The phrase identifies a specific type of residential property located in a coastal resort destination. These properties typically provide waterfront views and are often associated with vacation rentals or seasonal residences. The location specified is a popular tourist area known for its beaches and recreational activities.
Such properties can hold significant value due to their desirable location and potential for generating income through rental opportunities. They are influenced by tourism trends, seasonal demand, and the overall health of the local real estate market. Historically, coastal properties have been seen as attractive investments, although their value can be susceptible to economic fluctuations and environmental factors.
