There are a lot of great reasons to consider buying beachfront property or ocean front property. For one thing you can live near the water with other wave-loving people, complete with a view that cannot be beat. For folks who want a home where they can play, beachfront property may offer you everything from boating and scuba diving to fishing, surfing, and crabbing! It doesnt matter what time of year it is, living on the waterfront gives your eyes a complete feast of color and unique daily experiences. Better still, a lot of beach and oceanfront homes and condos are well-located for enjoying nightlife, tourist attractions, and all kinds of regional amenities.
A Vacation Home
One advantage to buying beachfront property is that it can become an annual vacations spot for yourself or an entire family. If you love the water, then youre in an ideal location without having to spend thousands of dollars for a resort and travel amenities. Over several years, that savings can add up to some big bundles of bananas.
The Naked Beach
There are some beach properties that are specifically zoned for nude bathing, which is great for those anxious to shed the suit and tie. Nudist beaches are quickly growing in popularity, which means your little beach could become quite valuable.
Even if youre a shy, demure type, there are plenty of other beaches zoned for regular sunbathing where you can simply enjoy nature. Most folks move to the beach for the beauty, the activities, and often to find a community who gets it. Its a win-win.
Investment Value:
After buying beachfront property or an oceanside home, a lot ofpeople live there only part time, using it as a vacation escape or winter property. Consequently they may choose to rent the property part time, the income from which pays the mortgage and provides extra money for upkeep and improvements.
Even if youreterritorialand keep the space for yourself, should you ever wish to sell in the future your property has a very good chance of appreciating in value. Plus, good beachfront property sells pretty quickly, being highly sought after and particularly desirable locations. Even when the real estate market is down waterfront properties often hold their value or loose very little of their appreciated value compared to other homes.
Hints for Buying Beachfront Property
First off, dont go shopping during the tourist season. Summer is when youll end up paying the highest prices for waterside properties. Fall and winter illustrate much more affordable listings.
Secondly look closely at your potential homes to see where theres exposure to the elements specifically the water right at your feet. If the region has a tendency toward volatile weather, makes sure the house has safeguards in place, and that you can get suitable insurance. Likewise if the erosion in the area becomes severe you could end up being more intimate with the waves than you ever wanted. Know your property and have it inspected before you commit.
Third, if the potential property is set back a way from the water, consider if its possible that the area may experience build-up over time. If so, your beautiful beachfront view could turn into abooming condo in six months or a few years!
All in all, as with any home buying experience, purchasing beachfront property or oceanfront property should be a well-considered endeavor. Take your time. Find reliable experts who can help you avoid the pitfalls. Then grab your swim trunks and dive in!