- A vacation home can be a great investment if you buy one in the right location.
- Vacation rental management company Vacasa recently looked at the top places to buy a vacation home .
- Vacation homes in the Great Smoky Mountains and on Florida beaches are the most popular.
- Visit Business Insider's homepage for more stories.
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The 25 best places to buy a vacation home in the US, ranked
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25. Destin, Florida, is located along the state's Emerald Coast on a peninsula separating Choctawhatchee Bay from the Gulf of Mexico.
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A vacation home not only serves as a perfect getaway, but as a great investment especially if you buy one in the right place.
Property management company Vacasa recently released their 2019 report on the top places to buy a vacation home. To determine its rankings, Vacasa looked at home sales data in vacation destinations across the US and overlaid it with actual performance data for thousands of vacation rental properties.
Turns out, the mountains and the beach are battling it out for top spots. Vacation home buyers are loving both the Great Smoky Mountains and Florida beaches but they're also buying everywhere from Oregon and Hawaii to Vermont.
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Below, see the top places in the US to buy a vacation home, ranked in order of increasing average investment property returns.
See Also:
- The Rock just married longtime girlfriend Lauren Hashian. Here's how the highest-paid actor in Hollywood makes and spends his millions.
- A death in the Atlantic, a media empire that once had $4 billion in debt, and a yacht named Lady Ghislaine: Take a look at Ghislaine Maxwell's family history
- Wall Street comes to Fort Lauderdale: A Florida mansion with a fully functional stock trading floor just hit the market for $12.99 million. Take a look inside.
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SEE ALSO: What do you do when already own 5 vacation homes? Buy a custom-built superyacht.
DON'T MISS: The 25 most popular cities for vacation homes in the US, ranked
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