Gulf Shores Real Estate Sales

The Alabama Gulf Coast is a 32-mile stretch of sugar-white sand beaches with plenty of condos for sale in Orange Beach and Gulf Shores. The market after hurricane Katrina took a dip like everything else. Property ceased to sell and the number of condos for sale in Gulf Shores and Orange Beach rose causing a decrease in value. Although, in the last quarter of 2007 we saw more gulf shores condominiums sell than all of the previouse 3 quarters combined. Considering this happened in the off-season, it's a great sign of a good year to come.

The Alabama Gulf Coast is a 1st class resort vacation area that offers championship golf, deep sea fishing, boating, water sports, amusement & water parks, a zoo, fresh gulf seafood restaurants, numerous nightclubs, plenty of shopping and the many historical parks and nature preserves, make it the finest resort area on the Gulf Coast. There are over 10,000 condo units in the Gulf Shores, Orange Beach and Fort Morgan areas. A higher than usual percentage of condos for sale in Gulf Shores is fueling the buyer's market investors are currently enjoying.

Vacation Condo Development and Investing

Gulf Coast vacation condo investing has been very popular because of their appreciation in value due to the area's rapid growth and the need for vacation rentals. (The chart below expresses the growth percentage for the last decade.)

There are many Alabama Gulf Shores condominiums for sale. Several are currently under construction and go zone compatible, however, the beach has been in the background of development lately with all of the commercial projects taking place, most notably, the Wharf.

The Wharf and its ampitheatre have brought a certain diversity to the Orange Beach area that is fueling the massive project. As a "drive to" destination, the Alabama Gulf Shores / Orange Beach area saw an increase in visitors, in 2008. More and more people want to vacation in a water front condo on or near the beach, and that demand is driving Gulf Shores - Orange Beach real estate sales and condo development. For information on Gulf Shores condos for sale or Orange Beach condos for sale not listed in this site, please call or email me.

Condo Investment

The ever-increasing need for more vacation rentals is being filled by developing condos, which presents an appealing investment opportunity. Many investors have turned back to real estate investing, the Gulf Coast condo market being no exception. Condo investors receive their ROI through two streams, rental income and appreciation in value. Two recent factors have also added to the attractiveness of condos for sale in Gulf Shores, Orange Beach and Perdido Key; low interest rates and the downturn in the stock market. Gulf Shores condo sales are a great alternative to the stock market.

Many people share a common misconception that owning a condo at the beach is financially strenuous. Even though hurricane Katrina did not physically harm any Gulf Shores real estate, the aftermath slowed the real estate economy down to a standstill. Prior to the storm, owning a Gulf front condominium was expensive. The prices have since dropped approximately $300 per square foot and the rentals are as high as they have ever been.

I'm here to show you that through Gulf Shores or Orange Beach condo investing, you can make that dream a reality at virtually no out of pocket expense. There are currently several orange beach condos for sale that are still in the pre cosntruction phase. Turquoise Place, Phoenix West and Coral Reef are all in different phases of construction and offer different opportunities and amenities for interested buyers. Please look through the basic information I have provided and contact me with any questions you may have.