When complete, The Villas at Bacaran Bay condos will offer Biloxi vacation condo owners all the finer aspects of luxury living on the beautiful Mississippi Gulf Coast. The Villas at Bacaran Bay will have a total of 432 one- and two-bedroom condo units. Each unit will offer magnificent views of the Gulf of Mexico and/or Biloxi's Back Bay from its private balcony. The Villas at Bacaran Bay will be 21 stories tall. The first nine floors will be parking. The upper 12 stories, starting at least 110 feet above sea level, will house the condo units.
All condo hotel units will be fully furnished. Owners will be able to choose from three designer palettes. Each finely appointed one- and two- bedroom condo will combine Spanish Mission inspired design, the highest quality materials and workmanship, and quality furnishings that reflect your sense of style and taste.
It is a simple matter of supply and demand. As more and more people migrate to US coastlines such as the Gulf Coast, the demand for retirement or vacation homes and vacation rental real estate increases. And the old song about real estate - they're not making any more of it - has never been more true than along the gulf shores. And in accordance with the laws of economics, gulf coast real estate prices continue to rise. Today the prices of prime, and even not-so-prime vacation rental properties are out of the reach of most prospective owners.
So it's not so difficult to proclaim that sooner or later this was bound to happen. Now developers are starting to lower the price of admission to your Gulf Coast Paradise by selling fractional shares in the vacation rental properties they're building. Unlike a timeshare, where owners purchase a right to use a property for an amount of time each year, ownership of a fractional share of a vacation condo unit means you own a fractional share of the property, deed and all. The property is operated by a separate management company who furnishes and manages each individual vacation rental condo.
Stories like this are fun. If someone asked you whether you would have paid $30,000 for a condo on Perdido Key 30 years ago, you'd say yes without hesitation. After all, we all know what gulf coast real estate prices have done in the last 30 years.
The really tough question is, where do prices go from here? In 30 years do you think people will look back at today's gulf coast beach front condos and wish they'd decided to invest that $500,000? You better believe they will.
What's really hard to imagine is that in another 30 years today's half-million dollar condo will be worth $8.3 million if gulf coast vacation property continues to appreciate at the rate it has over the past thirty years.
The Sundestin Beach Resort is the perfect destination for vacationing families, reunions and business meetings. This Destin beach condo is located directly on the Gulf of Mexico with easy access to golfing, fishing, sightseeing, dining, shopping and all other activities.
The Sundestin is an 18-story condo and hotel which not only caters to Destin visitors and vacationers, but is also popular with business travelers - the lucky ones whose business takes them to the Emerald Coast. Sundestin`s 24-hour front desk accommodates guests with efficient and friendly fax service, voice-mail and wake-up call services at any hour, day or night.
One of Destin's older vacation properties, the Sundestin Resort was built in 1984. The entire complex was renovated in 2000. A quick check of reviewers reveals a generally high level of satisfaction with the Sundestin Resort.
Could it be that Gulf Shores condo sales are driven by people taking Gulf Coast vacations and discovering how darned wonderful life can be on the beach, and that there was a dip plunge in visitors and vacationers the past few months? Fewer potential buyers getting a taste of paradise might lead to fewer sales.
You might think so (and I still do) but that's not the reason gulf coast real estate professionals give...
Home mortgage interest rates are at their highest mark in 19 months, and Orange Beach and Gulf Shores condo sales in are at a two-year low.
When hurricane Ivan ripped up the Alabama Gulf Coast, many feared condo sales at the beach would plummet, but the storm had just the opposite effect. Prices soared causing even more new construction up and down the coast. Six months after Hurricane Katrina, officials say the market is slower than ever, leaving many asking why.
Regency Towers offers a great family vacation getaway with plenty of nearby activities, including over 500 feet of sugary-white sand beaches and beautiful emerald green Gulf of Mexico waters. Situated In The Heart Of Panama City Beach, the Regency Towers is near all of what the Florida Gulf Coast has to offer - shopping, dining, golf, entertainment, the beach. It's all here.
After your day of family fun and excitement in and around Panama City, come home from the sun to the soothing surroundings of a privately-owned, beautifully-decorated 1, 2 or 3-bedroom, 2-bath condo. Enjoy your own private view of the Gulf of Mexico from your private balcony. Watch the sun set on the Emerald Coast with a cool drink in hand. Comfort and convenience are standard at the Regency Towers Panama City condos.