Waterfront property is a great investment. Waterfront property is more popular due to its limited supply and high demand.
1. READ MORE
Over time, the appreciation rate tends be more stable. Waterfront properties are not likely to appreciate. You are likely to get a good return on your investment when you decide to sell.
2. HOLD VALUE BETTER DURING MARKET DOWNTURNS
Waterfront homes are often cited as “recession-resistant” because the property will usually grow in value and can be less prone to market downturns than nearby landlocked equivalents.
3. SELL FASTER
A waterfront home is more than just a building. The lifestyle that comes with it is also being sold. Waterfront properties are more likely to sell in a high-value market, as they offer a better lifestyle and location.
WATERFRONT PROPERTIES – THE ADVANTAGES
You can choose to live there, rent it out, or visit it during the season. There are many benefits to waterfront properties.
SCARCITY = SECURITIES
It’s possible to build a street anywhere you want, but not more water or waterfront. Waterfront property is an extremely rare commodity when it comes to property investment.
VACATION RENTAL APPEAL
A rental property on a body water attracts a higher rental rate and may have more regular tenants. A boater’s dream is to have their own dock and access to their boat. Access to sailing access increases the value of your boat.
This post was written by Dayana Susterman Dotoli. Dayana is the head real estate agent for the Tiffany House In Ft. Lauderdale Beach. Dayana has assisted over 150 individuals with buying, selling, and leasing at Tiffany House. The Tiffany House Residences is a 12 story tower, offers 129 residences, including 1, 2 and 3-bedroom condominiums and townhomes, with exclusive, resort-style amenities and views of the Intracoastal Waterway and the Atlantic Ocean. To view our luxury oceanfront condos for sale in Fort Lauderdale, Contact us today!