Tag

Vacation Homes

All articles tagged with #vacation homes

real-estate1 year ago•6 min saved

"How a 32-Year-Old Woman Bought Five Homes in New York"

Amy Beihl, a 32-year-old digital consultant in New York City, couldn't afford to buy a home in the city, so she invested in five vacation properties across Europe through a real estate agency called August. By purchasing a share of a portfolio of homes in desirable European locations, she gained flexibility and access to properties in Mallorca, Tuscany, the South of France, the French Alps, and the Cotswolds in England. This allowed her to fulfill her dream of living and working abroad while avoiding the high costs of homeownership in New York City.

via Daily Mail|

#european-properties #investment #new-york-city

real-estate1 year ago•3 min saved

Pacaso Expands to Lower-Priced Vacation Home Co-Ownership Listings

Luxury vacation home co-ownership platform Pacaso is expanding its offerings to include lower-priced vacation home listings, with share prices starting as low as $200,000. The company, which previously focused on multimillion-dollar homes, allows buyers to purchase shares of vacation properties and benefits from the home's potential appreciation. Despite its success, Pacaso has faced backlash in some communities and is now adding services to help primary homebuyers access the co-ownership model.

via CNBC|

#co-ownership #housing-market #pacaso

real-estate2 years ago•7 min saved

Top Expert-Recommended Vacation Home Locations in Costa Rica

Experts recommend Costa Rica as a great place to buy a vacation home due to its favorable investment climate and residency options. The process of purchasing property takes about one to three months, and investments over $150,000 allow for residency as an investor. Popular destinations for vacation homes in Costa Rica include Tamarindo, Playas del Coco, La Fortuna, Reserva Conchal, and Las Catalinas. These areas offer a range of amenities, from surf breaks and beach towns to mountainous landscapes and luxury gated communities. Real estate prices in Costa Rica are competitive, and the country's stable market provides confidence in long-term investments.

via Travel + Leisure|

#costa-rica #investment #real-estate

real-estate2 years ago•0 min saved

From Unpaved to Unstoppable: The Explosive Growth of Florida's Scenic Highway 30A

Florida's Scenic Highway 30A has transformed from an unpaved road to a popular rental market over the past 20 years. Investors like Justin Allred have witnessed the area's growth, with rental prices increasing from a few hundred dollars a night to higher rates. The demand for vacation homes along this scenic highway has attracted investors and transformed the area into one of Florida's hottest rental markets.

via The Wall Street Journal|

#florida #investor #real-estate

business2 years ago•1 min saved

US-Canada Border Residents Angry at Ottawa's Housing Tax

Americans who own vacation homes in Canada are angry over Ottawa's plan to tax real estate that is not occupied year-round. The annual underused-home tax is set at 1% of the assessed value or most-recent sale price. Some Americans are considering selling their Canadian property, while others are pushing the Biden administration to file a trade complaint under the US-Mexico-Canada trade treaty or persuade Canada to carve out an exemption for Americans.

via The Wall Street Journal|

#business #canada #real-estate

real-estate2 years ago•2 min saved

Vacation Home Demand Drops Amid Pandemic.

Sales of vacation homes have dropped by 50% from pre-pandemic levels due to high interest rates and concerns about the economy. Mortgage-rate locks for second homes were down 52% from pre-pandemic levels in March, compared to a 13% decline for primary homes. However, cash buyers are still interested in purchasing vacation condos in desirable neighborhoods. The trend of remote work has also reduced the appeal of second homes, as options for remote work have begun to dwindle.

via USA TODAY|

#housing-market #mortgage-rates #real-estate

real-estate2 years ago•4 min saved

Top U.S. Beach House Buying Destinations Ranked

Vacation rental management platform Vacasa has released a report ranking the top ten destinations to purchase a beach home in the U.S. in 2023. Lake Anna, Virginia, Hatteras Island, North Carolina, and Navarre, Florida, are the top three most profitable markets to purchase a beach home, offering cap rates of 12.1%, 9.51%, and just over 8%, respectively. The report also includes Palm Coast, Florida, Surf City, North Carolina, Gulf Shores, Alabama, Destin, Florida, North Topsail Beach, North Carolina, Rockaway Beach, Oregon, and 30A Florida in the top ten list.

via Fox Business|

#beach-house #investment #real-estate