To the Oceans: Salisbury, Md.
Salisbury, Md., is a unique market located between the Chesapeake Bay and the Atlantic Ocean and just 30 miles from the lovely beaches at Ocean City, Md., and the National Seashore at Assateaque Island.
The largest town on the Maryland "Eastern Shore," Salisbury won the prestigious "All American City" award in 2010. With close proximity to many rivers and tributaries of the Chesapeake Bay, hunting and fishing are very popular with both residents and vacationers.
According to Bill Martin, broker/owner of ERA Martin Associates, sales activity in his market is up nearly 23 percent over last year, with an average sales price around $158,000. "A regional airport in Salisbury makes getting here by plane very convenient and a two- to three-hour drive gets you to major cities including Baltimore, Washington D.C., Norfolk, and Philadelphia, making this market attractive to retirees from these densely populated areas."
NAR's 2013 Investment and Vacation Home Buyer Survey reported that 27 percent of current vacation homebuyers plan to convert their vacation home into their primary residence in the future so an investment in a summer home now may be a great move.
White with Foam: Marco Island, Fla.
Marco Island, Fla. offers a Caribbean experience right here in the Unites States. The largest of Florida's Ten Thousand Islands, Marco Island is located in southwest Florida on the Gulf Coast, just south of Naples on the edge of the Everglades National Park.
The tropical climate provides the perfect backdrop for a variety of Florida.html">outdoor activities from shelling on the pristine beaches, exploring the Everglades in a swamp buggy, hitting the links for a round of golf, or taking in the abundant wildlife from the vantage point of a kayak or canoe -- dolphins, rays, sea turtles and birds galore!
An abundance of restaurants provide a variety of cuisines from Florida-fresh seafood to an array of international options. Head to Olde Marco, the historic section of the island, for a great shopping excursion.
Housing options are varied, from beachfront condos starting around $779,000 to larger single family residence homes ranging from $358,000 inland to $810,000 waterfront. Or consider a one-bedroom riverfront condo or a houseboat for under $120,000. Vacation properties command weekly rental rates ranging from $550 for a one-bedroom condo to upwards of $3,000 a week for a five- bedroom luxury home.
"Vacationers can enjoy all of Marco Island's natural beauty and outdoor amenities at just about any price point," said Marvin Needles, broker/owner of ERA Flagship Real Estate, which has been serving this vacation buyer community since 1973.
About ERA Real Estate
ERA Real Estate is an innovative franchising leader in the residential real estate industry with 40 years of experience in developing consumer-oriented products and services. The ERA network includes approximately 31,000 brokers and sales associates and approximately 2,300 offices throughout the United States and 34 countries and territories. Each office is independently owned and operated. ERA Real Estate is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services.
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