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Buying a Beach House: The Top 5 Best Places

A beach home or condo can become a profitable investment in the right location. Condos generally make great investments or rentals and often fare better than other types of rentals. Moreover, it is easier to market a beach house, meaning your property is less likely to be unoccupied. Buying a beach house might be the best investment in 2023.

In 2023, the rental property market appears to be moderately competitive. Many of the country’s hottest property markets are in the Northeast. As a result, investors are looking at other parts of the nation where buying rental real estate can be relatively affordable.

The lack of newly constructed condo units increases the chance of finding occupants quicker. No matter how inflation impacts rental prices, prospective homeowners remain tenants for a long time due to the barriers to property ownership.

It is easy to make money from rentals, especially if it is a seaside condominium. Beach condos are the best attractions for tourists and people looking for vacation homes. An oceanfront condo drives higher rental income than those not providing something similar. The surging demand from 2021 makes it possible to charge higher and increase profits simultaneously. 

Owning a beach condo can be one of your smartest financial investments as the market is undersupplied and high in demand for vacation rentals. Considering short-term rentals can maximize your income from rental properties. To make a good return in 2023, let’s consider location and other aspects of the rental housing market.

Beach scenes
The beach is the perfect place for a vacation or investment home.

Top 5 Coastal Ppots for Buying a Beach House

Pier at Atlantic Beach
Atlantic Beach, North Carolina, is close to many major cities.

Atlantic Beach, North Carolina: Charming Southern Hospitality

Welcome to Atlantic Beach, North Carolina, where sun, sand, and surf combine to create the perfect vacation getaway! This charming coastal town has so much to offer, making it an ideal place to buy an investment or vacation home.

First and foremost, Atlantic Beach boasts some of the most beautiful beaches on the East Coast. Picture yourself strolling along the soft, golden sands, with the sparkling Atlantic Ocean stretching before you. Whether you’re looking to relax under an umbrella with a good book or try your hand at thrilling water sports, the beach here has something for everyone.

But the fun doesn’t stop at the shore. Atlantic Beach is a haven for outdoor enthusiasts. Explore the pristine waters on a kayaking adventure, go fishing for the catch of the day, or take a boat tour to spot dolphins frolicking in their natural habitat. With its stunning natural beauty, Atlantic Beach is truly an outdoor lover’s paradise.

If you’re a history buff, you’re in for a treat. Fort Macon State Park, a historic Civil War fort, stands proudly on the island and offers a fascinating glimpse into the past. Explore the fort’s underground tunnels, learn about its military significance, and enjoy panoramic coastal views from its ramparts.

When it comes to dining, Atlantic Beach doesn’t disappoint. Indulge in fresh, succulent seafood caught right off the coast in cozy waterfront restaurants. From delectable shrimp scampi to mouthwatering crab cakes, the local culinary scene will tantalize your taste buds and leave you craving more.

To reduce the upfront costs, you must bring home prices as low as possible and Atlantic Beach is a desirable source of budget-friendly condos. The median price is $500K. The town is known for its abundance of public seashores and friendly atmosphere.

Atlantic Beach is a town located in Carteret County, NC. Some say it is the finest beach town, central to many east coast cities like Washinton, DC, Baltimore, and Raleigh.

Ocean City Maryland
Ocean City, Maryland, is close to Washington DC

Ocean City, Maryland: An Exciting Beach Town Close to DC

Get ready for an unforgettable beach vacation in Ocean City, Maryland! This vibrant coastal town has everything you need for an incredible getaway.

First and foremost, Ocean City is famous for its pristine beaches. Miles of soft, sandy shores beckon you to soak up the sun, build sandcastles, or take a refreshing dip in the sparkling Atlantic Ocean. Ocean City’s beaches have it all, whether you’re a beach bum or a thrill-seeker looking to try water sports like paddleboarding or jet skiing.

But the fun doesn’t end at the shoreline. Ocean City is a bustling hub of excitement. Stroll along the iconic boardwalk, filled with amusement parks, arcades, and delicious treats like funnel cakes and saltwater taffy. Take a spin on the Ferris wheel for stunning ocean views, or catch a live performance at one of the open-air stages.

