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Why You Should Buy a Second Home in Palm Springs

Why You Should Buy a Second Home in Palm Springs Many folks in the market for a second home are seeking a quiet place to get away, relax, enjoy some time in the sun, and are looking towards beautiful California communities as potential options. While there are more than a handful of amazing places to settle down in California, there’s only one vacation spot that provides you the comfort of a small town, 360 days of warm weather, and adventurous outdoor activities. If you’re in the market to purchase a vacation home, look no further; Palm Springs is the perfect spot for your second home.

Something for Everyone

What makes Palm Springs stand out from the other vacation home options? We know it can be difficult to please every family member, and everyone in your family may not be seeking the same thing out of a vacation. The variety in Palm Springs provides something for everyone! With over 100 golf courses in the Coachella Valley, Dad can hit a different tee time each morning, making it back just in time to hit the pool with the kids. Quiet afternoons can be spent at Palm Springs’ award-winning spas, and outdoor attractions like the Palm Springs Aerial Tramway and San Jacinto Mountains can provide a full day of hiking, backpacking, and wilderness sightseeing.

Special Events

Unique to the Palm Springs area, seasonal special events give homeowners here something to look forward to! Throughout the year, Palm Springs hosts some of the most anticipated events, right in your backyard. During the spring, two of the world’s biggest music festivals come to town. The Coachella Valley Music and Arts Festival and the Stagecoach Country Music Festival are back to back to back weekends of endless fun. But it’s not all about the music! Each festival also brings art exhibits, vendors, world-famous food trucks, and nonstop fun. While it may not be something you choose to stop by at every year, it’s certainly an experience all Palm Springs residents will want to have. If architecture is something you are interested in, Palm Springs’ has a life of its own. So much so that the area celebrates Modernism Week every February. This “festival” highlights some of Palm Springs unique culture and the infamous midcentury-modern design for which the city is best known. From January to April it’s Polo season out in the desert. Every Sunday night, visitors gather at the famous Empire Polo Club to enjoy the sport, while every second Friday of each month is “Polo Under The Lights.”

Rental Possibilities

One benefit of owning a vacation home, besides enjoying it yourself, is the opportunity to rent it out others looking to visit the area. As the world relies more on rental property sites like Air BnB, HomeAway, and VRBO, homeowners can profit from the second property. Take advantage of higher rental rates by renting out your property during the most popular times of the year. The “peak season” for the desert is January to April, which will be the time you can charge the highest rates for your guests. Take advantage of Coachella Valley’s seasonal events, which may provide even more rental requests. There are additional tax benefits depending on the amount of time your property is rented throughout the year. Research your options and decide which time of the year you’d like to rent out your home, and when you’d like to enjoy it for yourself. There are a variety of benefits to owning a second home, but choosing a place in Palm Springs provides you with everything you need for the perfect vacation getaway. There’s something for everyone here and your family is sure to enjoy their stay with all that Palm Springs has to offer. Ready to take the plunge and find your vacation home? Brandi Pratt Real Estate is here to find the right place for you. Give us a call at (760) 960-0381 to get started!