The pursuit and purchase of vacation homes is at an all time high, and it’s easy to see why. Many people in America are located far away from the sea. The lure of sand, sun and happy memories associated with them drive many to seek investment in a second property.
There aren’t many places better located for a vacation home than Florida. If you’re looking at vacation homes for sale in the Daytona Beach area, there are a few things you’re going to need to know before you buy.
Location is Everything
Even in a popular place like Florida, location is very important. There are some areas that are much more desirable than others due to their facilities and versatility for both families and individuals.
Places like Daytona Beach and the surrounding areas are a great option for vacation home hopefuls. They offer many recreational activities both on and off the water, such as miniature golf and boating, as well as a myriad of amenities like bars and restaurants.
When choosing a vacation home location in Florida, try to visit in person to gain a sense for the different communities surrounding the property. You will soon learn which location is the one you’d like to revisit frequently with your family.
Just for Your Family, or a Rental Too?
Though it would be ideal if your vacation home could be a place just for you and your family, it’s not financially viable for everyone. Many need to choose a vacation home that is appealing to potential renters as well.
Explain your intentions to your agent so that he or she can highlight some of the better property options for you. Homes that are part of a larger complex may be a good choice because you are assured that security staff are always on duty to watch your home. There are normally more facilities available, such as outdoor pools and sports, for those who want some extra entertainment.
Think about to whom you want to market your vacation home, and what prospective tenants expect. A family may want entertainment for their children; couples will ask for privacy; and young groups will want to be close to nightlife. It may be wise to talk to your agent about how best to address both your needs and those of your renters in one property.
Some features which are highly requested by renters include private pools, a balcony, terrace or deck, on-site parking, spa or hot tub facilities, and a fully equipped kitchen. Think about how your own needs match with what renters want. You shouldn’t feel pressured to buy a vacation home that’s not the right fit for you, but then, many aspects are things which you and your family may enjoy just as much as renters.
Don’t Fall for Dodgy Deals
When you’ve expended great effort to look at vacation homes for sale, the last thing you want is to be hoodwinked. Beware of online scams that try to convince you to buy a property you haven’t seen.
Always use a local, exclusive buyer’s agent like Karen Wiles, at The Buyer’s Agent of East Florida, to help you find a vacation home—the most sensible route to take for several reasons. First, a local professional will possess expert knowledge of the area drawing your interest. They will direct you towards properties that are going to suit your needs, and you may find your dream home much quicker and more easily than you had anticipated.
Secondly, an exclusive buyer’s agent is legally obliged to work in your best interests. Rather than be swayed by commission from certain properties, they’ll show you everything available and will strive to find the best deal possible. Many people find they save lots of money using an exclusive buyer’s agent, easing the financial commitment of a vacation home.
Buying a vacation home in the Daytona Beach area can be a very enjoyable and rewarding process. Once you’ve been educated on making a good decision, there’s no reason why you can’t find a property with little stress or concern. If you’re ready to buy a property in Florida, contact a reputable exclusive buyer’s agent to start your journey like The Buyer’s Agent of East Florida when you’re ready to start looking at Daytona Beach real estate property today. 1-888-830-8201.
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