Vacation rental site Vacasa recently released their annual ranking of the top waterfront destinations by cap rate. Among their findings, they found that 36% of travelers booked vacation homes for upcoming spring trips (up from 30% in 2022), and 48% of travelers surveyed are planning to visit a waterfront destination.
“Some of the most highly sought properties on Vacasa.com are waterfront vacation homes or ones with easy access to the shore. For those looking to take a step further, we’ve ranked the top waterfront destinations to buy a beach home, based on highest cap rates, or yearly rate of return on investment using both Vacasa’s proprietary and market data.”
Click here to read the full story at Vacasa.