You may have heard it before, but the Myrtle Beach real estate market is ready to burst out of it's shell once the market starts coming back up. That means the investors who invest NOW will make the big bucks if they can hold onto their purchase until the market returns.
We have highlighted Malibu Pointe before as a rental unit, but it is also a hot Myrtle Beach real estate investment. The rooms are very nice compared to many in the area. It was built in 2007 and has granite countertops, tile floors, private glass balconies, and quite a few other nice features investors are looking for for a rental property to make extra income. Also, be sure to add a lazy river, fitness room, wireless internet, and many other perks.
The only "downside" to Malibu Pointe though, is that it is a second row condo. The top floors still have an excellent view of the ocean, but there are PLENTY of guests who would rather save a few dollars on their rental and stay at Malibu Pointe than to be right on the ocean. Of course, since it's so nice inside, the don't mind.
At the moment, Malibu Point condos are in foreclosure, so they are ripe for the pickin - a perfect Myrtle Beach real estate investment. A 1 Bedroom condo starts at $170,000 (as opposed to $299,900 at presale). Three-bedrooms at $295,000 (was $550k). Four bedrooms at $359,000 (was $689,900). For more info on Malibu Pointe condo sales, visit http://www.malibupointe.com.
There are plenty more real estate investment opportunities as well to take advantage of.
Of course, for information about over 50 condos in the Grand Strand, head on over to Myrtle Beach Real Estate.com
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