Malibu has become the happening destination for vacationers due to its terrific landscapes and tourist friendly conditions. However, in the recent times, Malibu is also growing into a hot destination for real estate investments. If you consider the extent of development taking place in Malibu and the Malibu real estate for sale, you can understand the existing demand for property here.
So, if you plan to settle down in this beautiful destination, here are five tips to help you.
Buy a home
If you want to settle down in Malibu, you have two options – either rent a home or buy one. Between the two, buying a home is a better option. There are two reasons for this. Firstly, the rental rates in Malibu are high. Secondly, the rates of properties in Malibu are on a continuous increasing, growing by 15 percent to 19 percent each year. The long-term returns on your house in Malibu are going to be considerably high. So, if you can obtain a mortgage loan on the house, it is a wiser option to buy it instead of paying thousands on rentals.
Malibu is not all ocean and sand. There are gorgeous hills and valleys covered with lush greenery. There is excellent living options inland as well. You can hire a realtor here to understand the best investment places.
Own a car
Image Source: Autoblog.com
Malibu is tailored for cars. The roads are good and the scenic beauty that you can enjoy during the drive is simply amazing. The local transport system is expensive here. Owning a car gives you the freedom to move around this beautiful city and enjoy every corner.
Explore
Whether a tourist or a resident, people in Malibu explore the city because there is so much to explore. You can find little beaches and coves in the nooks and corners of the city. You can also explore the lush green rolling hills and find spots to go for picnics during holidays. There is so much you can do in Malibu. If you like to have a thriving nightlife, this tourist heaven has lots of offer.
Facilities and amenities
Malibu has all the facilities and amenities you need in place. There are ample educational and medical facilities. You can also find speciality hospitality with excellent emergency services. The place is well equipped with grocery stores, entertainment centres, restaurants, pubs and bars.
Malibu is also known for its rehabilitation facilities. Many rich and famous people from all over America use these facilities to detoxify themselves and get back into the normal lifestyle. All you need to do is spend your first few days in Malibu getting to know the different places.
Mingle
The culture is Malibu is all about mingling with the locals and enjoying the local culture. You get to know so much about the “places to be at”, many of which are not listed on the tourist locales. What’s more, if you love gossip, there’s a lot to interest you in Malibu, thanks to the celeb movement in and out of the city.
Malibu is a great place to live in. However, if you have made the choice to live here, organise your life to have a bit of spare time so that you can truly enjoy this lovely destination.
*/This is a guest post by Maria Simpson. /*