Investors are once again moving into the Hilton Head Real Estate market. Some are looking for return and have no plans on using the property while others are adding it to their portfolios with the expected fringe benefits of using it when it is not rented. We welcome back these purchasers and think they will like what they see. In fact, Yahoo Finance, just ranked the Hilton Head Market as one of “5 Best Markets to Buy a Home” and we have listed some reasons why.
Buying Property at the bottom on Hilton Head
Buying for investment is all about timing. The Hilton Head market has been bouncing along the bottom for the last few years and recently we have seen a firming of selling prices with less negotiation between the listing price and selling price. Of course, this is dependent on proper pricing to begin with. The graph below shows the positive value improvements made recently on Hilton Head.
Low interest rates and high rental demand appeal to Hilton Head investors
It has never been a better time to buy rental property. Rental income can be off the charts with the help of the internet to cover the off season and boost their bottom line. Add in the very attractive interest rates on properties some between 2 and 3% and investors have never had better cash flow.
- Long Term Rentals – The long term rental market is still strong. As a result, we are in need of homes under 2500 sq. ft. If any of your clients would consider renting long term, we would be glad to visit the home to answer any questions they may have regarding long term rentals and give them an estimate of a rate that they might expect to receive. Contact Keith Miller, PMIC (843) 682-4310, FAX (843) 682-4316 Keith@MillerLongTerm.com
- Short Term Rentals – Hilton Head owners can choose free rental web sites, fee based sites, performance based sites and flat fee rental websites, so whether you have a rental company or you manage it yourself, rental websites will increase your bottom line. Contact us for rental company suggestions or ideas on how to boost your bottom line at (843)785-7111 or info@HiltonHeadProperties.biz
Quality of Life on Hilton Head
Of course, we believe Hilton Head offers a quality of life that is immeasurable in value. Investing in personal health and happiness is truly the very best investment one can make in life. The beach, neighborhoods, sub tropical tempatures, schools, hospital, restaurants, airport and national convenience all add to the quality of life found on Hilton Head. Just take a minute and count the ways Hilton Head is a good investment below.
1 – PGA Tournament
2.38 – Million Visitors supporting our lifestyle
3 – Plus colleges in the area area offering continuing education for retirees along with the sports they bring.
3 – Great art centers in the area including the Art Center with Broadway type shows and talent.
7 – top college golf tournaments, i.e. at Belfair, Long Cove, Haig Point, Palmetto Hall and others!
8 – Beach Parks with Access
9 – Marinas
10 – Beautiful Gated Communities
10 – Great Schools
10 – Historical Landmarks
12 – Public Tennis Courts and over 300 total courts
12 – Miles of Pristine Beach
12 – Major Festivals and celebrations
20 – Island Parks
24 – Island Golf Courses
30 – Miles of Public Bike and fitness Pathways
42.1 – Square Miles of pure beauty
56 – Average Low Temperatures
76 – Average High Temperatures
93 – Beds in the Hilton Head Hospital(acute care)
37,918 – Population Year Round(small but great)
200 – plus college tennis teams come to HHI every year for spring practice
200 – plus Days of Sunshine
Hilton Head Island Market Outlook
If you would like to research Hilton Head homes, villas, home-sites and quartershares, please call on us anytime at (843)785-7111 or email us at info@HiltonHeadProperties.biz. Let us know what type of property or Hilton Head Vacation home you are looking for and we would be happy to send some ideas and include a pro-forma detailing the expenses and income for a property with these current interest rates. Thank you.