Resort Home
Resort Home – Location Has Never Been So Important
By Buyincomeproperty.com
Oct 27, 2005, 18:23

When it comes to resort homes, nothing is more important than the location. Whether your goal for the resort home is personal use or you’re looking at investment property, the location will literally make or break the deal.

If you’re looking for the perfect vacation spot for you and your family, a resort home could be the answer. Instead of worrying about finding suitable accommodations at your favorite resort, you’ll have the security of knowing your resort home is waiting – whenever you have time to get away. Add to that the fact that you can rent your home to others seeking a vacation home in the area for short periods of time and you can justify your dream resort home as a good investment.

Regardless of whether you’re working on a resort home for your own use or as investment property, finding the perfect location is vital.

Colorado is a popular resort state and one of the more attractive areas is Beaver Creek. You’ll find Beaver Creek resort homes offered for sale or rent are hot properties, especially if the real estate happens to be near the ski slopes. Vail resort homes are also heavily advertised and seem to be among the areas being sought by those looking to buy or rent resort homes.

One of the negative points of Beaver Creek, Vail and other ski resorts is that successful marketing is tied up (at least to a degree) with the weather. If there’s an exceptionally warm year with little snowfall, demand for property may very well fall off. That lull may even last through the early part of the next season as people recall making the trip only to find the slopes with little snow. Granted, it doesn’t happen often in Colorado, but there is that potential.

North Carolina has some impressive resort home locations, typically attracting those who are looking for warmer vacation spots. The popularity of most NC resort homes is centered around beaches and swimming. Again, weather has the potential to impact property values as tourists who are potential renters and buyers of resort home property remember poor weather conditions.

Florida also has some popular resort home areas, also centered around the beaches of that state. Those looking for resort homes are often fickle. This year’s “hot spot” may not be in demand at all next year. A century ago, many flocked to the areas of the country where natural hot springs were in abundance. Those places continue to be popular to a degree, though demand for resort homes is not as high as it once was.

Spain and Italy two of the more common foreign tourist sites and resort homes for sale and rent in these areas seem to be in fairly high demand.

Choosing property in a good, established resort location will present some potential problems. If you speculate on an “up and coming” resort area, you may be investing in property that will never be in demand. If you select property in an established resort home area, you’re probably going to pay dearly for it, making it more difficult to make a profit.