Here are five reasons why you should buy luxury homes in the Black Hills.
Are you looking to buy luxury real estate or add to your luxury portfolio? Here are the top five reasons why you should think about buying property in the Black Hills of South Dakota:
1. Access to activities. People don’t want long drives to all the recreational areas. Out here we have thousands of miles of four-wheeling or snowmobile trails, fantastic lakes, fishing, skiing, hunting, and excellent hiking. Anything you can think of is here and right outside your back door.
2. The political climate. We’ve seen a lot of people migrate from the coasts to South Dakota because of our political climate.
“If you’re looking for luxury, you need to look in the Black Hills.”
3. No state income tax. It’s cheap to license all of your vehicles here, and we’re one of the top three states in which to retire. If you buy some luxury property out here, you can rent it out and maybe retire in it one day. In the meantime, you don’t have to pay any state income tax on it.
4. Strong rentability. The mindset has shifted from affordability to profitability. The Airbnb and VRBO markets are hot, especially for the luxury market. So if you’re looking to subsidize your mortgage, look at luxury property in the Black Hills.
5. The convenience. Groceries are 10 minutes away, the schools are great, there’s nearly no crime, and no traffic. The convenience of living here is unbeatable.
If you’d like to explore buying luxury real estate, we’d love to talk about it. We specialize in luxury homes, so give us a call or direct message us. We’d love to help you.