Investing In Ocean-Front Views? 3 Tips For Buying Property With Water Safety In Mind
In 2016, areas in Puerto Vallarta and Riviera Nayarit accounted for 19% of the real estate market. However, according to MLS Vallarta, the growth rate has increased every year, up to 28% in 2020. If you have been planning to invest in beachfront property, Riviera Nayarit should be a top consideration. Whether you’re looking for a long-term rental in Lo De Marcos or owning a permanent home in Sayulita, you’ll be guaranteed spectacular ocean views and sunny weather all year round. You’ll also experience convenience, security, and a welcoming approach from the locals. While finding a beachfront home shouldn’t be difficult, identifying one that suits your needs takes some research and house hunting. Below are tips for buying a beachfront property with water safety in mind.
Consider Proximity To The Ocean
For many potential homeowners, living close to the sea is a dream come true. Ideally, homes built near the ocean reflect a lavish lifestyle. Moreover, they offer serenity, breathtaking views, and a high return on investment. They also allow you to engage in various water sports, like surfing and boating, without spending a lot of money traveling. However, living near water comes with some disadvantages like regular maintenance and high property costs. You also have to worry about typhoons and hurricanes, which increase the flooding and drowning risks and property damage. For these reasons, evaluate the pros and cons of waterfront homes before renting or buying one.
Inspect Outdoor Recreational Space
There is a likelihood, one of the reasons you’re buying a beachfront house is to enjoy a relaxing staycation in the great outdoors. Therefore, find out if your desired property has a stunning pool where you can take a refreshing dip anytime. It should also have a patio or deck for lounging while you take in the beautiful view of the ocean and surrounding nature. With this in mind, be sure to survey the pool area to determine if it suits your needs and your family’s expectations. Most importantly, the pool should have four-sided fencing and sensor alarms for enhancing safety against accidental drowning.
Think About Flood Risks
Homes located in coastal areas are prone to hurricanes and typhoons, which cause a lot of flooding. Keep in mind, damages caused by floodwaters lead to severe and expensive electrical damage, rot, and mold repairs. That is why it’s crucial to factor in flood risks when investing in beachfront property. Start by researching if the home is built with quality water-resistant materials and whether or not it’s located in a flood risk zone. While it’s possible to raise a property situated in an area that experiences floods often, it’s always best to walk away.
Finding an ideal oceanfront home with water safety in mind shouldn’t be hard. All it takes is a bit of research in the area you wish to purchase your beach house. Consider the home’s proximity to the water and flood risks. Also, consider how safe the property’s swimming pool area is to ensure you enjoy unlimited fun in your outdoor recreational space.