Seems like some people are capitalizing on being able to charge a ridiculous amount while others seem more reasonable
The rentals at http://www.americascupaccommodations.com are only $180-$450/night...still no chump change but pretty decent compared to others.
I'd check Craigslist too...there are probably people looking to rent out as America's Cup gets closer. I'll be crashing on my friend's couch for the price of cooking dinner :P
Last year my clients near the water were approached my a network television group to buy the property they owned near the race's finish line. Our hotels, and all rentals (even pricey ones on craigslist) will sell out.
It is a fantastic opportunity to anyone near the water to create revenue, but my guess is that there will only be a few who actually buy property for the races. I feel that those who may have, probably already have purchased.
I will be really interested to see how others will answer this question.
Oggi Kashi - 415.690.3792 direct
Broker Associate, Paragon Real Estate Group CA DRE 01844627
All data from sources deemed reliable but subject to errors and omissions, and not warranted.
I doubt that even the Super Bowl makes a dent in Real Estate values.
Real Estate is a long term investment.
And it can take months to complete a transaction, not counting a long fence-sitting before.
Good luck and may God bless