Savvy investors often diversify their portfolios by investing in the vacation rental market. And many of those investors purchase rental property in the Great Smoky Mountains of Western, North Carolina.
In addition to the Great Smoky Mountains National Park being the most visited park in the world, the immediate area is full of recreational opportunities. More vacationers seek out their dream of that semi-secluded mountain getaway located in a beautiful natural setting far from the crowded cities, but still close to a rich array of outdoor activities. Cherokee, Graham, Haywood, Jackson, Macon, Swain and Transylvania counties are just those places.
It’s a simple formula: You own, and use as needed, a beautiful vacation chalet with unsurpassed long range mountain views, or a quiet creek-side cabin, while someone else helps pays your mortgage.
Maggi Hutchison, Broker-In-Charge and Director of Marketing, from Great Smokys Cabin Rentals states; “Rental property is perfect for the second home owner because someone else pays for their investment. Over the years we have seen more visitors buying rental properties, and their individual income increasing due to repeat visitors and from their referrals. And, owners have peace of mind knowing their property is being taken care of and with this care, their property values appreciate.”
Cindi Duncan, real estate investor states; “My husband and I fell in love with Bryson City and the surrounding areas. Seeing the investment potential, I began building log homes and chalets to use as rental properties. This area is a destination that has everything visitors look for, which has made it a successful investment decision. Bryson City is a breath of fresh air, compared to the sluggish real estate market that we see elsewhere. Having built several investment homes, from Hawaii to the Caribbean, I feel that the Bryson City area continues to be a great choice for investments and enjoyment.
If your future second home property is mostly for investment purposes, call us today for detailed information on your rental potential, as well as property management options for peace-of-mind as an absentee owner.