When you visit Southwest Florida, does it feel like you always want to stay a little longer? Of course you do! There is so much to enjoy here, from the beaches to the sunshine to the golf courses. That is why so many people decide to purchase a second home here in the area and make their vacations both more frequent and longer. Having a second home in a vacation spot is a great idea! Consider a few reasons why:
#1 You will save money, and possibly even make money! If you take even one yearly vacation, you are already spending thousands to enjoy Southwest Florida living. Now, imagine if those thousands went to a mortgage instead. Real estate is always a great investment, and a vacation home is no different. You won’t be spending money on an extended stay in a hotel any longer, plus you’ll be able to cut restaurant and other activity expensives down as well since you’ll have a home to enjoy. Don’t forget, your vacation home will most likely rise in value just like your primary home. That means if you decide to sell it in the future, you’ll more than likely make a profit!
#2 It may be a tax deduction. Don’t brush off this idea because you think it will be too expensive. Professionals can help make having a second home affordable, and one way that is done is through tax deductions. Due to the fact that vacation homes are typically used for personal enjoyment, it is possible to deduct property taxes from your gross income, as well as mortgage interest. You should speak with a professional Real Estate Agent and Accountant to learn more about how these tax deductions work. This may just seal the deal to help you decide on building a second home in this area.
#3 It will make vacations a breeze. Have you ever noticed that planning and preparing for a vacation can be downright stressful? It’s a shame to get yourself so worked up in order to have a good time. How many days do you book the hotel for? If your flight gets in early, what will you do until the hotel allows you to check in that afternoon? What will you need to pack? Can you grocery shop and keep food in the room or do you need to dine out three meals a day? There are too many questions involved with trying to plan a vacation around a small hotel room. A second home, on the other hand, offers familiarity and convenience. You don’t need to worry about what a hotel will or won’t offer, plus you will have the freedom to decide on spur of the moment trips.
#4 You can rent it out when you aren’t in town. You and your family aren’t the only ones who like to vacation in Southwest Florida, that is for sure! Even if you plan on spending a lot of time here, up to six months a year like many “snowbirds,” that still leaves your home empty for half the year. If you go through an agency or use a website, you can allow people to rent your house by the week. Your vacation home may pay for itself and you’ll still have it available for when you want to be there!
Clearly, a vacation home here in Southwest Florida is worth looking into. You will receive all of these benefits, and more, if you go through a great Real Estate Agent and he or she helps you find a house or condo that is a perfect fit for you. Whether it is in Cape Coral, on Sanibel, or somewhere in between, The Beattie Realty team can do it for you. Call Mark Zinn at (239) 994-6187 or email him at email@example.com today to get started on making your dream of having a home here in Southwest Florida a reality!