Life along the Gulf Coast of Mexico means that there are a lot of beachfront properties. One of the most common questions we get asked is if it’s a safe option for a home purchase. There are plenty of benefits of buying beachfront property but there are also some disadvantages and it’s important to know both so that you can make an informed decision. Here are some pros and cons to beachfront property.
Advantages:
Market Value
Beachfront property tends to hold its market value. This is probably one of the most obvious benefits. It has a high market value and beachfront homes are usually the least affected by changing property market trends.
Greater rental options
If you’re buying a beachfront home for rental or investment they hold their rental market as well. There are easy to rent out for short periods of time or several months in a row and many visitors are happy to pay a higher price to stay in a beachfront home or condominium.
Great vacation home
If you’re not buying it for your primary residence, this will be a great little vacation home. Trips will be less expensive because you already have a place to stay and you can save a lot by traveling during the high peak times.
Activities
Living near the waterfront or the beachfront will always give you something to do such as going for a walk, swimming, fishing, paddle boarding, boating, and numerous other water activities right from your own backyard.
The view
Not only do you have the beautiful sights but you have the sounds of the ocean to fall asleep to every night. The calming benefits of ocean waves and ocean air has been known to rejuvenate even the most depressed person. Get your dose of vitamin D because the ocean is extremely healing.
Read More: 5 Questions to Ask When Buying a Second Home on Florida’s Gulf Coast
Disadvantages:
Bad renters
With the option of rentals comes the potential for bad renters. There could be a concern that guests partying could cause damage to your property and to serve the neighbors. Beachfront condos can be prime places for college students in groups of young people so noise issues and disturbances can lead to fines or property damage.
Weather
Humidity, moisture, storms, and other issues can cause damage to your property. Flooring damage could be another concern and flooding or erosion could be a concern as well depending on where the beachfront property is located. This is probably one of the most common questions and something we can definitely answer for most of our properties along the Gulf Coast.
Sand
If you live anywhere near the beach you can depend on sand coming into your house. But don’t worry too much, most beachfront homes have tile flooring or laminate so you won’t have to worry about a lot of sand in your carpet.
Salt
The salty sea air can take its toll on your items including cars and electronics.
Insurance
Insurance on a beachfront property can be a little bit higher especially in high erosion areas but again, make sure to talk to us about the safest places to buy beachfront property.
Again, there are plenty of reasons to buy oceanfront or a beachfront home along the Gulf Coast but it’s important to understand some of the disadvantages as well. Start your online search with our website for free or simply contact one of our agents to schedule a showing at any time.
