On the waterfront: The world’s best beachside investment spots
Beachfront properties often captivate investors with the significant health and lifestyle benefits they can offer.
Many are drawn to the stunning views while others prize the refreshing ambiance that often helps reduce stress and promote a balanced, healthy lifestyle. Some, meanwhile, find such properties attractive as these present lucrative opportunities through rentals, business ventures, or future retirement plans.
According to an article by Knight Frank and Kate Everett-Allen, in 2023, after examining data from some of the world’s top waterfront locations, properties that are near the beach are the best waterfront investment, with an average premium uplift of 76 percent, up from the 63 percent recorded in 2022. Here are some examples of the most esteemed locations for beachside properties/
Bondi Beach
Sydney, Australia
Sydney is already a prime real estate attractor as a whole, but Bondi Beach is even more famous for its pristine views and relaxing ambiance. It is, in fact, one of Sydney’s most expensive and sought-after residential areas, largely driven by its beautiful waterfront location.
According to Weiss Real Estate, throughout the mid to late 20th century, Bondi’s transformation into a cosmopolitan hub led to a sharp increase in property values. By the 1980s and 1990s, as the area became associated with celebrities and high-profile personalities, median house prices escalated considerably.
From the late 20th century to today, Bondi Beach has seen exponential growth in property values. By 2000, median house prices were around AUD $800,000. This trend continued upward, with the median house price in 2020 reaching approximately AUD $2.7 million.
Praia da Marinha
The Algarve, Portugal
The Praia da Marinha is one of the most famous beaches of the Algarve district. Recognized for its natural beauty, Praia de Marinha is framed by steep cliffs, including a famous M-shaped rock, that create a spectacular setting.
According to Knight Frank, Portugal is making waves in the European property market, with the Algarve, in particular, back on the radar for second home buyers. Realistic pricing, the availability of cheap finance, strong investment in infrastructure, and tax initiatives have led to renewed confidence for foreign buyers.
Portugal has also been noted by Forbes Global Properties as a hotspot for high-net-worth buyers. The Algarve region is referenced as showing noteworthy growth, with property values in one resort having escalated by more than 28 percent since 2020 and showing signs of another 19 percent boost by 2025.
(Alexf via Wikipedia.org)
Fisher Island
Florida, USA
Fisher Island, located off the southern tip of Miami Beach, remains one of the most prestigious and sought-after locations for real estate investment in the United States.
Its real estate market is characterized by its limited inventory and consistent appreciation of property values. The exclusivity and luxury amenities available in the island fully forms the lifestyle choice of residents here.
There is confidence from property experts that Fisher Island offers compelling reasons to invest–whether you are an out-of-state buyer, a local looking for a second home, or an investor seeking a beachfront property with substantial return potential.
Sources: Inquirer Archives, knightfrank.com, tenn.capital, weissrealestate.com.au, algarve-tourist.com, housebourseflorida.com
