There could not possibly be a better time to take advantage of the available oceanfront condos in Myrtle Beach. Housing prices are still quite low, as are mortgage interest rates. Many people interested in purchasing a second home or retirement accommodations find these Myrtle Beach condos perfect for their needs. However, the real estate investor is the true benefactor of these low priced oceanfront condos.

Many real estate investors purchase these beautiful homes to use as vacation rental properties. Myrtle Beach is one of the most visited areas in South Carolina, and in the Southeast. Near perfect weather, beautiful beaches and exquisite golf courses make Myrtle Beach the “go-to” place. Investors know that when an area is a popular tourist destination that accommodations will be needed.

Oceanfront condos will generate the highest rental income because of their perfect view. While the many amenities that are offered at the condominium complexes are an additional bonus, the unobstructed view of the ocean is what draws many to these accommodations. Ocean view condos are quite different than oceanfront condos, and while still in demand, can not command the same rental pricing.

The difference between ocean view and oceanfront is simple. An oceanfront condo has no obstruction between the condo and the ocean. When you look out the balcony window you have a complete view of the beach. An ocean view condo, on the other hand, still allows you to see the beach, but possibly from an angle or at a greater distance. Because of this slight difference, many people only consider oceanfront condos when looking for vacation rentals.

There are many reasons to consider Myrtle Beach oceanfront condos. Perhaps you have retired and enjoy the warm winter weather. Perhaps you have worked hard your entire life so that you could live the beach lifestyle you have always dreamed about. Maybe you are a savvy investor who knows how to become financially successful by taking advantage of low real estate pricing in one of America’s hot spots. Whatever your background or intention, you will be pleased with Myrtle Beach and the Grand Strand area.

For information and a list of available oceanfront condos to buy, give the CondoLux Sales Department a try at 800-624-6418

A vacation hot spot for over 60 years, Myrtle Beach boasts plenty of shopping outlets as well as many fine department stores. With 14 million people annually visiting the Myrtle Beach area, it is no wonder that Myrtle Beach is the premier family vacation destination. Broadway at the Beach features 350 acres of shopping, dining, nightlife and even hotel accommodations. Stop in at Jimmy Buffet’s Margaritaville for a quick drink or lunch as you peruse shops such as Retro Active-The 70’s 80’s & 90’s Store, River Street Sweets, and M.R. Ducks. When the sun goes down, that is when Broadway at the Beach comes alive. Celebrity square mixes four clubs all under one roof. Everything from country, to electronica can be found in four adjacent rooms. For shopping necessities, Tanger Outlet Malls is just the place to find bargains. Adidas, Gap, Kenneth Cole, Land’s End all can be found at Tanger with two convenient locations in the Myrtle Beach area.

Did you know that Myrtle Beach is known as the “Golf capital of the world?” Experience some of the world’s most challenging golf courses many of whom are designed to protect the natural habitat and wildlife indigenous to the area. With courses for all experience types Myrtle Beach offers year-round weather for golf with courses and greens created by world-famous architects such as Arnold Palmer, Jack Nicklaus, Robert Trent Jones, and Greg Norman.

Family fun is the focal point of Myrtle Beach with an abundance of activities designed to keep the whole family interested during your Myrtle Beach vacation. Ripley’s Aquarium, a Children’s Museum, miniature golf, and a NASCAR raceway, are all minutes away from your vacation hotel.

Brookgreen Gardens in Murrells Inlet

Pawley’s Island is the southern most part of The Grand Strand and is known as the oldest summer resorts on the east coast. Pawley’s Island continues to be known for its shoeless, carefree, laid-back life style, which includes crabbing in the adjacent creeks, fishing, the stories of ghosts, the rope hammocks and the unspoiled, unsophisticated, casual, delightful stretch of wide beach and sand dunes. A vast array of local eateries and specialty shops are sprinkled throughout. Be sure to check out Pawley’s Island Hammocks and the Crab Cake Lady shop. When choosing your next vacation destination, don’t hesitate to look within the Myrtle Beach area.

