Updated over 8 years ago on . Most recent reply
Galveston Is really Growing & Real Estate inventory is shrinking
Hey! everyone, Look to invest in a Beach Condo, a heads up prices are rising due to low inventory. Some Condominium has not had the price increase yet, others you can see prices rising from 70K to 100+K.
Here is Why!
GALVESTON - Galveston has set a record for the number of tourists visiting the island for the fourth consecutive year, rising to 6.4 million in 2015 and even much more in 2016 with help from a surge in cruise passengers, according to a recent study for the Galveston Tourism and Visitors Bureau.
Even piles of smelly seaweed and an oil spill failed to keep a record number of tourists away from Galveston Island last year 2016.
The Park Board this year also decided to spend $41 million to improve its two largest and most popular beaches, Stewart Beach and East Beach.
New Extended Beaches - have you heard the news yet? Galveston Beaches
will soon become bigger and better. The Galveston Park Board – in partnership with the City of Galveston and Texas General Land Office – Has Finished a $19.5 million beach expansion and nourishment project that will widen existing Seawall beaches between 12th and 61st streets. If your ready to invest in some inexpensive Condo's that only average a sale price of 80K to 100K, this is the perfect time to invest during the growth. I Tarek Boulbol remember when I first visited 61st a couple years ago it was all Big Rocks, no Sand, now miles and miles of Sand and another Beach Expansion. WOW!