The phrase identifies a particular sort of residential property positioned in a coastal resort vacation spot. These properties usually present waterfront views and are sometimes related to trip leases or seasonal residences. The situation specified is a well-liked vacationer space recognized for its seashores and leisure actions.
Such properties can maintain important worth because of their fascinating location and potential for producing revenue via rental alternatives. They’re influenced by tourism traits, seasonal demand, and the general well being of the native actual property market. Traditionally, coastal properties have been seen as enticing investments, though their worth may be inclined to financial fluctuations and environmental elements.
