3 Things to Look for in a Vacation Home

by BlueWater Realty of Pine Island, Inc 11/10/2019

Buying a vacation home is an important goal and milestone for many Americans who want to make the most of their holidays and plan for retirement.

Vacation properties needn’t be lavish or expensive to still be a perfect way to enjoy the winter months at your home away from home. Furthermore, owning a vacation home can prove to be an excellent financial asset that increases in value over time, as more people seek to scoop up properties in your area.

In today’s post, I’m going to talk about some of the most important things to look for in a vacation home to help you kick off your search. Whether you’re months away from buying a home or the idea of a second home is still a far-off dream, this article is for you.

1. Consider locations

The most important aspect of any vacation home is that it’s located in the perfect place for you to enjoy. Whether that’s a remote getaway in the mountains or a beachfront property in Florida, your plans for the home should be your number one priority.

If it’s your ultimate goal to retire and move into your vacation home someday, consider what it would be like living in that location full time. Is it close to amenities like grocery stores? Or, if you’re moving to a coastal area, will the traffic drive you crazy?

On the other hand, if you don’t intend to ever move into your vacation home full-time, it might be wiser to choose a location that will suit your family’s vacation needs while remaining a great asset to sell down the road.

2. Spend a week at your destination before buying

Some homeowners have a dream of buying a vacation home in a place they’ve always wanted to visit or have simply heard is a great place to own a vacation home in. The problem with this is that you might find, once you arrive, that you don’t want to spend several weeks or months there after all.

It might get too crowded during vacation season or you might decide that there isn’t enough to do that will keep you busy for extended stays.

To prevent buyer’s remorse, spend a week or two in your planned vacation home destination to make sure it really is the best spot for you.

3. If you plan on renting, know what to expect

Many Americans purchase a vacation home with the intention of renting it out while they aren’t using it to earn extra income. While this can be a great way to generate income, you will need to be prepared for becoming a landlord.

Look up local rental laws in the area to make sure you understand your responsibilities. Furthermore, understand that renting out a property part-time takes work; you’ll interact with prospective renters, filter out those that you think aren’t suited for your home, and handle problems with the property as they arrive.

If you keep these three things in mind, you should be able to find the perfect vacation home for you and your family.

About the Author
Author

BlueWater Realty of Pine Island, Inc

Phil Gilles Direct: 239-425-5423 Email: [email protected] Donna Gilles Direct: 239-425-5426 Email: [email protected] Donna and Phil Gilles are two of the most respected Pine Island Florida Real Estate Agents. Their dependability, honesty and integrity are truly a "cut above” in the real estate profession. Having vacationed in Southwest Florida for several years and owning on Pine Island for eleven years, Donna and Phil could no longer resist the magnetism of Pine Island and moved to the island in 1998. Donna and Phil started BlueWater Realty of Pine Island on September 11, 2002, realizing Pine Island was in need of a real estate family that was a step above the mass marketers that dominate the real estate profession. Donna and Phil are both members of the Realtor Association of Fort Myers and the Beach, the Florida Association of Realtors, the National Association of Realtors, the Multiple Listing Service, and the Pine Island Chamber of Commerce. Donna and Phil’s in depth real estate training include investment management, brokerage, marketing high-end homes, real estate law, ethics and practice. Both Donna and Phil achieved the Graduate Realtor Institute designation in 2006. If your immediate future requires counseling in the purchase or sale of real estate, please contact Donna or Phil. They are professionals who will work hard for you to help achieve your real estate goals. The professional GRI (Graduate Realtor® Institute) designated real estate team at BlueWater Realty of Pine Island specializes in assisting prospective Pine Island residents in locating and purchasing their "piece of paradise” in Bokeelia, Pineland, St. James City and Matlacha. BlueWater Realty of Pine Island also provides a "no hassle, no cost” listing service for customers who wish to sell their Pine Island properties. Let the team at BlueWater Realty of Pine Island provide you with the best professional assistance available when selling or buying Pine Island real estate. Contact us at 239-283-7500 for more details. Pine Island, Florida is a short distance from Cape Coral and Fort Myers, Florida, however, our lifestyles and quality of life are worlds apart. Our four-way stop at Pine Island Center is an invitation to turn north toward Bokeelia and Pineland or south to St. James City. Whichever direction you turn, you will experience an atmosphere that exists in few Florida communities. Instead of high rises, asphalt and concrete, you will find low density development with the accent being on preservation and nature – not development. Residents of Pine Island revel in the extraordinary wildlife that inhabits our island, including sea birds of all varieties and colors, manatees, dolphin and other wildlife of all species. Pine Island offers some of the best fishing and boating in Florida. Boat to a secluded beach on Cayo Costa or island hop to the many eateries offering abundant seafood varieties. Fishing opportunities are endless. Inshore fisheries include snook, redfish, trout and world-class tarpon fishing, which has made our waters famous. Offshore fishing for grouper and snapper are excellent with many natural and artificial reefs. There is no better time than right now to purchase your "piece of paradise” on Pine Island. Interest rates are near an all-time low and prices are approximately 40% lower than they were just five years ago. The GRI (Graduate Realtor® Institute) designated Realtors® at BlueWater Realty of Pine Island can make a difference. When you see the letters GRI after an agent’s name, you can count on receiving the knowledge and guidance to ensure a smooth real estate transaction. In short, you can count on getting the best service available from a real estate professional. We want to be your Pine Island Realtor®. Call 239-283-7500 today. When it comes to finding a peaceful community in southwest Florida, Pine Island stands out as a leading place to find a second home, vacation spot or quiet place to retire to after long days in the Florida sun. Although Pine Island is actually the largest island on the Gulf Coast, it is a casual and laid-back place and the perfect spot for secondary homes. If you ever decide Pine Island is the right place for you, you have four beautiful neighborhoods to choose from. Whether you are looking for a gorgeous beachfront home, or a location inland, you will find everything you are looking for and more on this island, including a close-knit community, still active during the day before letting the night drift in and close down the island. Getting to and from the island is simple and the island itself is only an hour away from the Southwest Florida International Airport. Better yet, because the economy of Pine Island thrives on local fishing, it is a great spot for anglers to spend the day fishing or newcomers to begin fishing and develop a new passion. The island is also the ideal spot for relaxing activities like kayaking, hiking, and boating, among others. Visitors and residents alike will quickly find the island is a quiet community where the nightlife dies down by the end of the evening. You will be able to have fun without having to worry about noisy visitors keeping you up all night. Rest and relaxation comes at a premium these days, but Pine Island affords residents the opportunity to comfortably enjoy life. The residents here are just as diverse as the activities you can take part in. Artists, musicians, business professionals, retired attorneys, teachers and snowbirds all call Pine Island home. Even raising a family provides you an opportunity to raise children in a diverse environment with culture and life thriving around them. Still, this tiny part of Florida brings something unique to Pine Island livinganyone who visits it. As Pine Island was described in an article in Coastal Living Magazine, "A slice of Old Florida ‘country’ still thrives on this lush, green isle.” These are just a few of the perks of living on Pine Island. We hope to continually update our blog with community news, real estate updates and information regarding Southwest Florida and Pine Island, as well