Home buyers in search of the perfect location to buy a second home must consider many factors before making their investment. Whether they’re prioritizing locations with favorable tax laws or properties that will be more lucrative as vacation rentals, the process of finding a second home can often be challenging and time-consuming.
As such, buyers are increasingly looking to branded residences in some of the top secondary markets for investing in high-end real estate. Combining the amenities and services one would expect from a five-star hotel with the prestige associated with some of the top hospitality brands in the world, branded residences often retain their value at a higher level than unbranded residences, making them ideal investments.
Boca Raton, Florida, Residence: The Residences at Mandarin Oriental
Boca Raton As one of the most tax-friendly locations in the U.S., Florida has long been seen as one of the best domestic locations to buy a second home. Residents do not have to pay state income tax and they also enjoy warm weather throughout the year as well as some of the top golf courses in the world. As part of Via Mizner, the world-class urban resort, the Residences at Mandarin Oriental, Boca Raton are scheduled to be completed in the second quarter of 2022 with a collection of 85 Residences. Among its many amenities, the property features membership privileges at Via Mizner Golf & City Club, featuring an 18-hole Jack Nicklaus-designed Golf Course.