Are you looking for a place to invest your money that will give you high returns? If so, then you should consider investing in Topsail Island properties. This barrier island is located only 15 minutes away from the city of Wilmington and has fantastic views of beaches, marshland, and islands.
Located in North Carolina, Topsail Island has become a hot spot for vacationers and real estate investors. The best part about investing in Topsail Island is that the value continues to increase every year. So if you’re thinking of starting a new investment plan with a steady ROI, this is the place to find it.
Today, there is an increasing demand for properties in coastal areas. In fact, in the last few years, the number of people buying homes near coasts has increased substantially. Given the high cost of living in major cities, many people are investing their money in properties located along beaches.
Why Choose Topsail Island Real Estate?
The location of this island is also one of the top reasons why you should focus on investing in Topsail Island real estate. Because it is off-shore and located at the southern end of the state, it makes a great vacation spot or year-round residence. Plus, it also has a growing population that is expected to increase in the next few years.
This growth will attract more people to the area, which means more vacationers will be visiting the island. The island’s economy is also expected to grow at a steady rate over time, which will lead to more opportunities for jobs.
Discover Why You Should Make Topsail Island Home Investments
If you want to invest in Topsail Island properties, take a close look at homes that have stunning land or ocean views. This will allow you to maximize your ROI since the value of the property will increase over time. A good view of the ocean or lush green terrain will boost the value of your property – by up to 40%. So if you plan on selling your property in the future, you will be able to make a sizable profit.
More About the Real Estate Market
You will also be happy to know that there are plenty of properties on the market. The island currently has over 200 properties, including oceanfront condos and luxury homes.
The average price of a condominium on Topsail Island, for instance, is about $3,000 per square foot. However, the price of a property will vary depending on its size and age.
The Ultimate Advantages
There are many benefits to investing in Topsail Island homes, including steady returns on your investment and low maintenance costs. Again, the value of this type of real estate will not drop, which means that your ROI will remain steady.
Plus, with low maintenance costs, you can rest assured that your investment will continue to grow. Another reason why you should invest in Topsail Island real estate is that it is affordable. You can find properties in this area for as low as $300,000.
Final Thoughts about Topsail
Topsail Island real estate offers a great way to diversify your investment portfolio. This will help you protect your money from any sudden market changes and keep you on track when it comes to retirement or vacation planning.