A second home on a waterfront can not only be for a household to enjoy but also serve as a potential revenue stream as a rental. Beach homes have long been desirable properties in real estate.
Vacasa, a vacation rental management platform, ranked the top waterfront vacation rental destinations in which purchasing a second home offers some of the best prospects. Researchers factored in the cap rate and yearly rate of return on investments.
The following markets ranked at the top to buy a beach house in 2022, according to Vacasa’s analysis.
Source: “Best Places to Buy a Beach House 2022,” Vacasa (March 2022)