Why Delray Beach, FL is the Perfect Location for New Luxury Home Builds in 2020
Deciding where to move to is always a difficult decision, but when you’re looking to build your own luxury home or buy a build-in-progress the decision requires even more thought. The South Florida coast is always going to be a popular spot for those who have worked hard and are ready to live where it’s warm and sunny year-round. Choosing the exact area will make a huge difference on not only how you live and travel to and from that location, but also what kind of return on investment you could see if you decided to sell in the future.
So, why do we love living and building luxury homes in Delray Beach?
Why Choose Delray Beach?
Delray Beach is a Great Investment
According to Zillow, property values in Delray Beach have risen 2.6% in the past year, and are set to rise another 3.2% in 2020, making Delray Beach not only a safe investment but one that could offer you a 3% rate of return for every year you live in and enjoy your luxury home. The market here has been steadily – but significantly – climbing since mid-2012, so it’s been a stable and growing market for almost a decade.
Delray Beach is an Incredible Place to Live
You will never be short of things to do in Delray Beach. For the active person, Delray Beach is home to beautiful beaches, swimming and tennis clubs, and some of the best golf clubs in Florida. In West Delray Regional Park, there are plenty of exciting activities your children and grandchildren can take part in (and the big kids, of course!) such as archery, biking, freshwater fishing, and horseback riding along the trails.
In town, you’ll find top restaurants, art galleries, bistros and wine bars, local performances, and museums. Of course, being so close to the ocean you can easily dock your boat at a Marina and set sail whenever you want.
High Rental Potential
Looking to divide your time between Florida and somewhere else in the world? Delray is a premier vacation destination, voted “Most Fun Small Town in America” by USA Today, and so attracts a lot of attention from those who want to relax and enjoy themselves in one of the most beautiful places in Florida. While you’re gone, you can easily rent out your home for high-ticket short-term stays knowing you are likely to cover a month’s mortgage in a week from vacationers who will respect your home as much as you do.
Interested in learning more about building a luxury home in Delray Beach? See some of our breath-taking past projects here as well as those for sale and in construction currently.