Coastal Property
Coastal property refers to real estate located near or along the coastline, typically within a few miles of the ocean or sea. These properties can include residential homes, vacation rentals, and commercial buildings. Coastal areas are often sought after for their scenic views, recreational opportunities, and access to beaches.
Investing in coastal property can offer unique benefits, such as potential rental income from tourism and a desirable lifestyle. However, it also comes with challenges, including vulnerability to natural disasters like hurricanes and rising sea levels. Proper research and planning are essential for anyone considering purchasing coastal property.