Finance and legal

Investment

How will the value of a vacation property appreciate over time?

When you buy real estate, the first priority should be that the property fulfills your needs for a home or vacation home. In other words, the enjoyment of the property itself. However, the investment perspective is also important, not at least when it comes to vacation properties. Even though a 21-5 ownership share was not made to be an investment vehicle, it’s nice to know that you can sell your share down the road, most likely, without a loss.

It is always possible to sell your ownership share. You decide your sales price, but we are more than happy to assist with a market appraisal based on a supply and demand assessment and we can also help with finding a buyer. In short, a turn-key sales service offered by 21-5 is available should you wish to sell your ownership share down the road.

Our owners have not been keen to sell, but in 2016 we saw the first few re-sales take place. They all sold quickly and with a very solid annual appreciation. A reflection of well-kept and attractive vacation properties in desirable locations, well-managed owner associations and a general positive market development.

Read more about the short-term and long-term investment perspective in the following sections. 

 

View of Hudson River in New York City from the roof deck of af 21-5 condo

 

Contact 21-5 and we will help you fulfill your vacation home dreams.

 

email to info@21-5.com or call 604 446 1188