Investing in a second property near the beach doesn’t have to cost a fortune. But adding together low median home prices and crime, moderate climates and good air quality can take more time than most have — so RealtyTrac did it for you, with its list of bargain beach towns in 15 coastal states. Daren Blomquist, senior vice president at RealtyTrac, says investment properties near the water can save on vacation expenses and potentially generate rental income throughout unoccupied months. “While real estate close to the ocean tends to be pricier, bargains are still available, particularly smaller towns off the beaten path where home prices have been slower to bounce back from the housing downturn,” Blomquist said in a statement. “We picked the highest-ranked bargain beach…
Source: click here
Loading ...