What a perfect time to be in Highlands and Cashiers! Cool summer temperatures are a magnet for visitors from sultry southern states. It’s interesting to drive through town and see the tags from different states…Florida wins by far!
Along with mountain breezes and fresh air to enjoy there is so much to do –garden tours, plays, musicals, art to be drawn, award-winning restaurants, mountains to hike, waterfalls to view, and non-profit galas to attend. And how can we forget shopping and more shopping. Massages and dips in the pool await you. Golf courses are full and clubs are buzzing with conversations and activities. There is an excitement that summer brings and many tourists envy those who live here or have second homes.
Our MLS shows that we are up 18% in sales from last year! We have seen an increase in investors looking to purchase rental property. Rentals can warrant $1000-$5000 per week, allowing a great great long- term investment! We have become a wedding destination with 300 weddings a year assuring rentals for families, groups, and wedding parties. Others gather for reunions or simply to enjoy our little paradise.
I’m often asked the criterion for a successful rental. As the old cliché goes –location, location, location is a must. And renters are as diverse as homes on the market. If you are a golfer, Old Edwards Club at Highlands Cove offers condos and lovely homes with marvelous views that can be rented short and long term. We now see an increase in renters who want a “walk to town” location so anything within walking distance is a sure bet. Town Place Condominiums and Townhomes near the ball field have proven to be very desirable and profitable. Waterfront homes rent well also.
When you are considering purchasing rental property, look at the overall maintenance and upkeep involved. If a condominium or townhome is your choice be sure and factor in the association fees and HOA dues as well. Many homeowners are using VRBO with great results and home managers can arrange cleaning and other services for you. At Pat Allen Realty Group we have the experience and knowledge of all properties and can guide you in acquiring a successful rental or investment property. If you buy it they will come!
Pat Allen is a top producer in the Highlands/Cashiers areas. Her firm, Pat Allen Realty Group, is located at 295 Dillard Road across from Highlands Decorating Center. Seven professional brokers await your visit. Phone is 828-526-8784 or visit patallenrealtygroup.com. Pat’s email is email@example.com