Soon the heat will die off and winter will be on its way. While most Americans are about to brace themselves for the cold weather, Southern California beaches will continue to satisfy winter-sun seekers. And for those who dream of owning a piece of paradise, beach towns also offer major upsides when it comes to real estate investments.
Buying near the beach is one of the best ways to ensure a property’s value will rise. Whether it be for a primary residence or a vacation home, popular beach towns will never cease to attract potential buyers while supply will always be limited by the quantity of land left to build on. Increased demand and limited supply are such that even the more modest waterfront homes continue to rise.
There might be market fluctuations, but those properties are the ones that held up best when the market took a hit, and they remain profitable investments today.
Coastal properties can be leased annually and provide the investor with a comfortable income or rented as a vacation home and allow the owner to enjoy beach holidays during the off-season. Malibu is one of the hottest Summer Rental Markets in all of California.
Contact us today for a consultation on anything Malibu and Topanga at one of our three offices or online at PritchettRapf.com