Vacation Property
A vacation property is a type of real estate that is primarily used for leisure and relaxation. These properties can include beach houses, mountain cabins, or condominiums located in popular tourist destinations. Owners often use these properties for personal vacations or rent them out to travelers seeking temporary accommodations.
Investing in a vacation property can provide additional income through rental opportunities. Many people choose to list their properties on platforms like Airbnb or Vrbo to attract guests. Additionally, owning a vacation property can offer a personal getaway for families and friends, creating lasting memories in a favorite location.