Benefits of Owning an Emerald Coast Vacation Home

May 18, 2021

The Coronavirus could not stop our desire to travel, it simply changed the way (and where!) we travel. It also changed the way we view, buy and sell real estate. Surprisingly, in the middle of a pandemic, second home real estate sales are surging, and the vacation rental investment landscape is enticing and extremely competitive!

The Emerald Coast is one of the Top 10 Trending US Travel Destinations for Summer 2021 and is a prime vacation destination on the radar of second-home buyers. An improving economy, mortgage rates at all-time lows, the increased demand for coastal properties, and the lure of a relaxed coastal lifestyle means there’s no better time to buy your dream vacation home on the Emerald Coast of Florida.

Top 100 Best Places to Buy a Vacation Rental in 2020

The Gulf Coast ranked #1 on the “100 Best Places to Buy a Vacation Rental in 2020” with the best return on vacation home investments in the US. Despite the challenges faced by Covid, 2020 saw record sales for beachfront condos and luxury homes on the Emerald Coast and this year has been one of the most active markets in years. Real estate activity is not slowing down, the volume of Emerald Coast properties being sold are at an all-time high and local realtors and property managers do not anticipate things slowing down.

There’s a lot of optimism on the Emerald Coast and property ownership has never been so easy. Whether you’re looking to purchase a second home for personal use, a home office with views to escape the city, or a vacation home as a source of rental income, now is the time to seize the opportunity to own a piece of paradise on the Emerald Coast, the benefits are endless!

Emerald Coast, Florida

Location

When it comes to buying real estate, location is key! Investing in a second home in a desirable location makes for a better investment. The Emerald Coast is consistently ranked one of the best places in the US to buy a vacation rental property and is one of the Top 10 Trending US Travel Destinations for Summer 2021. A prime Florida location!

Beach Lifestyle

Lifestyle

Owning an Emerald Coast vacation home is investing not only in real estate but in a coastal lifestyle. Research shows that living by the ocean is good for your physical and mental well-being and, more so than ever, this is a lifestyle American’s are chasing after the confinements of the pandemic. A warm-weather destination, emerald-green waters lapping the white sands, miles of shoreline for beach walks, and a laid-back coastal lifestyle.

Parasailing in Destin, Florida

Local Activities

The quaint beach towns along Scenic Highway 30A are an easy drive-to destination for the southeast metro areas and offer access to beautiful beaches, secluded preserves, state parks, wildlife encounters, secluded outdoor adventures, and fun activities for the entire family.

Destin Florida Vacation Home

Income & Cashflow

Owning a second home on the Emerald Coast gives you a personal retreat for family vacations and has the potential to earn you income when you’re not enjoying it, rather than sitting empty! Buying a vacation home in a high-demand destination is a reliable investment and passive source of sustained rental income. You can reinvest these profits into maintaining, upgrading, and improving your home at no added expense, building equity, and increasing your nightly rate!

Local Property Management Services

Renting out your vacation home is profitable, but marketing and managing a vacation rental home can be time-consuming and hard work! Investing in the services of a local property management company allows you to maximize your income while minimizing stress. A property manager will handle every aspect of your property, protect and help you grow your investment. They will professionally market your home, attend to cleaning, inspections, repairs, and maintenance, handle all reservations, and communicate with guests.

A reputable property manager will not only manage your vacation home but ensure an enhanced guest experience with guest concierge services and local activities to add value and create memorable memories for your guests in your Emerald Coast vacation home.

Looking for a property manager on the Emerald Coast?

Contact Xplorie Destination Manager Susie Cross at scross@xplorie.com

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