8 May 2010

Are beach houses for sale in Santa Cruz good to rent ? Search the Santa Cruz MLS to find the costs

3054_pleasure_point_001800_x_535

Beach houses in Santa Cruz come in all different sizes and costs. Depending on how much you can invest in a Santa Cruz beach house,be it for a rental you use some times, or a place you intend to live full time, will determine the amount you can get for rental income.

See an example of a Santa Cruz beach house that would be located at 3054 Pleasure Point Drive in Santa Cruz. This home is ocean front, as opposed to bluff top. Homes like this will generally run $2-3000 per week to rent, which is not too bad. They will vary in size and thus the number of people that they can sleep. As this home sleeps 6 there are limitations to what people will pay versus a hotel. If you were to rent a home or Santa Cruz beach cottage a few blocks back, you will find they are in the $200 dollar per night range.

As with anything, you need to consider if you are going to have it professionlly managed by a Santa Cruz property management firm or do it yourself. The majority of Monterey Bay property management firms also do monthly rentals and not weekly. That is a whole different specialization and you will find the fees for such, are different. There is alot more administration and management involved and as such the fees are about 3-8 times higher on the weekly management side. Now if you can self manage, that cuts the costs down.

One of the other factors to consider is do you buy a Santa Cruz home instead of and Aptos beach front home? Once again, there is a different cost factor versus and buying a Rio Del Mar ocean view condo. Generally one can find oceanview condos that you can rent weekly there above Rio Del Mar beach. Most condos, even Capitola ocean view condos do not allow for weekly renting. Those in Rio Del Mar and those Seascape Resort condos can be rented weekly or daily.

So consider an ocean front Santa Cruz home or a beach front Rio Del Mar home will depending on newness, size, time of year, sleeping accommodations run anywhere from $2000-5000 per week. If you were to get a condo, those would be more in the $1500-2000 per week, depending on the factors mentioned above.If you are thinking of making a purchase of a home in Santa Cruz, consider the factors above. You can find homes in Carmel or other areas at CaCoastalhome dot that may give you ideas on candidates.