Buying Real Estate in
Where to buy a second home in Utah?
If you are thinking of investing in real estate for a vacation home, the state of Utah presents itself as a beautiful option. Utah is a western state famous for its tourist attractions enjoyed by people for outdoor recreation.
Surrounded by Arizona, Colorado, Wyoming, Idaho, and Nevada, Utah has plenty on offer to the tourists in terms of natural beauty. It is a state with a high median household income and considered one of the best places to live across the country. Utah is blessed with amazing geographical diversity with arid deserts and sand dunes to pine forests and the Wasatch Range of Mountains. If you are fond of outdoor activities, Utah will feel like a paradise to you. There are dozens of cities and towns in Utah where you can live and enjoy outdoor recreation. Whether you are a skier who loves first tracks in deep powder or someone who loves wildlife, Utah has ample opportunities for you to indulge in your favorite outdoor activity. Here are the top three places in Utah for buying a second home.
PARK CITY & DEER VALLEY
Nestled amid mesmerizing Wasatch Mountains, Park City is a beautiful town to the east of the state capital of Salt Lake City. Bordering the luxurious slopes of Deer Valley, the world famous alpine ski resort, and Vail Park City, the largest ski resort in the country, this is the place where you can expect nonstop fun and entertainment. The 8000 residents of Park City know why it was voted the number one “Best small town to live,” with the outer suburban areas adding an additional 18000 residents who all share the same love of lifestyle.
There’s a saying widely used in the Park City
“People visit for the winters, but they live here for the summers.”
If you happen to be here during Sundance, expect an electric atmosphere with 50,000 visitors during the week. If you have a second home to rent out, you can make some incredible rental income for the week if in the right location. Park City is considered a year-round resort and can be literally dubbed as a playground for all those who love outdoor recreation. It offers terrific opportunities for hiking, skiing, mountain biking and much more. Park City is famous for its affluent lifestyle and resort living. By buying a second home or vacation property in Park City, you can not only guarantee yourself a memorable holiday but potentially earn attractive rental income numbers too. You can come here during any time of the year and take part in adventure and sporting activities to have loads of fun.
SALT LAKE CITY
Salt Lake City is the capital of Utah and a hub of all cultural and economic activities. Over recent years Salt Lake City has been dubbed the Silicon Slopes due to its rapid rise in tech-related industries. It is the most populous city in Utah. This city is famous for its various parks and cultural events taking place throughout the year. Skiing is the most popular outdoor activity for second homeowners which take advantage of their close proximity the international airport and the several ski resorts, including Park City/Deer Valley, Solitude, Alta, and Snowbird, all approximately 30 – 40 minutes away. Leave either coast in the morning and ski in the afternoon is the idea for many. During the summer season, you can indulge in biking, rock climbing, camping, and other activities. The Wasatch Mountains have many reservoirs that allow people to enjoy boating, fishing, and other water sports including access to several state and federal parks.
BUYING A SECOND HOME IN
ST. GEORGE & SOUTHERN UTAH
St. George is located in southern Utah well known and appreciated for the incredible natural high desert beauty and red rock cliffs. Over recent years it has become an appealing second home destination during the winter months for outdoor activities, various trails, and dunes including the dozen stunning golf courses in the area. St. George lies 4 hours south of Salt Lake City, and only an hour north of Las Vegas, Nevada. It has become an excellent location for the snowbirds in surrounding states including local Utahns who wish to escape the winters of the Wasatch Mountains for extended weekend getaways.