Where is the best place to have a vacation home?

Last year's red-hot housing market may be starting to cool down a bit, but consumer demand for vacation rental real estate continues to burn strongly. If you are looking for a vacation rental property or a second home, keep reading as we outline the 25 best places to buy a vacation home. From coast to coast, we rank our top 25 markets based on the capitalization rate or rate of return on your investment, and provide useful data points that include the median home sales price and annual gross rental income. Guest demand for vacation rentals remains incredibly high across the country, increasing occupancy and rates year after year.

It's a good time to enter the holiday home market and take advantage of the opportunity, if you intend to rent your home. In the same report, 46% of buyers said they are looking to start generating income today, which is exactly where Vacasa can help offer a full service vacation rental management. Augustine Vacation Homes According to visitors, Dauphin Island is one of those rare places where you feel relaxed immediately after your arrival. It's also known as one of the most family-friendly destinations in the Southeast, so kids will have plenty of activities to entertain themselves, such as day trips to the estuary at the Dauphin Island Marine Laboratory and the Audubon Bird Sanctuary.

After some educational fun, let them let off steam on the stretches of white sand that flank the island and dive into the crystal clear waters. The beaches of Dauphin Island are quiet and uncrowded, making it an ideal destination to build a good old-fashioned sand castle or to catch up with a good read. This island oasis wins number four with a cap rate of 6.8%. While most vacation destinations have worthwhile activities and attractions throughout the year, Deep Creek Lake is one of those places that truly offers fun during all four seasons.

In the summer months, guests can head to the state's largest inland lake for boating, tubing, and waterskiing. In the winter months, skiers and snowboarders escape to Wisp Resort in the mountains of western Maryland, where they can glide down 33 tracks totaling 11 miles of terrain. For those who choose not to go to the slopes, there are plenty of other winter activities, such as walking to the waterfalls of Swallow Falls State Park, participating in a guided snowshoe tour, and even gliding through the snow on a festive sleigh ride. Frequently included in our Best Places to Buy a Winter Vacation Home report, Ludlow attracts guests in search of nature and, boy, do they get a healthy dose?.

Okemo Mountain Resort is a true winter wonderland, with first-class amenities and diverse terrain for skiers and snowboarders of all levels. Another place that attracts visitors all year round is Buttermilk Falls, a series of three waterfalls and several pools where summer lovers can take a dip. But if you really want to soak up the local culture in Ludlow, look no further than Green Mountain Sugar House. Every weekend, the sugar house offers visitors sugar in the snow, maple cream donuts, maple coffee and even maple milk.

This sweet vacation rental market has a maximum rate of 5.2%. With Vacasa's professional, full-service vacation rental management, you'll have a trusted local team on your side and much more. Estimated rental income and home sales prices figures are based on averages for a given market over the previous 12 months; for any specific property, actual income, purchase price, and maximum rate may differ materially from the estimated amounts and depend on a wide range of factors beyond Vacasa's knowledge or control, such as the condition, design, and furnishing of the property; expenses associated with the acquisition and ownership of the property (such as property taxes, utility rates, HOA rates, insurance fees, and mortgage-related expenses); availability of rental schedule; current and future regulations; future economic, social and political trends and conditions; and climatic and environmental factors. These estimates do not take into account the potential impact of state income taxes.

Many locations restrict or impose conditions on the use of properties such as vacation rentals, or restrict vacation rentals to certain defined areas. Before purchasing a particular property as a potential vacation rental, the buyer must confirm that the property can be legally used for this purpose. Vacasa makes no representations or warranties, express or implied, as to the accuracy of this document. In addition, Vacasa has no obligation to update, modify or amend this document or to notify users in the event that any opinion, assumption, forecast or estimate set forth herein changes or becomes inaccurate.

Therefore, you should not unduly rely on the statements in this document. Anna Cottrell is a consumer editor in the titles of Future Plc Home. She has experience in academic research and is the author of London Writing of the 1930. Write about interior design, property and gardening.

At H%26G, she specializes in writing about properties: buying, selling, renting, mortgages, sustainability and green issues. For this reason, the Poconos is best for investment-focused buyers who have enough cash available to bid on homes within one to three days of the property listing. Still, with a potential cap rate of 14.7%, the ratio of a property's net income to market value, and a key measure of success, you should be able to recoup your investments and start making profits more quickly. Great Smoky Mountains Considered Part of Sevierville Backyard.

Therefore, those who purchase a vacation rental in this area are well positioned to achieve their occupancy targets, thanks to the 12.1 million visitors who flock to the national park annually. With a population of just 1,300, Bryson City has an arts-focused, walkable center with local bookstores, murals, galleries and breweries. The Tuckasegee River also runs through the center and is a place for kayaking, paddleboarding or fly fishing. With nearly 13 ski areas nearby, North Conway is a well-loved New England ski town.

