{"id":110945,"date":"2019-05-16T12:00:38","date_gmt":"2019-05-16T18:00:38","guid":{"rendered":"https:\/\/www.biggerpockets.com\/blog\/?p=110945"},"modified":"2024-02-20T16:02:57","modified_gmt":"2024-02-20T23:02:57","slug":"best-places-buy-beach-house-2019","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/best-places-buy-beach-house-2019","title":{"rendered":"The 10 Best Places to Buy a Beach House in 2019"},"content":{"rendered":"

As we look toward the summer months ahead, many people will flock to coastlines both east and west in search of sun and sand. If you\u2019re one of those people and are considering buying a beach house as an investment property, it\u2019s a great time to have your head on a swivel. <\/span><\/p>\n

While there are many great beach towns to choose from across the country, there are markets that will have a better return on your investment (ROI) if you plan to use the home as a short-term rental<\/a>. I\u2019ve pulled together a list of the <\/span>best places to buy a beach house in 2019 based on aggregate cap rate, and its findings may aid your search.<\/span><\/p>\n

Cool Calculations: The Numbers Behind the Hottest Locations<\/h2>\n

First, it\u2019s important to understand cap rate<\/a>\u00a0and how it will impact your short-term rental. Cap rate is the ratio of a property\u2019s net operating income over its cost. <\/span><\/p>\n

To determine net operating income for the report, I first calculated gross rental income for each market. From there, I subtracted each market\u2019s average operating costs\u2014factoring in things like management fees and property tax rates. Finally, I divided those figures by the cost of buying a vacation rental to determine cap rates for each market.<\/span><\/p>\n

Below are the best places to buy a beach house this year. Everything from Washington state to the Gulf Coast made an appearance on the list\u2014and for good reason. While cap rate was a major factor, other data that influenced the list included buying opportunity in the market, median home cost, and median annual gross rental revenue. Of course, regulations played a key role, as well, and only vacation rental-friendly beach towns are included.<\/span><\/p>\n

\"vacation-home-upgrades\"<\/p>\n

Related: <\/strong><\/em>5 Simple Ways to Maximize Your Vacation Rental Profits<\/a><\/em><\/p>\n

Top 10 Places to Buy a Beach House<\/h2>\n
    \n
  1. Ocean Shores, WA<\/strong>\n