Venice Second Home
If you’re in search of a second home, Venice oceanfront properties are worthy of your consideration. With several home ownership options there is sure to be one that will meet your needs and budget. Consider single-family homes, townhomes, and traditional condominiums.
You’ll want to be aware of popular ownership forms for vacation homes such as fractional ownership, vacation clubs, time shares and condo hotels – not all have the same opportunities to build equity. When investing in a Venice second home, you’ll want to consider your long-term financial future as well as the vacationing you’ll enjoy in the near future.
Resale values on certain types of cooperative ownerships may not hold up over time. You may get stuck trying to sell them in the future. Fractional ownership properties usually enjoy higher resale values than time shares. Very few timeshares are actually deeded ownerships. Financing a single family home is usually easiest. Financing a multi-family dwelling, townhome, or condo may be more difficult. Though not always required, a 20% down payment on a Venice second home is very helpful.
Venice Second Home for Sale
Whether you are looking for a home to spend your retirement days or an investment property to diversify your portfolio, make sure you do your homework. Working with a Realtor® who specializes in Venice luxury homes, waterfront properties, and second homes will ensure the most satisfaction in the short and long term. Sean Harrison and Associates will be sure that they ask the right questions to safeguard your finances when purchasing your Venice second home.
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