Coastal Properties
Coastal properties refer to real estate located near oceans, seas, or large lakes. These properties can include homes, condos, and commercial buildings, often offering scenic views and access to beaches. Coastal areas are popular for vacation homes and tourism, attracting buyers looking for leisure and relaxation.
Investing in coastal properties can provide opportunities for rental income, especially in tourist-heavy regions. However, these properties may also face challenges such as hurricanes, flooding, and erosion, which can impact their value and insurance costs. Proper research and consideration of local regulations are essential for potential buyers.