.  Gatlinburg tourist centers include the Great Smoky Mountains National Park, Dome Observation Tower, and Aquarium of the Smokies. The high number of attractions here keeps the number of people who come here for a vacation at a stable rate. Thus, there is always a high demand for vacation houses. There must be a supply of vacation houses to satisfy the people insatiable needs. This is why you need to buy a home in this city. The average home value in Gatlinburg is $162 000 with an increased rate that is capped at 5.9%.

 

Irrespective of the location you choose, you should always be ready to think faster than your competitors. The more you think about how to improve your investments, the better your chance of having a high return would be. Other places that you can invest on include Napa, California; Panama City, Florida and Cape Cod, Massachusetts.   

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