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Real estate in Tybee Island
The coastal area of Georgia, U.S.A has a unique allure that draws in a multitude of domestic and foreign property buyers and investors. In particular, Tybee Island stands out, a gem for those seeking to buy a dream home or vacation rental in a stunning, sea-side location. This charming island, located near Savannah, is famed for its lush vegetation, expansive sandy beaches, and a tight-knit community of colorful beach houses that encapsulates a laid-back, beach-living lifestyle. Before you reach out to a local real estate broker, it's essential to familiarize yourself with the market dynamics of the area, understand what types of properties are available for purchase on Tybee Island, and gauge the average pricing for acquiring a residential property in such a unique and sought-after locale. The diversity of real estate on Tybee Island ranges from traditional, beachfront cottages to modern, luxury condos providing breathtaking ocean views. Adding to its appeal, this coastal gem also offers a host of recreational activities that make it an ideal spot for a vacation or retirement home.
Tybee Island properties: Market trends overview
The Tybee Island real estate market has seen a consistent surge in property value, drawing the attention of overseas buyers and investors, predominantly those hailing from Canada, the UK, Mexico, and China. Tybee Island's pristine beachfront location offers an ideal balance of a peaceful residential life with the excitement of a resort-like vacation, thanks to its countless entertainment facilities, golf courses, and easy access to the lively city of Savannah. Tybee Island demonstrates a lively beachfront environment, abundant cultural history, and superior living standards. Over the recent years, the local authorities of Tybee Island have invested heavily in the town's development, enabling a broad variety of property options for domestic and foreign home buyers, encompassing sleek and practical townhouses, luxurious beachfront condos, modern villas, traditional cottages, and top-tier penthouses. Finding property and condos for sale in Tybee Island, Georgia, that cater to any budget and lifestyle specifications is straightforward, ensuring that the charming island remains highly appealing to foreign buyers.
Average price of a property for sale in Tybee Island
What might you be expected to shell out on a Tybee Island property? This isn't a straightforward calculation due to various factors affecting the price, including property type, how close it is to the historic lighthouse and beaches, amenities, and personal requirements (extraordinarily plush features, square footage, ease of access, etc.). Latest numbers show that the topmost asking price for a property for sale on Tybee Island was $3,123 per square foot. The most costly property is located in the North Beach area. On the other hand, the South End-Back River region offers properties with the most affordable prices, with an average price per square foot of $2,300. The current average listing price for a home on Tybee Island floats around $670,450.
Types of properties can you find in Tybee Island
Tybee Island, Georgia, offers a variety of real estate options, including chic beachfront condos, upscale penthouses, luxury oceanfront houses, and classic Southern cottages. The most sought-after properties for sale are often found in secured residential communities. It's not uncommon to find 3-4 bedroom condos with expansive balconies, or two-story homes, each level boasting its own entrance, generous balcony spaces and fully-equipped kitchen. A new oceanfront house situated in an exclusive area on Tybee Island, offering breathtaking sea views, easy beach access, and providing the perfect living space is also a popular choice. Whether you are seeking a modern villa or traditional Southern charm, the Tybee Island, Georgia, real estate market caters to a wide range of preferences and lifestyles.