Looking for a vacation home that’s as nice as it is inexpensive? You’re in luck. GOBankingRates spoke with experts who shared the most affordable, up-and-coming locations across the U.S.
that could make for smart . From lakeside retreats to mountain getaways, these spots offer a mix of affordability, growth potential and lifestyle perks. All you have to do is pack your bags! Here are seven affordable and up-and-coming spots Earning passive income doesn't need to be difficult.
If you’re after lakefront property without the hefty price tag, consider the Finger Lakes region of New York. “It is a more affordable option to the likes of Montauk and the Hamptons, and many people outside of New York know nothing about it,” said Seamus Nally, CEO of . “It is the ideal lakefront location, if a lake house is what you are looking for in a vacation rental.
” Nally pointed out that while there are certainly expensive properties in the area, there are also many more affordable options. If you wanna be in the Sunshine State, Mount Dora is a pretty attractive place to buy in 2024. “Mount Dora is turning heads with its attractive median home price of $393,000, which is a steal compared to its surrounding markets,” said , author and founder of RADD Companies.
“With 723 properties sold over the past year and a vibrant community atmosphere, Mount Dora offers a solid investment opportunity.” The city has also seen stable growth, which makes it an attractive spot for investors..