Blog > Why Should I Invest in Asheville, NC?
Asheville, North Carolina, is a hidden gem in the Blue Ridge Mountains that attracts visitors year-round. From the thriving art scene to the scenic landscapes and outdoor activities, Asheville has something to offer every type of traveler. If you're interested in investing in short-term rental real estate, Asheville should definitely be on your radar.
One of the main tourism drivers to Asheville is the Biltmore Estate. This historic mansion, built by the Vanderbilt family, draws over a million visitors every year. Tourists can take a tour of the estate and its stunning gardens, as well as enjoy wine tastings and fine dining at the on-site restaurants. With the Biltmore Estate as a major attraction, there is a steady flow of tourists to the area throughout the year.
Another major draw to Asheville is the vibrant arts and culture scene. The city is home to dozens of art galleries and museums, as well as live music venues and theaters. The River Arts District, a revitalized industrial area, is a hub for local artists, with studios and galleries showcasing everything from pottery and sculpture to painting and photography.
Asheville is also known for its natural beauty and outdoor activities. The Blue Ridge Mountains offer endless opportunities for hiking, biking, and scenic drives. Visitors can also enjoy rafting and kayaking on the nearby rivers, or exploring the many waterfalls and swimming holes in the area.
The real estate market in Asheville has been steadily growing over the past few years, with a particular uptick in the short-term rental market. With a diverse range of properties available, from cozy cabins to luxury villas, there is something for every type of traveler.
One advantage of investing in short-term rental properties in Asheville is the relatively low cost of entry compared to other popular tourist destinations. While some areas have sky-high prices for real estate, Asheville still offers opportunities for investors at a reasonable price point.
Additionally, Asheville has a strong and supportive community of short-term rental hosts, making it easier for new investors to get started. The city also has favorable regulations for short-term rentals, with clear guidelines for hosts and a dedicated support team to answer any questions.
Overall, Asheville is a great area to consider for investing in short-term rental real estate. With a variety of tourism drivers, a growing real estate market, and supportive regulations, it's no wonder that more and more investors are looking to this charming mountain town as a lucrative investment opportunity.
Tyler Coon
828-620-2541