Best Places To Buy A Vacation Home In 2022
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As an investor, one of the most critical thoughts crossing your mind when hunting for a vacation home is the Airbnb return on investment. The real estate data listed below are based on the analysis of the performance of actual Airbnb listings and properties for sale conducted by Mashvisor. Before committing to a property, make sure to conduct extensive legislative research on the state, county, and city you’re looking to invest in. Doing so ensures that it is legal to own a non-owner-occupied short-term property.
Seaside, Oregon, located an hour and a half northwest of Portland, has plenty of cottages and condos on the beach, in town, or along an estuary. Below, see the top places in the US to buy a vacation home, ranked in order of increasing average investment property returns. As a result of this demand, we’re seeing more first-time real estate investors and second home owners renting out their properties for the first time. But don’t worry, there’s a critical need for supply in many areas throughout the country.
Vacation apartment rental
Before looking at the best places to buy vacation rental property in 2022, let’s discuss some of the reasons why you should be interested in investing in a vacation home. Another small city, Davenport has boomed almost 200% in a decade, growing from just under 2,900 inhabitants to about 5,400 today. An hour's drive southwest of Orlando International Airport, Davenport is just far away enough to escape the theme park crowds and just close enough that residents can easily avail themselves when they feel like it. Top attractions include the True Blue Winery, Providence Gold Club and Lake Davenport itself. Tucked between the Great Smoky Mountains and the Nantahala National Forest, tiny Whittier, North Carolina, is home to just about 5,600 people. Too small for a tourism board, Whittier and its surroundings can be found on North Carolina's state tourism website at Visitnc.com.
Visitors can take historic tours of the city, go windsurfing at Anastasia State Park, hit the golf course, and much more. The occupancy rate measures how often rental properties in this area are booked. This rate is determined by dividing the total number of booked days in an area by the total of days available for rent. And hiring a real estate agent who is local to the area are two important things to consider when buying a vacation home far from where you live. Looking for one of the best places to buy a vacation home in California?
Condo rental in Hesse
Gulf Shores is home to plenty of golf courses, trails, a pier, the Alabama Gulf Coast Zoo and even a zip line over the sand dunes. While there are many popular vacation spots , Lake Tahoe, the largest alpine lake in North America, is often overlooked. Straddling two states , Lake Tahoe is a magical destination, with sparkling blue water and rugged mountains surrounding it. Lake Tahoe's water clarity is well known—falling precipitation and the natural filtering that comes from the marshes and meadows are what helps to keep it so clear.
The data used to create this article was sourced from multiple sites and sources. Vacasa’s 2022 Best Places to Buy a Beach House Report was used to find the average rental revenue of some locations. Median home prices were determined using May 2022 data from the Rocket HomesSM Housing Market Report. Average daily rate, average occupancy rate and other revenue data was collected from AirDNA, which offers short-term rental data analytics based on rentals booked through Airbnb and Vrbo. Finally, population and other considerations like cost of living were found using data from Bestplaces.net.
The Best Places for Buying a Vacation Home in 2022
It may not have a tropical vibe, but Lake Huron is known for its beauty. Swim or wade into its shimmering, crystal-clear waters or just walk along the shore and take in the beauty. If you’re lucky, you may even find a Petoskey Stone, a fossilized piece of coral that is Michigan’s official state rock.
In addition to weekly farmers’ markets, South Kohala is known for its incredible dining scene. From the pricey Redwater Cafe to the family-friendly Pau Pizza, there’s something for everyone in South Kohala. At 6,700 feet above sea level, the idyllic mountain resort town of Big Bear lies at the heart of the San Bernardino National Forest, less than 100 miles east of Hollywood. Recently renovated Big Bear Village—now featuring heated sidewalks, firepits, seating walls, and modern lighting—offers a variety of alpine-style shops and boutiques, as well as several dining and entertainment options. Starting in the spring, guests can shop for local produce at the Big Bear Farmers' Market and take their fare back to their vacation home to prepare healthy meals. In the summer months, take a boat out and drop your line into Big Bear Lake, or take a guided paddlewheel tour across the water.
Dual Purpose Property
Whittier, North Carolina, is a small town in the Smoky Mountains near the Tuckasegee River with numerous whitewater rafting tours. Fort Bragg, California, located in the northern part of the state on the Mendocino Coast, sits between the Pacific Ocean and Jackson State Forest. Gulf Shores, Alabama, located right at the state's southern tip, is filled with stilted condo buildings.
It’s not enough to buy a vacation home from your favorite travel destination; this simply won’t cut it. You need to be prudent in searching for the best vacation rental markets in 2022. Five hours north of New York by car and a 3½-hour drive from Boston, Killington, Vermont, is best known as the largest ski area in the East.
While most vacation destinations have worthwhile activities and attractions year-round, Deep Creek Lake is one of those places that truly offers four-season fun. In the summer months, guests can take to the state’s largest inland lake for boating, tubing, and waterskiing. In the winter months, skiers and snowboarders escape to Wisp Resort in the Western Maryland mountains, where they can glide down 33 slopes totaling 11 miles of terrain. Another Georgia market made our 2020 Best Places to Buy a Vacation Home list, moving up one spot from its 2019 position at #11. Guests to the Blue Ridge area describe it as one of the most naturally beautiful destinations in the country, and we don’t disagree. The mountain range, which is known for its blue hue, is a stunning backdrop to everything the area has to offer.
Panama City Beach, Florida, located in the state's panhandle, stretches along the Gulf Coast for 27 miles. Warren, Vermont, encompasses Sugarbush Resort, one of New England's largest ski resorts. Harbor Springs, Michigan, situated along Lake Michigan's shores, is a summertime hot spot. Ellijay, Georgia, an hour and a half north of Atlanta, is known as the state's Mountain Biking Capital — and it's home to plenty of log cabins.
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