How to Know When You’ve Found the Perfect Investment Property

view of pool and Gulf from Sandcastle condominiumWith hundreds of homes and condos available in Port Aransas, how do you figure out which one will best help you achieve your investment goals? Sure, you can narrow your search down to price range and a handful of desirable amenities, but you still need to comb through the still-long list of available properties to determine which condo has the perfect view or the potential for a high profit.

So what can you do to save yourself time while searching and not miss out on the perfect investment property?

Let’s use 800 Sandcastle Drive #119 in Port Aransas as an example, which is a condo that is now available for sale. This efficiency apartment in the Sandcastle condominium community offers 486 square feet, an updated bathroom, and access to both the building amenities and all that Port Aransas has to offer, so it has all the makings of the perfect investment. Using this Port Aransas condo for sale, let’s take a look at some of the questions that you can ask to determine whether a listing is ideal for investment or not.

What Makes This Property Special?

Potential renters want to enjoy a unique view, location, or unit must-have that will make their vacation special. As you’re looking through available listings, keep in mind that the best investment condo will have a feature that few, if any, other properties in the community offer.

view of pool from 800 Sandcastle Drive #119

800 Sandcastle Drive #119, for instance, showcases a beautiful view of the Gulf of Mexico and Sandcastle’s pool from inside the unit, allowing tenants to truly enjoy a vacation like no other. This property also has an updated kitchen with a breakfast bar, offering a gracious space to dine indoors.

Does This Listing Come with the Furniture?

The perfect investment property is ideally one that’s ready to go. So when you’re browsing through listings, look for homes and condos that have been remodeled (especially if they’re older properties), updated with fresh paint, or come fully furnished.

upgraded kitchen in Sandcastle condo for sale

Luckily, 800 Sandcastle Drive #119 not only offers an upgraded kitchen, it has been remodeled throughout. And yes, it is offered fully furnished!

Does the Community Offer Amenities?

While the beautiful beaches of Port Aransas are always popular among vacation-goers, the perfect investment property also offers additional amenities for renters to enjoy.

tennis courts at Sandcastle condominiums

Since 800 Sandcastle Drive #119 is in the Sandcastle development, tenants have the option of swimming in the pool, relaxing in the hot tub, exercising on the tennis courts or in the fitness center, and using the conference room. Plus, the community offers its own boardwalk for easy access to fun on the beach!

How Close Is the Property to Port Aransas Amenities?

People love vacationing in Port Aransas because of the laid-back coastal atmosphere, fun festivals and events, spacious state parks, and plethora of shops and restaurants in the center of town. The ideal investment property in Port Aransas should be just a few minutes from all of the fun things to do.

fishing pole and kayak on beach

Luckily, 800 Sandcastle Drive #119 is in town and close to all that Port Aransas has to offer! This condo is only a few minutes from the Port Aransas Nature Preserve, the arts center, the municipal harbor, and dozens of restaurants.

What Is the Condo’s Investment History?

Of course, the biggest question to ask is how successful the property has been as an investment. Take a look at the history for 800 Sandcastle Drive #119 and see for yourself:

  • 2014 — gross income $21,313, net $13,124
  • 2015 — thus far gross income $18,608, net $11,630
  • 2016 — gross income $20,690, net $12,621
  • 2017 — thus far gross income $13,721, net to owner $8,759

Hopefully this information has helped you determine whether a listing you’re considering is ideal for investment. If you want to learn more about investing in Port Aransas real estate, call us at 361-790-2990.

overhead view of Sandcastle condos in Port AransasWant to Invest in 800 Sandcastle Drive #119?

As previously mentioned, 800 Sandcastle Drive #119 is now for sale! If you’re interested in an investment property and are considering this Sandcastle condominium (which also offers on-site management), contact us at 361-790-2990 and we can discuss your goals.

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