Myrtle Beach real estate as an investment?

By
Real Estate Agent with Beach Realty - CRG Construction

Is Myrtle Beach a great area to buy an investment property? If this is a question you are asking yourself, please continue to read. We have listed 10 reasons why we believe Myrtle Beach is a great place to own an investment property.

  1. Myrtle Beach continues to be a widely searched area for vacation and travel terms. In 2009 Myrtle Beach was recognized by AOL as one of the 10 most searched vacation terms this year. Myrtle Beach has some pretty good company in that top 10, other areas included Hawaii, Florida, Mexico, Costa Rica, Italy, Colorado, Disney World, Disney Land, and the Grand Canyon. Not bad…
  2. The Grand Strand is also home to over 100 golf courses, many of them being recognized as world class golf courses.
  3. Prices for real estate are way down from the levels a couple years ago.
  4. The Myrtle Beach area has continued to be one of the fastest growing areas in the south east.
  5. Once a seasonal vacation spot, with the addition of many golf courses, shopping, attractions, etc… It continues to draw visitors more and more throughout the year.
  6. Historically, based on appreciation over the last 20+++ years real estate in the Myrtle Beach area has increased in value steadily. 
  7. Myrtle Beach continues to be an affordable vacation destination in the down economy.
  8. Horry County continues to make strides to make Myrtle Beach an easier vacation destination. Interstate 73 will connect the Myrtle Beach area to I-95. Myrtle Beach Airport is just starting a $90,000,000 expansion that will bring more flights into the Myrtle Beach area.
  9. Myrtle Beach population growth is expected to grow 50% by 2025. From 1990 to 2000 the Horry County population grew by 36%.
  10. The Myrtle Beach area offers many different types of investment property. Whether you are looking for waterfront property, vacation rentals, golf property, acreage, farmland, condos, commercial property, etc… you can find it in the Myrtle Beach area.

 

If you are searching for a Myrtle Beach investment property please visit our Myrlte Beach MLS search tool. Our website is updated daily with all the available properties in the Myrtle Beach area. If you have questions, or would like to speak with an experienced Myrtle Beach Realtor, please contact us today.

You can also sign up for our foreclosure alert to receive Myrtle Beach foreclosure listings in your inbox as soon as they are listed on the Myrtle Beach MLS. 

 

Comments (1)

Pam Guthrie
Seaside Realty Company - Myrtle Beach, SC
Seaside Realty Co. Owner/Broker In Charge, REALTOR

Good Luck on ActiveRain Preston - Don't forget to post your photo :)  KEEP ON SELLING MYRTLE BEACH !!

Mar 30, 2010 03:35 PM