Reasons to Invest in Hilton Head Real Estate

Hospitality and other tourism-related professions are common on the island. Residents can also seek out well-paying administration and legal work.

Hilton Head’s financial industry ranks among the top-paying sectors in the area, providing a higher average salary than the majority of the United States.

Education, transportation and maintenance and repair are other rapidly expanding sectors on the island that pay higher wages than the national average.

The strength of Hilton Head Island’s economy creates a lucrative environment for real estate investors.

Booming Tourism Industry

The tourism industry is the core of Hilton Head's domestic economy. With its recreational activities and spectacular views, it draws in thousands of tourists all year long.

There are many prime tourist locations on Hilton Head Island. Among them include:

• The Gullah Museum.
• The Coastal Discovery Center.
• The Harbour Town Lighthouse.
• The Shell Ring.
• Many beaches, such as the Driessen Beach Park, Folly Field Beach Park, Islanders Beach Park and Alder Lane Beach.

Hilton Head Island in Beaufort County receives over 2.6 million visitors per year, making the area popular for short-term renters. Some people prefer an Airbnb or short-term rental home over a motel, resort or restaurant during their vacation.

Population Growth

Population growth affects the job market. The overall rate of population growth for Hilton Head Island within the past decade is 8.46%, beating the national average of 6.23%. 

Population metrics are critical when considering investing in real estate property. A rising population is a good predictor of rental demand. As Hilton Head Island’s population grows, it’s likely rental property demand will continue to grow with it. 

Great Local Climate

‘Snowbirds’ from the north are another primary audience to consider for your potential rental home. Because of Hilton Head's warm climate, you'll attract short-term tenants from colder climates.

As an investor, you might want to think about targeting snowbirds with your marketing strategy. These people will visit Hilton Head on a regular basis during the colder months of the year.

Quality Local Education

Hilton Head Island is an excellent choice if you want to target families to rent your investment property. Young families enjoy living on Hilton Head Island because their children can attend a fantastic local school.

Despite its reputation as a beach and vacation community, Hilton Head Island prioritizes education. From kindergarten to college, there are many opportunities for students to pursue. Hilton Head Island also has several public and independent schools to consider. 

There are a number of highly regarded private schools on the island, including a private boarding preparatory school and several faith-based schools for students of all ages.

South Carolina Lowcountry is also home to a number of prestigious universities.

Plenty of Local Attractions

Hilton Head Island has many sights and activities that attract year-round visitors and improve the residents’ quality of life.

Hilton Head Island, located between the Intracoastal Waterway and the Atlantic Ocean, enjoys gentle breezes that create a sense of relaxation for residents.

With such beautiful scenery, it's no surprise Hilton Head Island is a popular choice for prospective buyers. 

Hilton Head Island has a wide range of attractions and scenery for residents and visitors alike, including:

• 12 miles of pristine beaches.
• More than 100 miles of designated bicycle trails.
• 24 world-class golf courses.
• Championship standards tennis facilities.
• Facilities for outdoor activities such as fishing piers, boat docking sites and public marinas.
• Parks and hiking trails. 
• Nature reserves. 
• Nature, History and Art museums.

Bottom Line: Invest in Hilton Head Island Property

Hilton Head provides a high quality of life for its residents as well as excellent opportunities for real estate investors.

With its strong local economy, booming tourism industry, population growth, quality education and local attractions, Hilton Head Island is a great area to invest in rental property. 

Do you need help managing your investment properties? Or, is this your first time investing in rental property?

Whatever the case may be, AIM Real Estate Management is here to help. Get in touch with our experienced team of property managers today at (888) 344-4246.