Florida Vacation Paradise: Is a Vacation Home for You?
After the challenges of the pandemic, life is poised for more normal patterns. During the past year, many of us have discovered that working remotely in second homes or vacation rentals not only provides a welcome change of scenery, it can work well and be productive. Combine that with the desire to enjoy a change of scenery, and it becomes clear why there a renewed spotlight on vacation home ownership.
Interest rates are projected to remain steady and low. And pent-up demand for travel and tourism will likely boost the hospitality industry. So, the timing is good, but it’s important to consider a few important aspects.
The old real estate adage: location, location, location is still is a crucial one. Your vacation home should be exactly where you want to be. Are you a theme park fan? Look at Encore at Reunion, Margaritaville Cottages and Villas which will put you within minutes of the parks, some even provide shuttle services. Do you want to be in a private oasis, near championship golf courses, then Bear’s Den at Reunion may be more your style? This is a resort-within-a-resort with estate homes along the Jack Nicklaus Traditions golf course fairway and the Jack Nicklaus clubhouse as part of the amenities package. For a laid-back resort near all the excitement of shops, restaurants and entertainment, Margaritaville Cottages and Villas offer all the chill hang time with lots of fun and nearby: Island H2O water park, Salty Rim Bar and Grill, St. Somewhere Spa and The Promenade at Sunset Walk with dozens of boutiques, restaurants, a dine-in movie theater and The Market Place for car shows, festivals and live entertainment.
Quality matters!
Also look at the reputation of the home builder. Visit the builders’ communities, check their websites. New construction vacation homes should be a source of joy for many years to come. Choosing a builder with an excellent reputation and experience will set you up for success. Encore Resorts at Reunion is owned by well-respected Encore Capital Management which has more than $3 billion in real estate and hospitality assets. The company is also developing Margaritaville Cottages and Villas, Beachwalk in Jacksonville and others.
What about renting out my vacation home?
Trusting the care of your investment is an important decision. There are several reputable property management providers. We work with an exclusively with preferred property management providers who meet our exceptionally high standards for hospitality and marketing of vacation rental homes. Consistent minimum rates will generate larger net returns to owners while consistent levels of care will ensure loyal, returning guests.
Amenities galore
Once you have decided the configuration of home you prefer (there are homes available with up to 13 bedrooms and bathrooms!) you also want to look at available amenities. A private pool or a hot tub? Access to shops and restaurants in walking distance or a water park nearby? Resort-style pools? Access to golf courses, restaurants, tennis, spa, dog parks, play grounds and/or a fitness center, bicycling paths, there is something to please everyone. What does your family love to do?
If you enjoy Florida’s year-round great climate and activities, you’ll love escaping to an endless array of always expanding opportunities to make memories with family and friends in your own vacation home. And owning your own place means you have everything you want in your own space with all the features and amenities that matter to you. Pick the right number of bedrooms and bathrooms, select features including theater rooms, outdoor living spaces, gorgeous gourmet kitchens and all beautifully furnished to suit your decor style.
If you’re interested in learning more about vacation home ownership, we’re glad to help and talk your through some options. We have in-depth experience in the real estate and hospitality industry and will gladly assist in presenting solutions to fit your need.