For nature lovers, Assateague Island National Seashore is a must-visit. Just a short drive from Ocean City, this pristine barrier island is home to wild horses that roam freely along the beach. Explore the untouched dunes, go birdwatching, or kayak through tranquil marshes for a truly immersive outdoor experience.

Foodies will rejoice in Ocean City’s culinary scene. From fresh seafood platters to mouthwatering crab feasts, the local restaurants serve up coastal delights that will leave your taste buds wanting more. Don’t forget to try the iconic Maryland crab cakes, bursting with flavor and served with Old Bay seasoning.

Ocean City’s eclectic shops and boutiques have you covered if you’re in the mood for some retail therapy. Browse through beachwear, unique souvenirs, and local artwork, and find the perfect memento to commemorate your vacation.

Ocean City is also known for its lively events and festivals. From the famous White Marlin Open fishing tournament to the Sunfest music and arts festival, there’s always something happening here. Join in the fun, dance to live music, and create unforgettable memories.

With its friendly atmosphere and welcoming locals, Ocean City embraces visitors with open arms. Prepare to be greeted by warm smiles and receive insider tips to maximize your stay.

Besides the ideal location from DC, Ocean City has several affordable housing opportunities that aspiring home buyers are thrilled about. Its prime location on the beach is one of the significant reasons why investors are likely to succeed in the rental business. 

Ocean City is home to endless entertainment and luxurious condo buildings looking over the majestic Atlantic. The fantastic beach condos aren’t easy to come by until you’ve checked Golden Sands’ new listings. The average price of condominium units hovers around $700K.

The beach at Galveston Texas
Galveston Beach is charming and exciting at the same time!

Galveston Texas: A Treasure Trove

Get ready to experience the charm of Galveston, Texas! This coastal city is a hidden gem that perfectly blends history, culture, and beachside bliss.

Galveston’s sandy shores are simply breathtaking. Miles of pristine beaches invite you to soak up the sun, build sandcastles, or take a refreshing swim in the turquoise waters of the Gulf of Mexico. Galveston’s beaches have it all, whether you’re looking for relaxation or thrilling water activities like surfing and paddleboarding.

Beyond the beach, Galveston’s rich history comes to life. Explore The Strand Historic District, a treasure trove of Victorian architecture, unique shops, and delicious dining options. Visit the iconic Moody Mansion or journey back in time to the historic Bishop’s Palace.

Galveston’s vibrant arts and culture scene is a treat for the senses. Discover local art galleries, catch a live performance at The Grand 1894 Opera House, or immerse yourself in history at the Galveston Railroad Museum.

Food enthusiasts will delight in Galveston’s culinary offerings. Indulge in fresh seafood at waterfront restaurants, savor mouthwatering Gulf Coast cuisine, or enjoy a leisurely brunch with a view. Don’t forget to try the famous Gulf oysters!

For family fun, head to the Galveston Island Historic Pleasure Pier. This iconic amusement park offers thrilling rides, classic carnival games, and delicious treats, guaranteeing a day of laughter and excitement for all ages.

Galveston’s warm and friendly locals add a special touch to your visit. Their hospitality will make you feel right at home, and their recommendations will ensure you make the most of your stay.

So, whether you’re seeking sun-soaked relaxation, historical exploration, delicious cuisine, or family-friendly adventures, Galveston, Texas, has it all. Pack your bags, bring sunscreen, and prepare for an unforgettable coastal vacation in this captivating city.

Galveston is a just 50 miles from Houston and an easy flight from the east coast. The amenities of a big city and a private lifestyle make it a great resort destination and place to call invest in.

Galveston invites investors to explore any real estate, from condos to cottages. Investors have plenty of options before committing to any contract. Most noteworthy is that the median price of seaside condos is often less than in other areas of the country.

Sandbridge beach coastline
Sandbridge Beach blends the excitement of Virginia Beach with nature.

