5 Factors When You Shop for an Oceanfront Home

by | May 26, 2017 | Real Estate

Sun, sand and sea—these are just a few of the reasons that make the thought of owning oceanfront homes for sale in Makena tempting for a lot of potential buyers out there. Read on for a few things you’ll want to factor in before you commit to a sale:

Size

Consider the size of the unit. If you plan on having the rest of the family visit during the holidays, you’ll want to have plenty of room to accommodate them all. If you’re thinking about turning it into a rental property, research on the kind of rentals popular in the area and go from there.

Access

Do you want the property to have access to the beach or do you simply want views of the coastline? Like the idea of living close to the water but not exactly on the beach? Consider these in your decision-making as well. Ask for help from a local real estate agent for better results.

Costs

The monthly mortgage rate isn’t the only thing you’ll need to worry about. Make room for insurance, maintenance and home association dues too, the Investors says. If your budget won’t be able to accommodate all those—you’ll need to shell out more for the transaction fees and other charges that come with buying property—it might be a good idea to reassess your budget and options.

Restrictions

Before you pick one out of those oceanfront homes for sale in Makena, determine if there are any restrictions on the property. If you want to turn that into a vacation home and occasionally rent it out, it would be wise to check if the community has restrictions against having the property rented out.

Amenities

If you like the idea of buying a beachfront retirement condo, look over the amenities first. Doing so might influence your decision as well so you can pick the best one.

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