Santa Rosa Beach is one of the most sought-after vacation spots along the Emerald Coast. The picturesque white sand and turquoise water are signature features of the 30A scenery that continue to invite tourists from all over the world. Travel + Leisure magazine even ranked it as one of the “Best Beaches on Earth.”
If you, like many others, can’t get enough of this town and want to invest in a vacation property in the area, these are the 10 things you will want to consider first.
1. Is the location somewhere you would want to vacation?
2. Will the property make a good vacation rental?
When touring your property, imagine yourself looking at photos online as someone looking for a dreamy vacation in Santa Rosa Beach. Evaluate whether or not the home has features that look one of a kind or too average. For example, a wine cellar or infinity pool is not something you would find in a typical home. Let these features capture the attention of potential renters.
3. Know what you are up against — how many other rental properties are in the area?
4. What do tourists visiting that area have on their itinerary?
5. Natural scenery that will enhance your property value (and vacation quality)
A beautiful home can create a powerful experience, but nothing compares to a gorgeous home that comes with a breathtaking backdrop. When your kitchen window overlooks Grayton Beach, or you can see Point Washington Forest from your living room, you immediately enter vacation mode. Choose a home that shows off natural scenery you wouldn’t get to see at home.
6. Scan for eye sores and future headaches
7. Know the neighborhood and neighbors
A well-maintained neighborhood is a good sign that your neighbors care about maintaining the value of the area. Take notes on what type of activities they seem into or if they seem like approachable people. Friendly neighbors who will have your back when you are in town or away will be a priceless addition to your investment.
8. How convenient is it to get to your property for those coming from out of town?
Having your own means of traveling figured out in advance will also keep you motivated to make the trip as often as possible. You will want this to be something you don’t have to think too much about when you are ready for some time off.
9. Look for nearby self-storage
There is nothing more unrelaxing about a vacation property than a cluttered space. However, there are going to be things you want while on vacation that you wouldn’t want to travel with, such as a surfboard, golf clubs, or other gear that provides you with a richer experience.
So that you don’t have to store these items in the home, consider storing them in a nearby self-storage facility. Reduce the hassle of retaining your belongings by having a plan for where you will store them and choosing a location that is only a short distance from your property.
10. Build a strong team
Being led by an expert will shorten the search process and open up your access to luxury properties only a few have access to.
Investing in the Santa Rosa Beach real estate market will no doubt be worth the reward. It is just a matter of making sure you find a home that fits your vision and will provide what you need. Doing as much homework and research early on will ensure that nothing gets in your way when it is finally time to seal the deal.