Sunday, April 26, 2009

Gulf Shores Real Estate - An Affordable Permanent Get-Away

The coastal resort city of Gulf Shores, Alabama, has waterfront real estate dedicated to vacation homes and condominiums, a reflection of its economy based on tourism. Maybe it's something about the bright "sugar white" quartz sand on the beaches (so powdery soft to the touch) that brings large influxes of shivering "Snowbirds" every winter from the northern U.S. and Canada.

Always affordable, Gulf Shores real estate has become even more so with the better interest rates and reduced condo purchase prices of late. Because of the competitive number of property management companies available, managing a rental property purchased as an investment is certainly an option that many have chosen.

Gulf Shores real estate is comprised of older and well-established condominiums, as well as new developments, which were erected after Hurricane Ivan in 2004. Although prone to hurricanes, the area has a very mild climate year-round; however, all new construction is built to the specifications of a higher standard code so that hurricanes and tropical storms don't cause as much damage. You can certainly find renovated older homes alongside luxury buildings and family-friendly neighborhoods, all within an hour of airports both in Mobile, Alabama and Pensacola, Florida. From gated golfing communities to beach houses backing on Intracoastal Waterway canals (where you can dock your boat), the properties available in Gulf Shores fit every lifestyle.

In fact, the 5,000-strong city even holds a "family-friendly" Mardi-Gras every year, and you may have heard about their annual National Shrimp Festival which attracts hundreds of thousands of visitors.

RE/MAX of Alabama (http://www.remax-alabama.com/gulf-shores-real-estate.aspx) is a real estate brokerage that specializes in Gulf Shores real estate. Billings Farnsworth is a freelance writer.

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