Posts Tagged ‘vacation home’

Paradise Found – Lido Key Condos

Wednesday, July 21st, 2010

Looking for paradise to enjoy retirement or a winter getaway? Take a look at the small barrier island of Lido Key located just off of Sarasota, Florida. West of downtown Sarasota about two miles is the relaxed yet sophisticated island of Lido Key. It offers people gorgeous beaches, the soothing waters of Gulf of Mexico and the fun dining and shopping destination of St. Armands Circle. People from all over the world visit Lido Key to get away from it all, untie their knots and enhance their quality of life.

About an hour south of Tampa on the west coast of Florida is the relaxing yet sophisticated beach town of Sarasota. People from all over the world flock to this area to enjoy the sunshine, relax near the water, play some golf, relish in the rich arts and cultural scene or just have a pleasant experience with family or friends. This is a popular winter destination for those living in the coler climates in the U.S.

Lido Key Condos

Condos are a popular option for vacation properties. They are easy to lock up and leave and forget. There are a variety of condo options on Lido Key. One can find a fabulous expensive penthouse overlooking the gorgeous waters of the Gulf of Mexico all of the way to modest yet comfortable condo unit within a short walk to St. Armands Circle and Lido Key beach. Here are 5 great Lido Key condos to consider for investment:

1) Key Tower South – owners in this 87 unit condo building rave about the fabulous views of the water and beach. They can jump in the elevator and walk out the back door to the beach. It only takes a few minutes to be enjoying the sunshine, water and fun.

2) Orchid Beach Club – This is one of the finest condo buildings on Lido Key and Sarasota. Finished in 2005 these two towers offer stunning views, luxurious condo units and an array of amenities. Considered by many to be the best beach front condo.

3) L’ Elegance – Built in 1996, the L’ Elegance condo development is one of the newer properties on Lido Key. Residents enjoy the large terraces that overlook the gorgeous Lido Key beach and clear waters of the Gulf of Mexico. Since L’ Elegance is a newer building it provides large windows for plenty of natural light and high ceilings.

4) Lido Presidential – This is one of the more affordable condo options on Lido Key. Residents have a short walk to the beach and it is also very close the the fun dining and shopping destination of St. Armands Circle.

5) Lido Surf and Sand – This 105 unit building is maintained very well and sits directly on the beach. Almost all of the units have some sort of water views. Prices generally range anywhere from the $400,000’s to the $800,000’s.

Lido Key is truly a great place to call home, vacation at or to own a vacation home. If you have never been to this island paradise come check it out.

Marc Rasmussen sells Lido Key Florida Condos

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This Might Be The Perfect Time To Buy A Vacation Home

Friday, July 16th, 2010

Making the decision to buy a vacation home requires a lot of thought and foresight. While one may come up with reasons not to purchase the home, there are many reasons which seem to make the purchase a sound investment.

Location – A wise person once said that location was the most important aspect in buying real estate. A second home should be located in a place that is conducive for retirees. You may like to vacation in Alaska for a week or two but buying a second home there and spending several months may not be the best idea. If you are getting olde,r Florida and Arizona are popular locations because of the warmth. People from all over the country buy vacation properties in these states for winter getaways.

You can buy a vacation property far away from your primary residence or perhaps buy something that is very close. If you buy something close to home you will use it more often. A vacation property nearby allows you to hop in the car and use the property on weekends and holidays. Maintaining a vacation property close by is also much easier. You may not need to hire a property management company to maintain the property.

Vacation properties can make good long term investments. Imagine owning a property for your personal enjoyment and then renting it out when you are not using it. If you purchase a home or condo in a place where people like to vacation then you can offset your ownership costs with rental income. If you buy in a place with theme parks, ski areas, in the mountains or near the beach you can usually rent out your place and generate a nice income. Many travelers would prefer to rent a home or condo versus hotel because it has a more homey feelings. It offers vacationers luxuries of a home like a kitchen, washer and dryer, linens, TV, DVD player, games etc.

Stress Free Vacations – Having a vacation home can make vacations stress free. This means owners can arrive and leave when they desire, they do not have to worry about booking reservations, and they can travel during the prime season when hotel rooms tend to be more expensive. Another advantage to owning a home is that families can store their personal belongings, such as sports or beach gear, at the house. This eliminates having to load down the vehicle with everything when the travel date arrives.

With the real estate bubble popping and interest rates near an all time low this may be the perfect time to purchase that second home. Prices and interest rates will not stay low forever.

Marc Rasmussen sells Crescent condos on Siesta Key

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