If you are contemplating the purchase of a beach house, you may have queries such as why you want to own a beach home or whether you want a piece of paradise near white sand beaches to enjoy in the summer and rent out during the off-season. Of course, if your oceanfront property is for personal use, you should enjoy it, but if it is solely for financial gain, your personal preferences may be less significant.
Having an oceanfront vacation home entails waking up to the soothing sound of waves and taking regular walks along the shore. This may be why purchasing a beach vacation home has always appealed to people, but it is presently one of the hottest real estate tendencies.
Therefore, if you’re looking for a beach vacation home, several beachfront regions from North Carolina to the Oregon Coast offer the traditional laid-back beach atmosphere. If you are looking at one of these costal towns so that you can start a tourism business with rental accommodation, you need to make sure that you are picking out areas that you know tourists will flock to. You never know, it may just take off so you might want to check out this tour reservation management system, for example, as well as speak to some local property managers that can help you along the way.
Without further ado, here is a list of the ten most attractive coastal real estate investment options.
Hatteras Island, North Carolina
The surf on Hatteras Island is consistently intense. Even if you’re not a surfer, this beautiful North Carolina barrier island will captivate you with its expansive beaches, laid-back atmosphere, and delicious seafood. In addition, the ocean temperatures here are optimal for fly fishing or simply spending a day at sea. Hatteras Island would have less residential and commercial development and more beachfront.
This region attracts more than 2.5 million visitors annually, and in 2022, Hatteras and Ocracoke Islands had one of the most extraordinary visitor counts in recent history. Therefore, a vacation home in this area provides excellent rental opportunities.
Lake Anna, Virginia
Recent data by Vacasa indicate that Lake Anna will be the most popular destination in 2023. The area’s homes span three counties and offer numerous beachfront options with a high capitalization rate. This is the second-largest lake in Virginia, with a length of 17 miles and sandy shorelines.
This beautiful location is divided into two sections: the public side, which features beachfront restaurants, and the private side, which prohibits commercial activity. Summer is a popular time for vacations, but autumn is the best time to travel through the colorful trees along the lake’s shoreline.
Galveston, Texas
Galveston, a beautiful barrier island on the Gulf Coast near Houston, is renowned for its 32 miles of magnificent beaches. In addition, there are art galleries, museums, gorgeous golf courses, and a fresh seafood market that renters enjoy. This makes Galveston an ideal tourist destination and a lucrative investment opportunity for sharp investors.
During prime season, spring breakers appear en masse. Still, the region is an accessible retreat for Texans throughout the year, resulting in consistent bookings, high demand for your vacation property, and maximum profitability.
Rockaway Beach, Oregon
Unlike most other beaches, the Oregon Coast is not renowned for its sun-drenched beauty. However, it captivates those who appreciate windswept coastlines and a milder climate, perfect for cuddling. Instead of lounging on a balmy beach, visitors to Oregon’s coast may storm-watch from the comfort of their vacation home while browsing in the local shops or enjoying a drink at one of the region’s renowned breweries with their furry friend in tow. On the other hand, the median annual gross rental income is comparable to other leading coastal cities for investment, making it an excellent choice for your new beach house.
Gulf Shores, Alabama
In 2023, Gulf Shores, Alabama, is among the best places to purchase an oceanfront house. This charming location features a small-town atmosphere, miles of sugar-white sand beaches, and all the necessary stores and eateries for a beach excursion.
This picturesque stretch of the Gulf of Mexico coastline attracts second-home purchasers, especially from the West Coast. In addition, over 8 million people visit Gulf Shores annually due to its family-friendly environment and recreational possibilities, making it an attractive vacation spot for tourists and investors.
Navarre Beach, Florida
A little beach hamlet just east of Pensacola with immense attractions. The game’s goal here is leisure; tourists can primarily be seen sunbathing and swimming in the area’s emerald seas. Travelers crossing the Navarre Beach Bridge describe it as a “transcending paradise” due to the town’s zen-like vibe. So if you want a place on the sand, Navarre Beach offers attractive house sale prices and a reasonable cap rate.
Kapalua, Maui
Kapalua real estate options range from apartments to vacation properties. The locations span the seashore and oceanfront to the golf course and mountain view. This Maui hidden gem features two golf courses, beautiful lagoons, and pristine beaches ideal for sunning, snorkeling, and surfing, connecting the Pacific Coast to the magnificent West Maui Mountains via hiking trails, which offer tourists breathtaking vistas. Additionally, there are several luxury resorts, award-winning restaurants, and the annual Kapalua Wine and Food Festival.
Destin, Florida
There are 24 miles of white-sand beaches between Destin and Fort Walton Beach, surrounded by Gulf of Mexico surf that ranges in color from light green glass to emerald. Nearly 5 million visitors annually visit Destin and surrounding Florida’s Emerald Coast areas.
It’s easy to see why, given Florida’s glistening white beaches composed of naturally cooling Appalachian quartz, sun-drenched golf courses, waterparks, the largest fishing fleet in Florida, and limitless opportunities to play in the balmy Gulf waters. Moreover, 62% of travelers reserve vacation homes and condominiums, which is a cause for celebration for proprietors of rental homes.
Corolla, North Carolina
Visitors may discover vacation homes in Corolla, North Carolina, ranging from the tiny and charming to the magnificent. Property options in the area offer a dazzling cap rate for homeowners. Some vacation rental properties offer private pools, theater rooms, indoor hot tubs, and direct beach access.
However, this coastal community’s small-town atmosphere does not deprive tourists of access to high-end eating, shopping, or unique activities. One of Corolla’s major attractions is its wild horses, a herd of Colonial Spanish mustangs who freely wander the area’s beaches.
Port Aransas, Texas
This island area is densely packed with pastel-colored beach villas and townhouses, some with beachfront views and practically all with the pool feature ticked. And the best news is that vacation homes in this area are reasonably priced. Port Aransas is island life at its finest, with waves rolling in from the Gulf of Mexico—and if throwing a line is your idea of fun, you’ll be delighted to hear it’s also the “Fishing Capital of Texas.”
Of course, like many coastal towns, there are enough water activities to entertain residents and visitors. Still, it also boasts a flourishing art scene and exquisite cuisine and is a great place to go bird-watching. This island area is densely packed with pastel-colored beach villas and townhouses, some with beachfront views and practically all with the pool feature ticked.
Make the Most of Your Own Beach Vacation Home
If you decide to buy a beach property, this list might be an excellent resource for a holiday rental in a lovely beach town with a high cap rate and a steady stream of guests. Also, seek an experienced vacation rental real estate expert you can rely entirely on.
In addition, a professional can advise you on prospective properties and top beach communities visitors seek. Finally, a specialist will ensure that your vacation home appears in search results for the right people at the proper time.
