Waterfront property is a great investment. Waterfront property is more popular due to high demand and limited supply.
The appreciation rate is steady. Waterfront properties are less likely to appreciate. You are likely to get a good return on your investment when you decide to sell.
Hold value better during market downturns
Waterfront homes are often cited as “recession-resistant” because the property will usually grow in value and can be less prone to market downturns than nearby landlocked equivalents.
Fort Lauderdale waterfront properties sell faster
A waterfront home is more than just a building. The lifestyle that comes with it is also being sold. Waterfront properties are more likely to sell in a high-value market, as they offer a better lifestyle and location.
Waterfront properties offer many benefits
Fort Lauderdale Waterfront Property
You can choose to live there, rent it out, or visit it during the season. There are many benefits to waterfront properties.
Security = Scarcity
Although you can build a street almost anywhere, there is no way to add water or waterfront. Waterfront property is scarce when it comes to property investments.
Vacation rental appeal
A rental on a body of water may attract a higher rental rate and have more regular tenants. A boater’s dream is to have their own dock, where they can anchor their boat. Access to sailing access increases the value of your boat.
This post was written by Dayana Susterman Dotoli. Dayana is the head real estate agent for the Tiffany House In Ft. Lauderdale Beach. Dayana has assisted over 150 individuals with buying, selling, and leasing at Tiffany House. The Tiffany House Residences is a 12 story tower, offers 129 residences, including 1, 2 and 3-bedroom condominiums and townhomes, with exclusive, resort-style amenities and views of the Intracoastal Waterway and the Atlantic Ocean. To view our Tiffany House Fort Lauderdale condos for sale, Contact us today!