Myrtle Beach Condo Values

Myrtle Beach Condos

The Myrtle Beach condo market runs from the Arcadia section of Myrtle Beach south to the Market Common District and even further toward Surfside off Bypass 17 such as The Villages at Queens Harbour. Most 2nd home condo owners are searching for either an oceanfront condo in Myrtle Beach or a golf course villa as their little piece of paradise. There are major advantages of buying a condo on the oceanfront or nearby or one within a golf course community. First of all the oceanfront condos are almost always sold furnished, they have rental history for potential investors and of course the beautiful Atlantic Ocean is right at your finger tips. The golf course villas are for the most part sold furnished, the living space is greater for the dollar, and most of the golf course communities also allow owners to lease their properties to vacationers when now in use. The Myrtle Beach condo market is booming because of the many golf courses we have and of course the coastline.

Myrtle Beach Oceanfront Condos -

Along the oceanfront in Myrtle Beach, buyers are met with the first decision whether they want the oceanfront condo resort packed with amenities or if they would like to purchase something a little more quiet in a low rise community like "A Place at the Beach". Both types of oceanfront condos have their advantages and disavantages. The low rise condos are usually more spacious per dollar spent, the commission fees for maintaining rentals is usually less and the furnishings are typically more home like. The negative of owning a low rise is of course the lack of amenities and the number the rental figures obtained from your management company are typically lower.

The oceanfront condo resorts are high rise concrete and steel constructed buildings typically with world class amenities and onsite rental departments. These type of condos typically have to be updated more frequently because they are leased so much. The advantages of owning these are that in the past they saw greater appreciation, they rent more frequent to vacationers and of course the views and amenities of the oceanfront resort are much better. The disadvantage would be that many of the condos feel like hotel rooms in size, the HOA fees are typically higher and the fees for rentals from the onsite company are higher.

Myrtle Beach Golf Course Condos -

Choosing a golf course condo for you and your family in the Myrtle Beach area can be one of the most rewarding events that you experience in your lifetime. You have worked your whole life and now is time for you to purchase that 2nd home in the area that you have vacationed religiously for years in the past. You have to consider whether leasing your golf course condo to vacationers is important to you. If it is, you may want to purchase a unit in Myrtlewood Villas as they seem to get the most action from golfers and summer vacationers. Are you looking for something furnished. Many of the condos like the oceanfront are also sold completely furnished to take advantage of the vacation rentals. Are you going to need to purchase a first floor condo or maybe one with an elevator like Magnolia Pointe. These are all great questions for you to consider and things that a BRG real estate agent will be happy to discuss with you more in person.

Latest Myrtle Beach Condos For Sale

Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2017 of the Coastal Carolinas Association of REALTORS® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.