Ali Ata Explains Why You Should Invest in Waterfront Properties

 Several of Ali Ata's clients have invested or considered investing in waterfront property. Waterfront property is any piece of property or land at the edge of the water, such as a lake, a sea, a river, and others. Since real estate is all about "location, location, location," waterfront properties have been seen as a high-value luxury commodity. But why do people feel the need to invest in such homes by the water?

 

The High Demand

The demand for waterfront property is well documented. The demand is high all year-round, and because of this increased demand with not enough properties to go around, the prices get driven up. It's this high-price, high-demand that reflects the fundamental laws of supply and demand. And Ali Ata explains that such high-value properties, which will always have buyers willing to pay for them, are a sound investment.

 

Lots of Activities

Another reason is that people typically buy their waterfront homes as more of a "second home" after they already have one in a metropolitan area. As a result, waterfront properties become their vacation homes. There are plenty of things to do by the water: swimming, surfing, kayaking, and other kinds of adventures that would be impossible in the urban landscape.

 

They Increase in Value

As mentioned, waterfront properties are always in high demand. Unlike other properties, this constant demand for them gives them favorable appreciation rates. Ali Ata explains that if an owner chose to sell the property sometime in the future, the property's value would've gotten maintained or improved.

 

Low maintenance

Again, these homes are typically "second homes" for their investors. And because they're not commonly used throughout the year, they need little cleaning or maintenance. Regular checks are enough to ensure that the property is still in order and everything is in good condition every couple of months. They also won't have the wear and use that a lived-in property would.

 

Ali Ata explains that while waterfront properties are tempting, they are still quite expensive to purchase in the first place. But if you do make the jump and make the investment, it's a piece of property that will hold its value well for you.