The phrase identifies a selected sort of residential property situated in a coastal resort vacation spot. These properties usually present waterfront views and are sometimes related to trip leases or seasonal residences. The situation specified is a well-liked vacationer space identified for its seashores and leisure actions.
Such properties can maintain vital worth on account of their fascinating location and potential for producing revenue by rental alternatives. They’re influenced by tourism tendencies, seasonal demand, and the general well being of the native actual property market. Traditionally, coastal properties have been seen as engaging investments, though their worth will be vulnerable to financial fluctuations and environmental elements.
