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!