Page 19 - Women Pushing Dirt June 2021

Travel Buying BeaCh ProPerties

is it Better to Buy

sanD insteaD oF Dirt?

Here at Women Pushing Dirt, we talk a lot about, well, dirt. And this got me thinking! Which dirt?

Dirt is the foundation of real estate. Properties are built on dirt, on a piece of land, in an allotted
space. Which dirt really matters and it’s no coincidence that people in the real estate industry are
fixated on location, location, location!

So let’s talk about one type of location – the beach. As far as locations go, coastal areas evoke
images of sunshine, the cries of seagulls, delicious seafood, and beautiful sunsets and sunrises. The
beach is seen by many as a highly desirable location to own real estate and the prices of real estate,
especially in tourist hot spots, definitely reflect that.

If you’re dreaming of waking up to the sound of crashing waves, of feeling the ocean breeze on your
face, and the warm sand between your toes, there are definitely some things to consider.

What do you hope to do there?

If you plan to live in the location year-round, you will probably be interested to know about
economic opportunities. The economy of coastal locations is often tied to location. Major cities
on the coast often came into being because of a harbor and the role they play in the trade
and movement of goods. Other coastal towns and cities rely heavily on tourism. This has two
common effects: firstly that the economy is tied to tourism, and, secondly, that this is often
seasonal.

Living in a tourist hotspot.

Beaches can attract large quantities of people and this can make these locations very crowded.
If you prefer a quieter, more laid-back scene, take your time to get to know the location and be
sure that it will suit your lifestyle.

Can you capitalize on your beach property?

Perhaps you are not looking to buy a beach property to live there year-round. In fact, many
people have the goal of using their beach property as a holiday home and/or as an investment
property. In this case, you can use the influx of tourists to your advantage by renting your
property to holidaymakers and then enjoying your property in between visitors and whenever
you want.

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