" " " Maine's Waterfront Real Estate News: May 2020

Tuesday, May 5, 2020

Waterfront Camps For Sale In Maine – Get The Best Of Nature Living!

Waterfront camps for sale in Maine offer amazing experiences that you won't ever get living in a standard home. Here’s what you can expect:

Picturesque views of nature

Purchasing a waterfront camp for sale in Maine that is next to your favorite lake or beach is not cheap, but it's definitely worth the money. Investors buy such properties not only because of the homes themselves but because of the stunning nature views surrounding them. You have thick forests and lush mountains as your backdrop. You will wake up to a misty and peaceful morning every day. Living in a waterfront home is like a dream come true. It offers you a slice of paradise. 

Adventure in nature

Waterfront camps for sale in Maine provide easy (and often free) access to outdoor activities. And it's not just limited to swimming, fishing, kayaking, boating, sailing, rafting, and other water sports. Maine is home to many world-famous National Parks waiting to be explored. It’s one of the best places to go hiking, trekking, and wildlife watching. Even though it's not summer, there are still plenty of adventures in nature that you can enjoy. You can try ice skating or ice hockey on the frozen lake, ice fishing, ride snowmobiles, or cross-country skis.

Enjoy peace and quiet 

You don't always need to do thrilling activities to appreciate nature. Sometimes, sunbathing and basking in the sun is enough.  Meditating, listening to the sound of waves, reading a book, or having coffee by the water can surely relieve your stress and relax your mind. Ocean and waterfront environments prove to have a positive effect on one’s mental health. This is why people go to the beach when they don't feel emotionally well. This is another reason why waterfront camps are the best. 

Reasons Why Investing in Lakefront Homes For Sale In Maine Is The Best!

Every real estate investor should study and understand the income-generating benefits of the property they are interested in before purchasing it. If you are thinking of buying lakefront homes for sale in Maine, here are the advantages that you must know.

1. Profitable vacation homes 

Every year, tourists flock in Maine for vacations and holidays—and the most in-demand type of accommodation that they look for is a lake home that offers relaxing and beautiful nature views. Lakefront homes for sale in Maine also make for ideal vacation spots for people who want easy access to outdoor activities such as hiking, swimming, fishing, kayaking, surfing, and other water sports. If you market your lake home to tourists, this type of investment will surely give you generous returns year after year.

2. High appreciation rate

The national average growth of lakefront homes for sale in Maine is 4%, which is much higher than the 1% to 2% appreciation rate of standard single-family homes. That's because there is a limited supply of buildable real estate surrounding lakes while the demand for lakefront properties grows continuously. If you understand the basic demand and supply principle of economics, you'll see why these types of homes appreciate higher and at steadier rates annually. This is another good reason why it’s a good idea to invest in lakefront properties.

3. Beautiful location

Real estate experts always say that the first factor to consider when purchasing a home is the location. Why? Because the more beautiful the location is, the higher the value of the property. The towns and communities in Maine may not be as modern as those in other states. Nevertheless, they attract tourists, vacationists, and home buyers. They love the picturesque mountain backdrops, the lakes, the beaches, hiking trails, the plethora of outdoor activities they can do, plus the friendly locals. Putting your home up for resale or enticing vacationers to rent your property won't be a huge problem.