Sandbridge Beach, Virginia: Close to DC and Yet A World Away

Welcome to the serene and picturesque Sandbridge Beach, Virginia! Located south of the Virginia Beach boardwalk, this area perfectly blends natural beauty and tranquility. And best of all, it’s an easy drive from Washington, DC, Richmond, and Baltimore.

Prepare to be mesmerized by the stunning beaches of Sandbridge. Imagine long stretches of soft, powdery sand and rolling waves inviting you to relax and unwind. Whether you’re looking for a peaceful beach walk, a thrilling surf session, or simply basking in the sun, Sandbridge Beach is a haven for beach lovers.

Nature enthusiasts will be delighted by the surrounding wildlife and outdoor activities. Explore Back Bay National Wildlife Refuge, a pristine sanctuary where you can hike, bike, or kayak through marshes and witness many bird species. For a touch of adventure, try your hand at fishing or embark on a dolphin-watching excursion.

Sandbridge Beach is perfect for those seeking a respite from the bustling crowds. This coastal retreat offers a sense of seclusion and serenity, allowing you to unwind and connect with nature.

Although Sandbridge Beach offers a peaceful atmosphere, nearby Virginia Beach provides a vibrant contrast. Just a short drive away, you can explore the lively boardwalk, indulge in delicious cuisine, and enjoy exciting entertainment options.

The market may be more competitive than others, but if you buy a condo in Sandbridge, your property will yield passive income almost year-round and you can use the property yourself very easily.

The median price of condominiums lies between $500K and $550K, while single-family homes will be higher.

North Myrtle Beach has miles of coastline
North Myrtle Beach has miles of warm, sandy coastline and thousands of condos to invest in.

North Myrtle Beach: A Warm Getaway and Great Investment Opportunities

Welcome to the sun-soaked paradise of North Myrtle Beach, South Carolina! Nestled along the pristine coastline, this captivating destination offers a myriad of delights for beach lovers and adventurers alike.

Prepare to be enchanted by the exquisite beaches of North Myrtle Beach. Immerse yourself in the soft, golden sands and let the gentle waves caress your toes. Whether seeking a tranquil escape or thrilling water sports like parasailing and jet skiing, North Myrtle Beach’s shoreline caters to every desire.

Nature enthusiasts will revel in the coastal beauty and abundant wildlife. Explore the enchanting salt marshes and nature preserves, where you can spot unique bird species and discover the vibrant ecosystem. Embark on a fishing excursion or take a sunset cruise for an unforgettable experience in the sparkling waters.

North Myrtle Beach offers a delightful blend of tranquility and excitement. Discover the charm of Barefoot Landing, a premier shopping and dining destination featuring boutiques, eateries, and live entertainment. Indulge in delectable seafood at waterfront restaurants or savor Southern cuisine that will tantalize your taste buds.

Families will find endless fun in North Myrtle Beach. Explore the thrilling amusement parks, embark on a pirate adventure, or enjoy a round of mini-golf in the captivating seaside setting. With various family-friendly activities, North Myrtle Beach is the perfect destination to create lasting memories.

North Myrtle Beach is in Horry County, SC, bordered to the southwest by Briarcliffe Acres. The location balances the beauty of the beaches, the excitement of vacation activities, and residential homes, including thousands of condos.

What is the right to buy a beach property?

It is the ideal time to a buy a rental property when there is a slowdown in the market. This is because sellers are anxious to sell at that time. Buying at the beginning of fall, typically September and October, would be prudent for a coastal market. Some prefer summer to purchase real estate to start making money immediately.

By exploring the enchanting landscapes and captivating communities showcased in this guide, astute investors can discover the hidden gems that promise a blissful beachside lifestyle and substantial returns on their investments. These coastal destinations boast the perfect blend of natural beauty, economic growth, and burgeoning tourism, making them prime locations for savvy condo investments.

If you’re in the market for a home in the Washington DC area, contact one of our experienced realtors at Eng Garcia and let us help you today.

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