Luxury Myrtle Beach Condos Myrtle Beach in South Carolina is one of the hottest tourist destinations in the United States. With the Sun Fun Festival marking the advent of the tourist season, hordes of vacation tourists arrive to enjoy the luxurious beaches and the wide variety of pleasures offered by the city. To cater to the swelling population during the tourist season and also to the gradually increasing number of permanent residents, luxurious condos are fast coming up in Myrtle Beach side by side with luxury hotels offering all amenities for having a memorable holiday. Luxury Myrtle Beach condos are privately owned residences that are available as vacation rentals to tourists and visitors to Myrtle Beach. Although people keep visiting Myrtle Beach throughout the year, it is the months between April and October that witness the heaviest influx. The ever-increasing number of people coming to enjoy exquisitely pleasurable holidays at Myrtle Beach has given a tremendous boost to vacation tourism and to Myrtle Beach, South Carolina real estate business as well. Myrtle Beach real estate has become one of the best options in investment property. Property taxes for a Luxury Myrtle Beach Condo would amount to nearly $60 a month. Electricity would be about the same amount. Insurance would cost about $15 a month. One bedroom luxurious condos without a view of the ocean, if occupied throughout the year can fetch over $30,000 as annual rent. Annual rentals from one-bedroom ocean front condos can go up to $50,000 or above. Two bedroom luxury ocean front condos command rentals over $65,000, calculated for full year occupancy. So just the rentals can cover much more than mortgage payments on investment property purchase.
With property values for Myrtle Beach real estate soaring to dizzying heights with each passing day, there are few better investment options.Leading tour operators recognize Myrtle Beach as one of the top vacation destinations in the US. With phenomenal growth covering all resort development areas, Grand Strand property has gained immense popularity. Myrtle Beach vacation real estate has a place at the top of the list. Along with North Myrtle Beach, a distinct and separate municipality located just a few miles away, the ocean front real estate available is among the best and most affordable in the whole of the United States.
Most people confuse the northern side of Myrtle Beach as 'North Myrtle Beach' which is not correct.Myrtle Beach and North Myrtle Beach have been rated among twenty best retirement locations in the country. A luxury Myrtle Beach Condo next to a lush green golf course, of which there are more than a hundred, endless lengths of brilliant white sandy beaches, fresh cool mornings and the quiet solitude of picturesque evenings; what a way to retire! By living in a luxury Myrtle Beach condo much more is available than mere proximity to the ocean, lovely beaches and beautiful golf courses.
One of the best cardiology centers in the whole country is also within immediate reach. The diversity in entertainment opportunities adds to the charm. Watching the Carolina Opry musical variety show in the two thousand capacity theater is a treat in itself. The Dixie Stampede dinner show with the Appaloosa horses and ostrich races offers unparalleled entertainment.