Is a condo at Orange Beach a good investment?
Part of the popular Phoenix condominium series, these condos have a terrific rental history and make a great investment. Amenities include an outdoor pool, splash pad, hot tubs, sauna, tennis courts, & more. The development is close to restaurants, grocery stores, and is adjacent to Gulf State Park Romar Beach Access.
Is it a good investment to buy a condo in Florida?
Are Condos a Good Investment Property? There are many attractive investment opportunities when it comes to a condominium. They often have lower prices than comparable single-family or multifamily homes and fewer maintenance issues, given that the Association handles most of the exterior maintenance.
Is Orange Beach AL a good place to retire?
4, 2018) – Gulf Shores/Orange Beach, AL, has been selected as a top retirement destination in the sixth edition of “America’s 100 Best Places to Retire,” a comprehensive guidebook of the country’s most appealing retirement towns.
Can a beach condo pay for itself?
As you can see, finding a vacation rental property that can generate positive cash flow is very feasible. Whether you’re intending to use it strictly as an income property or as an occasional second home, a vacation rental property can definitely pay for itself if you abide by the guidelines in this blog.
How many condos are in Gulf Shores Alabama?
There are more than 17,000 vacation condos, hotel rooms and beach houses in south Baldwin County. Orange Beach alone has 8,466 of the 14,567 condos with Gulf Shores having 4,519 and Fort Morgan 1,582. There are a total of 2,473 hotel rooms in Gulf Shores and Orange Beach and none in Fort Morgan.
Do condo fees increase every year?
Condo corporations plan for major/unexpected expenses by keeping a portion of maintenance fees in a reserve fund. Your fees will probably go up every year – at least a bit. Condo maintenance fees typically increase each year, in line with inflation rates and property taxes.
Why invest in Orange Beach Gulf front condos?
Orange Beach gulf front condos typically double the annual revenue of other condos, with the exception of the Caribe, which sits on a narrow section of land and offers great views of the Gulf of Mexico and other surrounding waterways.
Where are the Gulf front condos in Orange Beach?
Western end of Orange Beach – These are the first gulf front condos in Orange Beach representing the West-end of the city limits. Palm Beach is 3.4 miles from Gulf Place in downtown Gulf Shores and just West (left in the image) of Sugar Beach and the Western-most Orange Beach condominium.
What services do we offer Gulf Coast real estate investors?
We offer unique services to go with today’s ever-changing Gulf Coast real estate market. We’ve included investment information for buyers looking at real estate from the numbers and plenty of exclusive aerial imagery, such as our Orange Beach aerial tour or Gulf Shores aerial tour with labeled condos to help with perspective.
Where are the best gulf front condos in Alabama?
On the Gulf of Mexico, Phoenix X is the last condo in Alabama before the FloraBama and Mediterranea is the first gulf front condo in Florida. (Mediterranea not pictured) Perdido Place is rent-restricted and East of Phoenix IX . Regency Isle sits directly on the gulf and features a putting green.