I am looking to purchase an investment 2 bd golf villa in Barefoot. Does anyone have pros or cons for that?

Rich
Home Buyer
Buffalo, NY

development. Are the rentals good? The prices seem down since last year, is this the trend for the coming year or just the result of the recent overall market.

Answers (4)
Greg
Home Seller
New York, NY

rich, im a seller in distress. im looking to unload my condo 3b 3b across from ocean at tilghman beach and golf resort. they have an amazing rental program setup already for you there. im a new yorker myself who got in way over his head during the boom. i have three properties now and cannot carry all mortgages and am selling this unit for way way below market value...take a look for yourself...all units for sale are $380k and up...i just want my mortgage paid off upon sale...so without broker i can sell it for 30-40k less. i just want out. let me know if interested. 646 221 8765 greg

Thu Jul 3 2008, 08:31
Jan Chilton
Other/Just Looking
Little River, SC

As a non-Realtor, I just wanted to say that of all the developments in North Myrtle Beach, if I had my choice of a place to live, Barefoot Resort would be my number one. There are three towers, and the one in the middle looks to be the best. The pool is behind the last one, so for rentals, that might be better. I don't think the summer rental traffic has taken off quite as much at Barefoot as the oceanfront resorts have, but I do think that will change. They've built a "courtyard" of sorts that looks out over the boats and the waterway, and has music piped in, roaring outdoor fireplaces in the winter, benches, fountains and all kinds of beautiful things to do. The pool itself is a MARVEL...huge, and fabulous. You can sit outside at Greg Norman's at Barefoot Landing and see it all, and likewise, as you sit in the courtyard, you look across at the waterfront parts of Barefoot. I would give anything to own a place at Barefoot.

As an investment, it may take a few years for non-oceanfront properties to catch on, but in Miami and Boca Raton, Waterway condos and homes are twice as expensive as beachfront condos.

Thu Jun 26 2008, 13:13
Maureen Obrien
Home Seller
29582

After moving from Syracuse to a condo in Barefoot Resort, it was necessary to move in with my mother so my place has been idle for four years. I will be selling, but would be glad to send you info on my place if you'd like to see pictures. I have a transferable golf membership; my condo comes furnished w/garage. Maureen ( mobrien322@yahoo.com )

Fri May 30 2008, 13:32
Nancy Siau
Agent
Pawleys Island, SC
FIRST ANSWER

Rich, I did a litle research and there have been 6 sold and 1 pending since 01/07 on the 2/bed/2bath condos in Barefoot, and there are three 2/2 on the market now. I used our MLS for my research. One of the ones on the market has a renter until the end of the month.

Our market, unlike many has remained steady. We have been fortunate and seen an average price increase in some areas, however we have also also seen the prices go down in others. I would not hesitate to investigate this further.
If I can assist you I would be happy to help, you can contact me through my website.

Web Reference: http://nancysiau.com
Mon Jan 28 2008, 10:49

Didn’t find what you were looking for? Ask a question!

Search Advice

Ask a question

Got a real estate question? Get answers from locals, experts and real estate pros.
Ask
Email me when…

Learn more

View all » 1 - 3 of 54
Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
Help us improve our service—send us feedback