Now more than ever, it is time to buy investment property in a resort city. Virginia Beach is surrounded with the Chesapeake Bay and Atlantic Ocean offering an array of condos and homes on the beach.  Even though this area was not diminished in value as other regions of the country, it does offer unique property at this time with significant reductions in price.  If it is a second home purchase, it also presents another tax deduction for the investor.  Purchasing a condo or home now is also another great venue for entering the rental market.  The military is on the move in this 5 city area and properties are quickly rented if presented properly staged to the tenant.

2 new commerical properties have been added for sale in Virginia Beach…

One is located in right off of 264 and Birdneck, which is only 2 miles from the oceanfront.  Look at a satellite view of the area by clicking here.  It consists 1 building comprising of 7 offices and plenty of space for parking.

The other commercial property is found on First Colonial road.  It consists of 2 buildings and 3 empty parcels - totalling 3.2 acres.  The property is only one block from Sentara Virginia Beach General Hospital.  The satellite image can be seen here.

Click Commercial Property Virginia Beach for more information. 

At Rivage Real Estate, we offer a wide variety of houses for sale or for rent, including vacation rentals in Virginia Beach.  Let our experienced team help you with your next real estate decision.

There are many valid answers to this question. It depends on your financial situation and of course, your long term goals.

Some of our clients desire a home that can be rented part of the year and allow tenants the remainder of the months.

Other clients purchase a home initially for rental and plan to retire and use the home in the next five years. By the time they occupy the home, it normally has increased significantly in value the day they move in.

I will be happy to answers specifics to your situation via email.

Rivage