Short Term Rental Investment Properties for Sale in Virginia Beach, VA
959- - Bed
- - Bath
- - sft
250- 1 Bed
- 1 Bath
- 594 sft
403- 2 Bed
- 2 Bath
- 1400 sft
1072- 3 Bed
- 2 Bath
- 1762 sft
Why Invest in Virginia Beach, Virginia?
Short-term rentals in Virginia Beach, VA offer strong investor appeal due to high tourism demand along the oceanfront. The city's zoning permits in resort districts like RR-1 and Oceanfront support consistent bookings. Average rental yields around 8-10% with cap rates of 6-7% make it attractive for cash flow. Annual appreciation of 4-5% and renter occupancy near 75% bolster long-term returns. Proximity to beaches drives seasonal peaks, enhancing ROI for compliant properties.
Frequently Asked Questions
A Short-Term Rental Zoning Permit is mandatory, renewed annually for $500 via the Planning Department. Applications require safety inspections, proof of insurance, and zoning compliance. Properties must display a 4-square-foot identification sign.
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