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Why Buy Real Estate On The Outer Banks

By
Real Estate Broker/Owner with OBX Realty Group NC#223529

Why buy real estate on the Outer Banks?

Buying real estate on the Outer Banks can be a desirable option for several reasons:

  1. Coastal Living: The Outer Banks, a string of barrier islands off the coast of North Carolina, offers a unique coastal lifestyle with access to beautiful beaches, water sports, and a relaxed atmosphere. It’s a popular destination for those who enjoy living by the sea and want to experience a coastal lifestyle.
  1. Vacation Rental Income: Many people purchase real estate on the Outer Banks as an investment opportunity. With over 9 million tourists visiting each year vacation rentals are in high demand, and renting out your property to tourists during the peak season can provide a steady income stream. The summer season sees a significant influx of tourists, making it an attractive destination for property owners.
  1. Potential Appreciation: Over time, real estate in desirable coastal locations like CorollaDuckSouthern ShoresNags Head and more on the Outer Banks can appreciate in value. If the area continues to grow and develop, your property investment may increase in worth.
  1. Second Home or Retirement Destination: Some people buy real estate on the Outer Banks to use as a second home or as a retirement destination. The natural beauty, moderate climate, and recreational activities make it an appealing place to spend leisure time or retire.
  1. Recreation and Outdoor Activities: The Outer Banks offers various outdoor activities such as world class fishing, kayaking, surfing, birdwatching, and more. If you enjoy an active lifestyle and love being close to nature, it can be an excellent place to own property.
  1. Low Property Taxes: North Carolina, including the Outer Banks, is known for relatively lower property tax rates compared to some other states, which can make property ownership more affordable.
  1. Natural Beauty and History: The Outer Banks are rich in natural beauty and history, including the famous Wright Brothers National Memorial, lighthouses, and pristine beaches. Owning property in such a historically and ecologically significant area can be personally rewarding.

Before buying real estate on the Outer Banks, conduct thorough research, consult with local a real estate professional, and consider your goals and financial situation. It’s also advisable to work with an agent to visit and explore different neighborhoods to find the right location for your needs. Since 2003 Matt Huband-Broker/Owner of OBX Realty Group has ranked in the top 7% of all Realtors on the Outer Banks in totals sales and sales volume. Matt can help you find the right property on the Outer Banks from Corolla to Hatteras.  To learn more about buying real estate on Outer Banks of North Carolina contact Matt today.  

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About the author of this blog:

Matt Huband is Broker/Owner of 
OBX Realty Group in Southern Shores, NC. For 13 years Matt has worked with buyers and sellers from Corolla to Hatteras who are interested in 2nd home, investment property, new construction,  foreclosures, short sales, and condo's.  Matt has been helping his clients realize their dream of owning an Outer Banks beach house. Put Matt's extensive area knowledge to work for you. Contact Matt today to get started on finding your new beach house.

To learn more about Outer Banks real estate go to www.obxrealtygroup.com or email obxrealtors@gmail.com

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