If you're considering real estate investing in the Granite State's Seacoast Region, you're on the right track. Several of its towns are among the places with the highest salaries for landlords in New Hampshire, per ZipRecruiter.com. There's Dover (third-highest), where landlord salaries average $89,060, and Portsmouth (fourth-highest), with an average of $88,935.
But with so many spots and areas to choose from, which neighborhoods in the Seacoast Region should you invest in?
PMI Green Rock's Seacoast property investment experts have compiled this guide to help you get started.
Downtown Dover
Downtown Dover is one of the best Seacoast neighborhoods because it boasts:
- A vibrant marketplace
- Incredible historical architecture
- Numerous modern amenities
The area attracts young professionals and families, driving tenant demand for rental properties. The blend of shops and cultural venues enhances its appeal and offers investors superb real estate opportunities.
Dover Point
Dover Point offers scenic residential living right next to the water.
Its waterfront lifestyle has made it one of the top emerging areas in Seacoast, NH, appealing to families and retirees looking for tranquility away from urban chaos. And it's not just a "preference." As an article published by the University of Minnesota explains, research reveals that being in nature (including blue and green spaces) contributes to better physical and mental well-being.
So, it's no wonder Dover Point is a prime residential spot. Due to its desirable location, property values in this area tend to increase.
Downtown Portsmouth
Downtown Portsmouth offers attractive investment opportunities thanks to its historic charm and modern amenities. The area also has historical properties that provide unique benefits for aesthetics and tax incentives.
Moreover, Downtown Portsmouth boasts convenient proximity to:
- Restaurants
- Shops
- Cultural attractions
So, if you'd like to expand your real estate income portfolio, consider investing in vacation home rentals in this Seacoast neighborhood.
South End
The South End of Portsmouth, characterized by its residential charm and family-friendly atmosphere, presents solid investment opportunities. The beautiful neighborhood features a mix of single-family homes and condos. Its reputation for quality schools and parks also appeals to families.
- A strong community engagement that fosters neighborhood growth
- Increased demand for family housing supports property values
- Recent developments enhance its desirability without compromising its character
North End
Investing in properties in the North End of Portsmouth showcases the potential for significant returns, as the area is:
- Known for its unique architecture and proximity to parks
- Rich in a mix of residential styles
- Growing due to the revitalization efforts currently underway
- Packed with community programs aimed at promoting local businesses and improving infrastructure
PMI Green Rock: Simplifying Real Estate Investing in Seacoast, NH
As the Seacoast Region's real estate landscape evolves, investors should pay attention to emerging neighborhoods. New developments and infrastructure projects often signal future growth and potential for real estate investing.
PMI Green Rock, our full-service property management firm, can help you become a savvier, more profitable real estate investor.
Our owner and operator, Lester Fehr, is a seasoned property investor with over thirty years of experience in this business. His wife, Dominique, is also a highly successful real estate agent. Our other team members are experts in their respective fields, including asset and leasing management, customer service, and property maintenance.
Call us today for a free consultation and discover how we can help enhance your investments!
