Wednesday, 21 August 2019

Top 25 Best Places to Buy a Vacation Home

Vacasa, North America’s largest vacation rental management platform, has launched its second annual Top 25 Best Places to Buy a Vacation Home report, highlighting the best U.S. destinations to invest in a vacation rental property.

According to a 2019 study conducted by Vacasa, 65% of people actively in the market to purchase a vacation home haven’t decided exactly where to buy. Vacasa’s Top 25 Best Places to Buy a Vacation Home report is designed to help buyers seeking to invest in a vacation home by providing useful data, including cap rate, net operating income and median home cost.

“Buying a vacation rental property requires more consideration than simply thinking about where you’d enjoy owning a second home,” said senior director of real estate, Shaun Greer. “To maximize your investment, you’ll need to familiarize yourself with markets that have a strong rate of return and consistently high occupancy rates.”

To create the 2019 report, Vacasa analyzed home sales data in vacation destinations throughout the country, and overlaid it with actual performance data for thousands of U.S. vacation rental properties.

The top 10 markets spanned popular vacation rental destinations from coast to coast:

Sevierville, Tenn.
Killington, Vt.
Davenport, Fla.
Whittier, N.C.
Kissimmee, Fla.
Dauphin Island, Ala.
Myrtle Beach, S.C.
Key West, Fla.
Fort Bragg, Calif.
Big Sky, Mont.

Launched in July 2018, Vacasa Real Estate provides unbeatable service for buyers and sellers of vacation homes. Within seven months, Vacasa Real Estate opened brokerages in 11 key vacation rental markets including Key West, Fla., Lincoln City, Ore., McCall, Idaho and Scottsdale, Ariz., among others.

Recommended for you...

No comments: