Naples, Florida A Good Place For Investment

Naples, Florida is a city located on the Gulf Coast. This resort city is one of the wealthiest in the country, and in 2014 it had about 12,000 households hitting the million-dollar mark. The population of Naples is about 22,000 people, most of which are elderly and senior citizens. The average age of the population is around 65 years old making Naples a favorite destination for retirement.

With an average population age coupled with a high cost of living, this makes Naples one of the safest cities in the United States. The chance of being a victim of crime in Naples is 1 in 68, which makes Naples safer than 80% of any other city in Florida. It is also an ideal destination for families looking for a relaxing seaside vacation.

The beautiful beaches of Naples attract many tourists every year. Clean sandy beaches along with the clear waters of the Bay create picturesque views. Fishing, golfing and sailing are not just simple hobbies in Naples, they are a way of life. You will come across many people participating in these activities in Naples and if you have not had any experience with any of these activities before, you may get caught up in it.

We already mentioned that this city is known as one of the wealthiest cities in the country. This also affects the cost of living. Naples is a rather expensive city to live in and the housing market is more important than all other costs.

Naples, Florida is a buyer’s market, that is, there are more homes for sale than there are buyers on the market. Considering all these aspects, is Naples, Florida a good place to invest?

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How expensive is the housing market in Naples, Florida?

The real estate market in Naples, Florida is one of the most expensive in the country. The median property value in Naples is around $850,000, nearly four times the national average. The homeowners rate in Naples, FL is 76.7%, about 63% higher than the national average.

When it comes to renting, the average rent is around $1,500 and it varies quite a bit depending on the type of unit. About 95 percent of apartments in Naples rent for between $1,000 and $2,000. The city of Naples has been a hotbed for real estate investors, highlighting one of the better real estate investment opportunities.

Naples has a track record of being one of the best long-term cities for real estate investments in the United States. For all it offers, you shouldn’t have any second thoughts if you have enough capital to invest in this area. Contact one of our real estate agents in Naples FL to get all the information you need to expand your portfolio. The upward trend in housing prices is a good sign for the years to come.

Naples is amazing in many ways, so don’t hesitate to find out for yourself what richness this city has to offer. Be a part of this amazing community and enjoy the thrill of dreaming big in one of the finest communities on the beautiful Gulf Coast.

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Posts “Naples, Florida A Good Place For Investment” posted by on 2022-07-03 21:16:00. Thank you for reading the article at – Real Estate Agents in United States

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