Posted in Travel News
May 17, 2018
The U.S. City That’s Perfect For Buying Your Next Vacation Home
With not much else to do but stay inside and dream of summer days, all winter long many of us have been surfing the web to try and find our next vacation home. Most people already have a destination in mind when they begin looking for their second home, but before you make up your mind you’ll want to take a peek at things like the most recent report from rental marketplace Rented.com.
Rented.com’s report for 2018 showed that Panama City Beach, Florida was where buyers should think about grabbing their next home. The site accounted for two major factors to find the best place to buy a vacation home - costs of homeownership and the rates of short-term rentals in the area. With the costs of homeownership, Rented.com looked at things like property taxes, maintenance, home insurance, and price point. While for short-term rental potential, they focused on estimates for rentals in the area.
According to Rented.com, Panama City Beach’s high return on investment for rental properties led it to have an overall score of 98.9 out of 100. To give you an idea of just how amazing that score is, the second best city (Chicago) received a score of 95.3 and the worst city out of the 150 places on Rented.com’s list was Aspen, Colorado with a score of just 9.9.
Best Places To Buy A Vacation Property In 2018:
1. Panama City Beach, Florida
2. Chicago, Illinois
3. Napa, California
4. Tulsa, Oklahoma
5. Memphis, Tennessee
6. Nashville, Tennessee
7. Killington, Vermont
8. Seattle, Washington
9. Navarre, Florida
10. Atlanta, Georgia
According to Rented.com, Panama City Beach’s high return on investment for rental properties led it to have an overall score of 98.9 out of 100. To give you an idea of just how amazing that score is, the second best city (Chicago) received a score of 95.3 and the worst city out of the 150 places on Rented.com’s list was Aspen, Colorado with a score of just 9.9.
Best Places To Buy A Vacation Property In 2018:
1. Panama City Beach, Florida
2. Chicago, Illinois
3. Napa, California
4. Tulsa, Oklahoma
5. Memphis, Tennessee
6. Nashville, Tennessee
7. Killington, Vermont
8. Seattle, Washington
9. Navarre, Florida
10. Atlanta, Georgia
Are you surprised to see Panama City Beach make the top of this list? To read about more ways to stay busy in the sun, check out how This Company Will Pay You $10,000 To Take A Month-Long Vacation This Summer!
