It's something we all dream about from time to time, but buying a vacation condo or second home is a more realistic proposition than we might think. Of course, it's easy under the influence of the glorious sunshine, a refreshing cold drink in hand and the sensation of fine sand between our toes, to conjure up images of a year-round beach lifestyle, or a frequent retreat to our own private waterfront condominium. But so often we get home and think about it more clearly, and find we're quickly disabused of the notion and our daydreams are left behind on the beach, along with our footprints and happy memories.
But, the reality is that for many of us, ownership of a vacation home really is within our grasp, whatever our budget. All along the Gulf shore from Florida to Mississippi, there are countless developments and fabulous beach communities, each with a range of affordable vacation homes and condos for sale. Buyers can choose from luxury penthouse condominiums with stunning sea views, amazing waterfront homes or cozy houses just steps from the beach and a host of great amenities.
Alabama's Gulf Shores and Orange Beach, for example, are home to a breathtaking array of possibilities for those seeking a great vacation home or condo. Here, in this sun-kissed paradise, investors will discover everything from expansive custom-built homes on spacious lots with full access to the water, to immaculate condos with a range of onsite facilities, to great sites for building your own dream getaway. With great shopping and dining options on the doorstep, along with immediate access to superb beaches, excellent fishing, wildlife viewing and water sports, there is plenty to entertain the whole family all year round. And, when not taking advantage of your very own place in the sun, you can help cover costs of owning a vacation condo or second home by renting the property out for others to enjoy!
Remember, when buying any non-primary residence, to take into consideration matters such as ongoing maintenance of a vacant property. It may be worth employing the services of a local company or individual to keep an eye on things and make sure that any issues are dealt with in your absence. Of course, the attraction of many vacation condominiums is that there will be an owners' association who will take care of all exterior decor, ground maintenance and security. Naturally, this means that there will also be fees associated with this convenience, and these should be built into your budget when looking at such properties. There may also be bylaws that could affect your long-term enjoyment of owning a vacation condo, so be sure to check the small print before you commit to a purchase.
As with any kind of real estate purchase, it's always a good idea to seek local, professional help. A real estate agent who knows the market will be able to advise buyers of the best options available, and ensure that you get the perfect beach home or condominium to meet your specific needs, and budget.
Lorraine Gatti is an Orange Beach real estate agent who also specializes in Gulf Shores and Perdido Key real estate. She is a Certified Distressed Properties Expert and designated ePRO®.
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