This New Hampshire spot is in the heart of the White Mountains region, making it a year-round magnet for nature lovers who come to glide down the slopes, hike, play golf, fish and enjoy some of the best leaf-gazing spots in the country. However, beyond winter adventures, Ruidoso has all the elements for a fun vacation no matter the traveler. Activities include casinos, historic sites and White Sands National Park, a 275-square-mile sandpit made of sparkling gypsum crystals. For the uninitiated, Gulf Shores (which is also on our list of best places to buy a beach home) sits seamlessly with the coastal border town of Orange Beach, and taken together, this vacation rental region has 32 miles of beautiful beaches.

And unlike other Arizona destinations (such as Sedona, Scottsdale, or Flagstaff), the Pinetop-Lakeside area is less well known. Visitors will find plenty to do here, with dozens of lakes and 200 miles of picturesque multi-purpose trails to explore, plus family-friendly activities such as mini-golf and arcade games. Whether you're an investor or just a homeowner looking to buy your own personal getaway, do your research before buying a vacation home, especially if you plan to use it to generate additional passive income. Let's break down the best places to buy a vacation home for those looking to find a beautiful retreat that also has pocket-friendly benefits.

What makes somewhere one of the “best places to buy a vacation home? We analyzed data from cities across the country to carefully select this list based on average home value, average rental income, population, and more. Located just south of Jacksonville, St. Augustine is a beautiful coastal city that attracts tourism not only because of its beautiful beaches, but also because of the richness of history in this unique place. Founded by Spanish explorers in 1565, St.

Augustine claims to be the oldest established city in Europe in the entire U.S. UU. Visitors can go on historic city tours, windsurf in Anastasia State Park, go to the golf course and much more. Palm Springs is a beautiful resort town in the California desert, located just west of Joshua Tree National Park.

It is famous for being the vacation destination of the stars of old Hollywood, although anyone can visit it now. There are plenty of activities for visitors to enjoy, from lounging by a pool to visiting the natural hot springs, exploring Joshua Tree, golfing, hiking and much more. The city is also home to a large number of modern mid-century houses and buildings, for those passionate about architecture. As a great vacation and spring break spot, Gulf Shores has a large and booming rental market.

It is located right along the Gulf of Mexico and has plenty of warm, sandy beaches for visitors to relax in. There are also more than beaches for visitors to explore. Gulf Shores is home to many golf courses, trails, a pier, Alabama Gulf Coast Zoo, and even a zip line over the sand dunes. Corolla is a town on the outer banks in North Carolina.

This city is small and has few residents all year round, but it's still a great tourist destination for its miles of beaches and beautiful ocean views. There's a lot to do in Corolla besides going to the beach and swimming. Activities include watching the area's wild horses, seeing the views from local lighthouses, fishing, biking, golfing and more. Much of the land around Navarre Beach is completely unspoiled or part of a marine protected area, so it has natural beauty that can be found in a few other places in the state.

New Buffalo, Michigan, is a beautiful lakeside city that rests directly on Lake Michigan, just across the water from Chicago. New Buffalo gained popularity as a vacation spot due to its prime location in southwest Michigan, making its pristine beaches easily accessible to residents of Michigan, Indiana and Illinois. In addition to relaxing on the beach, New Buffalo is also full of other activities for visitors, such as hiking, shopping downtown, and visiting the expansive Four Winds Casino. Daytona Beach is a city on Florida's Atlantic coast.

It is best known for being home to the Daytona International Speedway, which hosts the iconic Daytona 500 NASCAR race. It attracts a large number of visitors each year, not only because of the race, but also because of its large and beautiful Daytona Beach, water park, boardwalk, shopping areas, festivals and much more. Daytona Beach is also just an hour north of Orlando, making it a great place to stay if you also want to visit Walt Disney World or Universal Orlando. Sidney Richardson is a professional writer for Rocket Companies in Detroit, Michigan, specializing in real estate, homeownership and personal finance content.

She has a degree in journalism with a specialization in advertising from Oakland University. A vacation home not only serves as a perfect getaway, but also a great investment, especially if you buy one in the right place. We have the data to help you identify your investment opportunities and financial goals, preferred local real estate agents who specialize in buying vacation rentals, and a team of experts available to manage your property once you have closed your vacation home and are ready to boost your business. Investing in a vacation rental property is a personal decision, but you don't have to navigate your options alone.

If you're looking for a vacation home to relax in during your free time, you probably already have a specific location or even neighborhood in mind. Travelers come to the area for recreation in both summer and winter, meaning vacation rental owners will have two busy seasons to help them meet their occupancy goals. There are many memorable experiences to live in the Peach State, such as chasing one of the 16 waterfalls along popular hiking trails, horseback riding among the rolling hills, and fishing for fresh trout to throw on the grill of your vacation home. Montauk has a beach so beautiful it won't surprise anyone that it's one of the best places to buy a vacation home in upstate New York.

To determine its ranking, Vacasa analyzed home sales data at vacation destinations in the U.S. UU. and superimposed it with real performance data from thousands of vacation rental properties. All of this makes North Conway a prime location for vacation rental owners who want to provide a home base for outdoor, family, or group travelers.

. .

Cathleen Testa
Cathleen Testa

Typical travel ninja. Hardcore food enthusiast. Evil webaholic. Avid internet expert. Unapologetic social mediaholic.