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Updated about 1 year ago on . Most recent reply

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Tom Tao
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Which one to choose: Coastal vs More Inland with Better Privacy?

Tom Tao
Posted

Hello BP friends,

Recently I have been evaluating two short-term rental property options, and am struggling to decide which one is better. Both of them have 6B/6B and could host ~20 people.


Option 1:

* Less than 10 mile to beach

* 2 acre total which is buildable

* More mild temperature, 15C - 25C year around


Option 2:

* Inline, 25 mile to beach, hilltop mountain view

* 10 acre total, with 4-5 acre buildable

* Hotter, during summer it gets to 35C


House condition of the two is similar. I am a bit struggled on which one is a better option. A couple of thoughts questions:

(1) Is closer to beach a major draw for groups like 15 - 20 people? or given the group size, it doesn't matter much as they will likely stay at the property anyway

(2) I heard from people mentioning that higher temperature like 35C will be more appealing given it is better for the pool usage. Is that the case?

(3) How big of a difference for privacy for property of 2 acre size vs 10 acre?

Thanks!

Most Popular Reply

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498
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Trent Reeve
  • Rental Property Investor
  • Atlanta
407
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498
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Trent Reeve
  • Rental Property Investor
  • Atlanta
Replied
Quote from @Tom Tao:

Thanks for the answers.

feel to me that most people feel the distance to the beach is important. I understand why it is crucial for smaller 3B/2B properties, but I wonder how important it is for properties that are above 5000SF with 6B/6B?

One argument could be made that the house itself is the attraction rather than the beach, and if the targeted travelers are the ones who will spend most of the time in the house and maybe go to beach once over the stay, 10 mile vs 25 mile doesn't change the story. Moreover, option 2 will offer more privacy given the distance to the neighbor, etc.

 well, my property is across the street from Panama city beach. And there are plenty of houses on the beach and across the street. The houses on the beach rent first, the further you go away from the beach the less rented they become unless they are just rock bottom low. but i agree with @Andrew Steffens that 25 miles from  the beach, i would not consider a beach property. and 10 miles from the beach, unless its some place that doesnt have many beach houses would still not be even the 3rd-4th choice by renters.

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