As a new resident of North Myrtle Beach, you’ll enjoy the friendliness and hospitality of your neighbors who also live and work here.  Even with all of the many exciting venues and attractions nearby, North Myrtle Beach moves at a slower pace and will truly give your family a peaceful environment to live.

North Myrtle Beach is consistently receiving awards for growth and quality of life.  That is why we believe North Myrtle Beach is the perfect place to relocate your family.  It is a perfect location to take a long walk on the beach, soak up the sun and scenery almost every day of the year and create memories which are full of life and meaning that will last a lifetime.

The cost of living according to the ACCRA composite index for the North Myrtle Beach area is 96.7, with 100 as the national average.  There are over 20,000 dwelling units in North Myrtle Beach; and this number is expected to increase 15 percent over the next five years.

The median cost of a new home is $192,400; with the median monthly electric bill around $112.  The average rent for a two-bedroom apartment is $560.  The median age of residents is 48 years, with more than 25 percent being college graduates.  The median family income is $46,052 a year.

With the housing markets finally ascending, North Myrtle Beach condos are the perfect accommodations to help you enjoy your vacation. Imagine awakening to the sounds of the ocean, preparing breakfast just the way you like it in your fully equipped kitchen, and then enjoying it out on your balcony as you take in the beautiful view of the Atlantic. As you look out over the sandy beaches and crystal blue water of the coast, you begin planning your day – no easy task with so many great activities and attractions located nearby. Maybe you’ll play a round at one of the nearby golf courses. Perhaps you’ll take a swim and spend a lazy day by the pool.

No matter what you decide, at day’s end you’ll return to the spacious luxury of your villa where you can relax and unwind in preparation for tomorrow’s adventures.

Malibu Pointe is one of the most popular vacation rentals in North Myrtle Beach because of its amenities/value.  Because it’s an ocean view condo, the price is lower, but yet, you still get ceramic tile floors, granite countertops, master bath jacuzzi, private balconies, lazy river and all the other amenities of a first class resort.  And because of the value, it’s a hot spot for Myrtle Beach golf packages.

Malibu one-bedroom units, which sold at presale in 2007 for $299,900, are now selling for $150,000 through CondoLux. Three-bedrooms which were $550,000 are going for $295,000; four bedrooms from $689,900 to $349,900. To top it off, these units are fully furnished and ready for rentals as well.   Read the full real estate foreclosure article on PR Web or learn more about other Myrtle Beach condo foreclosures.

The Myrtle Beach area is an excellent choice for investors because of its value as an oceanfront tourist destination and Myrtle Beach golf destination. The area is constantly growing with the millions of yearly visitors converting to the residential population.  Those choosing to live in the area will find an abundance of attractions, shops, entertainment, dining, and golf destinations.

Myrtle Beach real estate thrives on a circular trend. It has a target market consisting of tourists and holidaymakers looking to own their own little spot in the action. Thus together, they make a good team and have successfully ventured into making Myrtle Beach both a prime source of tourism and a real estate investors dream.  You now find visitors that not only visit Myrtle Beach to enjoy the nature and luxuries provided by the Myrtle Beach condos, but also visit Myrtle Beach, South Carolina to invest in and own a part of the vacation premises.

So, want to own a condo? Where should you start? Well, you will need a lot more information than just this blog post. Probably the best bet would be to talk to a real estate agent specializing in oceanfront or oceanview condos in Myrtle Beach. That way you can ask questions that fit your specific needs. Tell them up front how much you are looking to spend and what you investment goals are. Have a 30 minute meeting with them and see if owning a condo is right for you.  If not, just thank them for their time, and let them know you are not interested.

Everyone is saying that “now is the time to buy.” Well, it’s true.  Foreclosures and short sales are huge right now. If you are wanting to make a leap into real estate investing, CondoLux has both the qualified agents, and a huge list of Myrtle Beach condo foreclosures waiting to be purchased. You can contact the sales department at 843-272-2073 x4 or email sales@condolux.net.