Most people are aware that Texas' coastal real estate is considered a better value than the nation's other shores including California and Florida, but a recent report by TexasGulfCoastOnline.com uncovers what makes the Bolivar peninsula the prime spot for real estate investment on the Texas Coast.
Crystal Beach Bolivar, Galveston County, TX (PRWEB) June 24, 2007 -- Most people are aware that the Texas Gulf Coast is considered a good value for coastal resort property compared to the nation's other coasts including California, Florida and the East Coast.
A recent report by TexasGulfCoastOnline.com uncovers why Crystal Beach Bolivar offers some of the best values for oceanfront property on the Texas Gulf Coast.
Here are the top reasons given in the report for Bolivar's "Best Bet" ranking:
1. Bolivar is one of the few places left in the country that has resort level oceanfront property available.
2. Modern utilities became available in the last two years making high-end resort development possible.
3. "Advanced construction techniques pioneered on Bolivar are providing stronger and more affordable homes." - says Jim Hayes, Senior Partner of Crown Team Texas.
4. Bolivar's shores are within driving distance of thriving Houston's and Dallas' large retirement populations.
5. "Bolivar's oceanfront property costs almost half that of Galveston, Corpus Christi and South Padre Island, Texas' other major resort markets, and has a greater potential for appreciation." - says Mike Stuart, CEO of TexasGulfCoastOnline.com
6. Rental demand on Bolivar exceeds supply based on figures from Swede's Real Estate, the area's leading property rental agency. "Some beach front homes purchased on Bolivar today can pay for themselves through rental income." - says Anne Willis, Owner of Swede's Real Estate.
8. Texas is one of three states dominating population growth, and will account for nearly half of total U.S. population growth (46%) in the next 25 years, based on U.S. Census data.
9. The Texas Coast has a strong, growing, and diverse economy. "The Texas economy continues to surpass the rest of the nation in employment growth rate and job creation." - says the Texas Real Estate Center.
See the full report at http://www.texasgulfcoastonline.com/News.aspx
TexasGulfCoastOnline.com is the number one site for real estate information for the Texas Gulf Coast area, with over 4 million page views a year, and compiles statistics from all the coastal area MLS's. The site is sponsored by Alice Donahue Real Estate.
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