Investing in real estate isn’t a new thing, especially when you call the Gulf Coast home. But, lately we’ve heard more and more about the demand for rental inventory in a real estate market that continues to pick up steam. All things considered, you might find yourself asking: “Is now the right time to buy a vacation rental in Pensacola Beach?”
If you decide the answer is yes, know that the idea of a “staycation” has only gained in popularity. According to Inman.com, the majority of people who invest in real estate look to purchase a second home or condo within 40 minutes of their primary home. Buyers do this to save time and money on travel, which just so happens to be great news for areas like Pensacola Beach, Perdido Key and Gulf Shores. All are within a half day’s drive of larger markets like Atlanta, Birmingham, Mobile and New Orleans. These areas are not only convenient for owners, but tourists too, growing at unsurpassed levels each year. For many investors, these factors help tip the scale in favor of buying real estate in Pensacola Beach and the surrounding areas, including Perdido Key, Orange Beach and Gulf Shores.
Relaxation, convenience and income, what more could you possibly want in a second home? More often than not, what deters buyers from making the jump to rental property owner, is the stress that comes after the deal closes – like handling the stress that comes with being a “landlord.”
Local Pensacola Beach property management companies, like Southern Vacation Rentals, have made it easier to rent your home or condo, protect your assets and generate income, so that you can sit back, relax and let your recently purchased property do the work for you.