Oceanfront condos for sale in Daytona Beach, Ponce Inlet, and Palm Coast should not be overlooked!
Daytona Beach, FL -- (SBWIRE) -- 01/20/2014 -- The strength witnessed by the real estate market in South and Central Florida through 2013 is likely to continue into 2014, marking the third consecutive year of record-breaking home sales in the region. Real estate experts expect single-family home and condos to continue to see price gains through 2014. This is therefore a good time for buyers to consider investing in oceanfront condos in Daytona Beach, Florida, for both residential and rental purposes.
A recent article in the Florida Trend pointed to the surge in new construction in South Florida, with oceanfront condominiums all set to bring in a whole new level of luxury, sophistication and comfort to the South Florida landscape. While existing buildings have seen extensive renovation to bring them at par with the latest in the property market, new construction boasts innovative design coupled with state-of-the-art facilities.
Buying an oceanfront condominium in Florida offers several benefits. The investor in such property is less likely to be impacted by the vagaries of the real estate market than those investing in other types of property. These condos have been seen to be the first to recover even if there is a trough in house prices. This type of property also brings the promise of high rentals, given the number of vacationers looking for beachfront condo rentals each year. Even during a down phase, rental income for these condos sees is unlikely to fall as much as other non-beachfront properties.
If the investment in oceanfront condos is for one’s own use, the wide range of activities and amenities in the vicinity make it definitely worth the money. Apart from the financial benefits, oceanfront property offers several proven health benefits as well, such as stress reduction, recreational opportunities that encourage outdoor activities and promote fitness, lower pollution levels and skin benefits from saltwater. National statistics shows an influx of retiring baby boomers moving to Florida, starting in 2011. In addition, people planning ahead for retirement and early retirees continue flock to Florida, the statistics confirm. And people are willing to pay a premium to own an oceanfront property. Add to this the fact that economists are predicting soaring inflation, the smart thing to do is to invest in real estate that will bring assured returns before the interest rates rise again.
About Distinguished Homes Realty LLC
Serving both the residential and the commercial markets, as DH Commercial Realty, Distinguished Homes Realty LLC has carved a niche for itself in the high-end residential market in Florida. With vast experience in oceanfront, riverfront, condo, golf and gated community real estate, the team has proven its skill, knowledge and experience in helping clients buy and sell property in the residential and commercial markets in Florida. For more information on luxury oceanfront condos for sale in Florida clients should visit www.DistinguishedHomesRealty.com