Rich, Home Buyer in Buffalo, NY

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

Asked by Rich, Buffalo, NY Mon Jan 28, 2008

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.

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8
Rich- great questions. I live in the community and certainly recommend this as a great long term investment. Yes prices are back to 2003 levels but that is about the same as our other properties along the beach. There are many pros for this type of investment such as: lower fees since it is on the mainland, golf memberships available, beach front cabana available, can be a short term or long term rental, waterway access via the Barefoot Marina, many different types of units to choose from. I do not see any cons to living here or having a condo here as it is rated one of the best communities along the East Coast. I personally have sold plenty of golf villas, townhomes, and resort villas. I have never had an upset owner contact me after the sale to tell me I had not represented them properly. So if you are looking in Barefoot and need an experienced agent let me know. I certainly can assist you further!
0 votes Thank Flag Link Fri Nov 5, 2010
Hi Rich,

I just listed a 2BR/2BA at River Crossing at Barefoot. This is a Short Sale give me a call at 843-446-0474.

Thank you,
Andy
Web Reference: http://www.mbhomes4sale.com
0 votes Thank Flag Link Thu Sep 23, 2010
Hi Rich-Barefoot is alot of "bang for your buck"!!! Prices are down, but rentals are definitely up-this has been a banner year for Myrtle Beach! EVERYONE has been packed and spirits are high!
Numbers of sales are up, with prices still at the low end. With cash in hand, "deals" are easily attained!
I would be happy to search something for you, if you are so inclined??
Just let me know-Cindy Collins
910.818.8283 The Edgewater Group
http://www.bolttothebeach.com
0 votes Thank Flag Link Tue Aug 17, 2010
If you are looking strictly for an investment property, I would not suggest Barefoot. The rental numbers are not that great. You would be lucky to gross 10K. If you are looking for a villa to use and to rent just some of the time to help with expenses, then Barefoot would be a good choice. It is close to everything and the golf courses are super. Prices are the result of the overall market. I don't see prices changing much for the year.
0 votes Thank Flag Link Wed Jul 28, 2010
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
0 votes Thank Flag Link Thu Jul 3, 2008
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.
0 votes Thank Flag Link Thu Jun 26, 2008
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 )
0 votes Thank Flag Link Fri May 30, 2008
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
0 votes Thank Flag Link Mon Jan 28, 2008
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