Friday, February 04, 2011

Key West Real Estate

The Advantages of Buying Key West Waterfront Property Now!
With prices where they are right now, there's never been a better time to buy waterfront property in the Key West area.

Anyone who has ever been to Key West has at one point in their lives considered a life of relaxation with only the sound of the sea and the ocean breeze to worry about. While this may sound like an unobtainable form of paradise, with the current pricing, it is actually much more realistic than it seems. Here are several reasons.

1. A second home that generates income. For those who already own a home and are happy living where they are, waterfront property in Florida's popular Lower Florida Keys area can be a lucrative investment. Each year, thousands of tourists flock to Key West to soak up the sun. Because of this, waterfront rental properties generally take in good rental income. In fact waterfront properties are always the first to get rented.

So, by purchasing a piece of waterfront property and renting it out, you can have all or certainly part of your home payments made plus enjoy it as a vacation home. The goal being, that eventually, you'll be in a position to retire and live the relaxing life you've worked so hard to attain or the property will simply be a good investment for the future.

2. Waterfront properties have historically always had the best appreciation. If you’re on the fence regarding whether or not to purchase property, remember that.
I’m sure you’ve all heard the phrase, there is only so much waterfront property available-which is absolutely true.

3. Buying vacant land. Another consideration is purchasing a waterfront lot and then even if you don't build on it, the property can still grow in value over time or you can build your dream home later. Lots of investors have made their careers out of purchasing multiple vacant lots.

4. The current pricing. Waterfront property in the Key West area has never been cheaper than it is now and likely never will be again. The result is that people of all walks of life and nationalities are currently taking advantage of the Key West area housing market.

The only way to make sure you can even get your hands on a piece of waterfront property in the Key West area (and for less money than ever before) is to start looking now, while there are still excellent property investments available.

In summary, if you're in the market for waterfront property in the Key West area, there's no better time than now to buy. For more information please go to

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