WHY INVEST IN MYRTLE BEACH AREA

The Myrtle Beach area offers investors opportunity no other resort area does. First the season is extremely long, generally from March 1 to Jan 1. The temperature is generally mild during the spring and fall months which draws people to visit the beach, the ocean temperature is in the mid 80’s in the summer and 70’s in the spring and fall. Next there are 121 golf courses in the area bringing in golfers year round but particularly in the “off” season.

The entertainment here at the beach is world famous, from Alabama Theater, House of Blues, Dolly Parton’s Dixie Stampede, Broadway shows at the Palace 2 full casino gambling boats, the new Hard Rock Theme Park, various types of parks and recreation for all. 1800 restaurants serving food of every variety and taste, world class shopping in malls, outlet centers and a large variety of stores and shops that can’t be found elsewhere. In other words there is something for everyone and that’s what keeps the crowds coming, in the summer almost 1 million people a week visit the beach and the number of “off” season visitors is increasing yearly.

Another big advantage are the conventions and special events that go on year round, there is SOS (society of stranders, a beach music festival) Italian-American Days, Irish festival, Canadian month etc., there are too many to mention that brings people in year round.

For you, the investor, Myrtle Beach area means more income than other beaches for a longer period during the year. In comparison the Va.,Md., NJ, NY and north have very short seasons and the oceanfront property is considerably more expensive. Florida has the same problem, essentially a 3 month season with very high prices and taxes. Comparing the income with these areas will quickly show you the difference.

Prices are very low compared to 3 years ago at the beach making this a real “buyers” market. The formula is real simple, if the unit pays for itself considering 100% financing then buy it, if not don’t.

I think you will find if you are considering an investment then the Myrtle Beach area is one you should look at very closely, you will find your financial goals can be met here more than most places plus you get to use your unit on the beach!