Ocean Mist is the ideal location for real estate investors considering short-term vacation rentals (STVRs) or more long-term investments.
Casino Redevelopment
Hampton’s Beach highly anticipated $600 million redevelopment of the boardwalk’s flagship Casino Ballroom will surely raise interest in Hampton Beach as a year-round tourist destination as well as property values in the coming years. The project is expected to deliver an expanded entertainment venue, hotel, new and renovated restaurants and retail, conference space, a parking garage and more. Click here to learn more.
Location, Location, Location
The demand for waterfront homes with scenic views is always strong, but with only 18 miles of coastline in tax-free New Hampshire, it is particularly so. Ocean Mist’s beachfront location just a few minutes’ walk from a wide array of activities offers the best of both busy beach life and tranquility. Both couples and families enjoy spending their days at the beach, walking to dinner in the evening followed by a free concert then heading back to the quiet of their Ocean Mist condo.
Maximum Income Potential
Ocean Mist has been designed to offer investors maximum income potential. In compliance with Hampton Beach’s lenient short-term rental ordinances, Ocean Mist owners can rent their units for as little as a single night (no minimum nightly requirements) on a year-round basis. In the high summer season, units rent for as much as $250/night. What’s more, low condo fees include all utilities, including electricity, so owners always know what expenses to expect.
Minimal Hotel Competition
Although there are a handful of two- and three-star hotels on Hampton Beach, none deliver the newness or the location that Ocean Mist provides. Unlike in most tourist destinations, Hampton Beach STVR owners don’t compete with high-end hotels.
