Gatlinburg has a small but thriving community of property owners. The 2000 census estimated that 3,300 people live year-round in Gatlinburg. Every year, there are hundreds of Gatlinburg cabins for sale and many new buildings continue to be developed.
The purchase of Gatlinburg cabins has picked up in recent years as more people view second homes as profitable investment alternatives. Indeed, most of the cabins sold in Gatlinburg each year are bought with rental income in mind. In considering where to buy a rental cabin, one benefit of Gatlinburg is its prime location ? within a day's driving distance of half the American populace.
Even when purchasing a Gatlinburg cabin, no good investment comes without a cost. Down payments tend to run between 10% and 20% of the full price of the cabin, which typically ranges from $225,000 to $500,000. Loans incurred in the purchase of a Gatlinburg therefore range anywhere from $175,000 to $425,000. Total annual expenses ? including mortgage, rental management fees, utilities, property taxes, insurance, association dues, annual tourist residency permits, and repairs and maintenance ? can run from $30,000 to $75,000 a year.
Now for the good news: rental income offsets the cost of purchasing a Gatlinburg cabin. An individual homeowner or homeowner association can hire a Gross annual rental income can easily reach $25,000 to $85,000 a year. Depending on the size of mortgage payment and rental income, positive net cash flow can reach $4,000 to $11,000 in the first year alone. This projection does not even take into account the fact that the market value of a Gatlinburg cabin may appreciate over time. Many cabin owners have experienced appreciation of 7% to 14% a year!
In addition to being a fantastic investment opportunity, there are many advantages other of purchasing a Gatlinburg cabin. A Gatlinburg cabin makes a wonderfully relaxing second-home and convenient summer getaway. Many Gatlinburg cabins for sale are embedded in communities that boast features such as swimming pools, clubhouses, and central patios. Gatlinburg is extremely hospitable to pets as well as children of young families. There are several nearby attractions within a short drive, such as Dollywood, Ober Gatlinburg, and Ripley's Aquarium of the Smokies.
There are several Gatlinburg cabin associations and realtors online who can assist you directly with the buying process.
gatlinburg cabins info provides information on Gatlinburg cabins, Gatlinburg cabin rentals, properties for sale, weddings and related topics. Gatlinburg Cabins Info is the sister site of gatlinburg cabins info.
Highland Park shuttle to O'Hare .. Lockport Chicago limo O’HareSummer vacations - what better topic could there be for... Read More
Stay a week or stay a lifetime, the Emerald Coast... Read More
Did you know there are no Smokey Mountain cabins for... Read More
Real estate in Gatlinburg is thriving. While the 2000 census... Read More
More than one million tourists visit Costa Rica each year.... Read More
Motels became prominent in the United States after the advent... Read More
Just drive out to one of these delightful wine estates... Read More
Going away on a vacation brings numerous benefits. It refreshes... Read More
Cairns Rainforest Retreat is ideally located for your unique rainforest... Read More
Traveling is a great way to escape the rat race... Read More
For most of us, the basis of a car rental... Read More
In November, 2004, my wife Terry and I visited Paris... Read More
Did you ever worry when traveling about the weather? Most... Read More
Sea Pines Plantation ? The Pearl of Hilton Head IslandHilton... Read More
Vacation Home Exchange V Renting Trade and save, or do... Read More
At the heart of Central Florida lies one of the... Read More
Valencia is the third city of Spain, by number of... Read More
Seasoned travelers often tire of the standard routine of airplane,... Read More
Lake Tahoe is a pristine recreational lake area. With high-stake... Read More
Originally founded in the early 1800s as White Oaks, Gatlinburg... Read More
Did you know that staying in a vacation cabin rental... Read More
Lodging Hotels in Davenport, FLThere are numerous choices for lodging... Read More
When I was young, family vacations with my parents consisted... Read More
The typical scenario goes something like this: your casual mention... Read More
Traveling with children will be a memorable event ? the... Read More
limo O'Hare Glen Ellyn ..Stand by the shores of Casco Bay on the coast... Read More
Bahamas house rental or a hotel? Vacation rentals are becoming... Read More
Lake Tahoe is a pristine recreational lake area. With high-stake... Read More
Orlando is calling to you and your family to come... Read More
At the heart of Central Florida lies one of the... Read More
Did you know there are no Smokey Mountain cabins for... Read More
Lake Havasu, Arizona has become a treasured destination for tourists,... Read More
Many times, when we plan a vacation, we know where... Read More
Valencia is the third city of Spain, by number of... Read More
Miraflores is the turistic district of Lima. The main hotels... Read More
The rental market and Vacation Home sale market is unsustainable.... Read More
As a resident, business owner and frequent skiier at Whistler,... Read More
More than one million tourists visit Costa Rica each year.... Read More
Wiltshire is a large English county situated in central southern... Read More
Many people believe that the first thing you should do... Read More
There are many wonderful resorts with tons of activity in... Read More
If a vacation, as defined by a dictionary is: 'leisure... Read More
The Bahamas serve as the perfect relaxation destination. With pristine... Read More
A trip to the Bahamas does not have to also... Read More
Margarita Island is one of the lesser known Caribbean islands.... Read More
Edinburgh and beyondRoadtrips around BritainIt's hard to overstate the poetry... Read More
Holiday time is around the corner and its time to... Read More
As our wedding anniversary looms near... and this one will... Read More
How to find a Town Houses that will make your... Read More
Originally founded in the early 1800s as White Oaks, Gatlinburg... Read More
Vacation Rental |