Waterview at Bay Point located in Marblehead, Ohio is emerging as a prime location for property investors looking to capitalize on the booming rental market. Nestled along the picturesque Lake Erie coastline, adjacent to Bay Point Resort offers not only stunning views but also a plethora of amenities that attract vacationers and long-term renters alike.
Location is a critical factor in real estate investment and Waterview at Bay Point boasts an enviable position. The gated-community is situated near popular tourist attractions, mouth-watering restaurants, beautiful beaches, and vibrant local communities such as Marblehead, Catawba Island, Sandusky and Port Clinton along with convenient ferry access to the Lake Erie Islands. While the area is mainly coveted by tourists during the summer months many business owners are starting to see a steady stream of year-round visitors, increasing the demand for rental properties.
Waterview at Bay Point attracts families, couples, and solo travelers looking for a relaxing getaway. The amenities in this quaint gated-community include a maintenance-free lifestyle providing lawn and landscaping maintenance, clubhouse, pool, workout facility, locker rooms with saunas and access to Bay Point Resort for an additional resort fee. Bay Point Resort offers a sandy beach, restaurant, tiki-bar, live music, playground, scheduled daily family activities and shuttle service to Cedar Point.
These features help justify higher daily rental rates while maintaining high occupancy rates. Managing your property can be done directly by homeowners through any online platform of choice such as Airbnb or VRBO or they can take advantage of the full-service property management services offered through Sotheby's. This flexibility allows the homeowner to use and enjoy their property when not being rented. This dual purpose allows you to enjoy the benefits of a holiday home while also generating income when you’re not using it.
Waterview offers turn-key investment properties ready for the 2025 season or one can choose to select the desired available location and customize interior finishes that would be advantageous for investors. Properties in prime locations often appreciate more rapidly, making them a wise long-term investment.
As more people discover Waterview at Bay Point, property values will increase. Investing in a home here could mean significant returns on your investment in the future. Additionally, trends in tourism and local developments can further enhance property values. Also worth noting, Waterview is the only place in the area that the HOA allows for short-term rentals.
Waterview has also made it easy to customize interior finishes that is advantageous for investors.
Rental property provides owners with various tax advantages. Rental income can often be taxable, but numerous deductions can apply, including property management fees, maintenance costs and mortgage interest. It is advisable to consult with a tax professional to explore the specific benefits you may qualify for, which can make your investment even more profitable.
Buying a villa at Waterview Bay Point for rental investment purposes presents a unique opportunity for savvy investors. With its prime location, strong rental demand, attractive amenities, potential for appreciation, tax benefits, and flexibility, investing in this sought after community can lead to profitable returns. As the market continues to thrive, now is the ideal time to consider adding a property in Waterview Bay Point to your investment portfolio. Call Michelle Waldron for more Information at 419-707-2197or visit waterviewatbaypoint.com