The Coachella Music Festivals in Indio, California look very likely to add a few more Fall events to their Festival schedule. Fall events could help our Coachella Valley expand the tourism season a few more months, and attract even more visitors to the Valley. Because I sell Condos, Homes, and Farms, which are often used as Luxury Lease properties during the Festival times, this makes even more sense to Buyers! If you are thinking about purchasing an Investment property, that could be used as a Lease property during the Festivals, give me a call at 760-285-3578.
Buyers of Income producing properties in the Coachella Valley, rely on the Music Festivals to boost their income, which in turn offsets the carrying costs of owning the property. Whether it is a Condo at PGA West, a single family residence, or a Farm property, they all have Luxury Lease potential. It is important that you LOCAL Agent gets the information regarding any HOA restrictions, time frames on leases, has a good Luxury Lease company to refer, and knows the area you may be interested in. There are some fabulous areas, and some not so good as with everything. This farm at 55075 would make a phenomenal luxury Lease, but is also a very upscale property to live in! TALLY RANCH, sitting on 4 acres in the city of La Quinta, is an exquisite option for many buyers. Investment wise, it is zoned for 12 luxury homes down the road. If you’re a luxury Car owner, or if you belong to THE THERMAL CLUB, and want to own a place off campus, but near enough to drive to, and certainly if you’re a HITS horseshow participant! Offered at $3,999,000, and SELLER FINANCING is very available!
If you’re looking for a smaller price tag, how about the 5 acre farm (tour below), located at 82480 Avenue 54 in Vista Santa Rosa? Only $1,399,000, this ranch style home is in a perfect LOCATION, for income producing. Only one neighbor, so large parties would be very doable, and it’s approx. 5 minutes from the Coachella Music Festivals grounds! If you are considering purchasing a Condo, single family residence, or a property with more land, give me a call..I’ve been a LOCAL here in the Coachella Valley for over 30 years..I KNOW the Inventory! Call Kim Kelly at 760-285-3578.