Spring is here, and it’s prime time to plan your summer vacation! If you have a favorite vacation spot that you visit often enough, why not buy a second home there?Where are your dreams calling you to visit this year? Are you longing for a sunny beach or majestic mountains? Perhaps you want to get away to a desert oasis or a countryside cottage. Maybe you want to travel internationally to an exotic destination to experience a different culture. Wherever your dreams are calling you to visit, what if you never had to say goodbye at the end of your vacation?
Why Buy A Second Home?
With remote work on the rise, more people are looking for a permanent getaway. The COVID-19 pandemic caused many companies to keep employees working from home, and for some, this is a permanent arrangement. Many people chose to vacation in their own secluded area. With the ability to work anywhere with an internet connection, savvy teleworkers set up their office with a view of the ocean or mountain scenery!
A Great Investment
Mortgage interest rates have come to an all-time low, allowing a real estate investment to be more affordable than ever! Choosing to buy in one of the top-ranked places in the US to buy a vacation home will give you a great return on your investment, should you decide to sell in the future. Some of the most popular areas are the sunny beaches of Florida, the Great Smoky Mountains, and the Colorado Rockies.
Home Away From Home
If you have children still in school or just don’t want to travel too far away, you could consider buying a vacation home in your own home state. Just having a change in scenery is good for the soul. If your state is known for its beaches, but you live 3 hours inland, why not buy a vacation home close to the beach? Hunters and ski enthusiasts often buy a mountain cabin as a vacation home they plan to frequent often. It’s nice just to pack a few things and drive a few hours away to “get away from it all”.
Maybe you’ve watched too much HGTV House Hunters International and dreamed of buying a home abroad. And if that’s you, then you are not alone. Departures.com has the latest information on the top global vacation homes. Maybe you are dreaming of the beauty of the French Riviera or the beachfront coastal towns of Mexico. Owning a vacation home in another country can make you feel like a local if you frequent the area often enough to blend in with the culture.
Tips To Consider Before Buying A Vacation Home
To keep your vacation home plans a dream come true, it’s best to do some research first. Travel to your dream destination during the busy vacation season and then the quiet off-season. Do you like visiting when it’s peak vacation season but also when all the vacationers go home? Do you see yourself living there permanently during these times?
Talk to the locals and do your research on what it’s like to live there, even during the off-season. Many businesses may close and only stay open during the busy season. Consider where you will shop and eat and what activities you will do when living there off-season. Of course, with this being your vacation home, you can always visit at the times you prefer. But you want to get the most out of your investment, so you will want to visit your vacation home frequently.
Let us connect you with one of our best real estate professionals in the market you desire. We partner with real estate experts in every city worldwide. What popular destination would you love to buy a vacation home in?