Commercial Real Estate Agent · Tulum, Quintana Roo · Member since 2014 · 37 posts · 12 votes
We are happy, as Tulum (Mexico), where we work with real estate, has just been named as one of the top 6 places to invest in a winter home overseas by Investopedia.com. I was wondering if other investors have advice on a preferred place for a winter home (hot or cold)? We might consider a home somewhere else, too. Of course, everyone's welcome to ask me anything about Tulum.
East coast Canadians go to Myrtle Beach. Inland Carolinians mostly seek the Carolina coast. That stretch of water (Gulf of Mexico) makes all the difference. Seems like Yankees and Canadians prefer to drive.
Actually looking for some thing out side the USA. Love Jamaica, recently was In Belize. Now my brother recently got married. His wifes family is from Barbados. If I have to stay in the USA the gulf coast beautiful beaches. Saraosota or some where close like North Port area.
East coast Canadians go to Myrtle Beach. Inland Carolinians mostly seek the Carolina coast. That stretch of water (Gulf of Mexico) makes all the difference. Seems like Yankees and Canadians prefer to drive.
Just did a whirlwind property search and tour of vacation homes in the Colorado Rockies this weekend. I missed a discounted 4, 2 1/2, Condo. Not the greatest investment. But should have let us stay at the mountain for free. Inventory is down to six weeks. I'll keep looking.
I am partial because I live here - Orlando. The average temperature here in January is 71 degrees. There is so much to do including the theme parks, golf and many other types of outdoor recreation, performing arts, and the Atlantic Ocean beaches and the Gulf Of Mexico beaches on the east and west coasts are only a little over an hour away. And, if you want to rent your home during the times you are not using it yourself, there is a large market for that!
I am partial because I live here - Orlando. The average temperature here in January is 71 degrees. There is so much to do including the theme parks, golf and many other types of outdoor recreation, performing arts, and the Atlantic Ocean beaches and the Gulf Of Mexico beaches on the east and west coasts are only a little over an hour away. And, if you want to rent your home during the times you are not using it yourself, there is a large market for that!
Keith
I can see your point, I think Orlando is a great place. We have moved to Tulum, Mexico a few years ago to invest in real estate and to open our own agency, Riviera maya property Consultants. And it's been a paradise so far. Tulum offers a wonderful, healthy lifestyle and one of the most beautiful beaches in the world. Besides, now is the time to invest: the prices have been doubling every two years, and will continue to do so. We work with American real estate agents as partners, by the way, offering a handsome commission for each client. :-)
North Carolina. Beech Mountain, Banner Elk or Boone. Great areas. The best part about looking for a vacation rental, VACATION! Go check out these areas and see what they have to offer.
Maui No Ka Oi (Maui is the best!). It's not just a winter home, it's a spring, summer and fall home too. It's rather easy to maintain very high vacancy rates there when you are not using your home.
My vote goes to Myrtle Beach. Partly because I live here...so I guess I'm biased. But then if it wasn't a great place to live in the winter I wouldn't be living here! But the area is growing quickly as well:
Add to that an international airport, mild winter temperatures (Mid 50s average), and all the golf, dining and entertainment you could want...what else is there? Oh, did I mention the 60 miles of beachfront?
East coast Canadians go to Myrtle Beach. Inland Carolinians mostly seek the Carolina coast. That stretch of water (Gulf of Mexico) makes all the difference. Seems like Yankees and Canadians prefer to drive.
Actually looking for some thing out side the USA. Love Jamaica, recently was In Belize. Now my brother recently got married. His wifes family is from Barbados. If I have to stay in the USA the gulf coast beautiful beaches. Saraosota or some where close like North Port area.
North Port area is a very popular area for the snow birds and is seeing great growth in both business and new construction. There are many great opportunities here, therefore there is also a lot of other investors competing for the properties. Things move very quickly here (average 31 days) but if you are on top of your game there is great opportunity and appreciation is on the rise.
Orange County, CA of course! Perfect weather year round. Disneyland, and several other amusement parks, sporting events, theaters, zoos nearby, and of course the beaches!
It really depends on what amenities are important to you, as well as how much you want to spend. It can be very chilly near the ocean in the winter. Then, again, we in SoCal and AZ haven't had much of a winter this year.
If you love golf and sporting events, I'd choose Phoenix. We've got football, hockey, baseball spring training, and several bowl games around New Year's. Golf courses are everywhere. There's a major university in town (ASU), so there's always lectures and such. There's still reasonably priced properties. In terms of weather, it's usually in the 30s and 40s at night but can reach into the 60s and 70s during the day. (Unfortunately, it's February, and I wore shorts this afternoon.) Should it snow in the northern portion of the state, you can be skiing within 2-3 hours. You'd also be 6 hours or so from SoCal and Vegas.