Palm Springs is a hugely popular destination for second home ownership, and there’s a good reason for that.
Many of them!
Buyers worldwide are attracted to this city thanks to its warm winter climate, vibrant culture and, of course, beautiful architecture.
But, if you’re still weighing up your options, here are several factors that make Palm Springs a top second home destination.
It’s Great for All Ages
Palm Springs is family-friendly and favorable for all ages - from older adults to kids.
Many older adults retire to Palm Springs as the year-round dry climate is good for them. Yes, it's a desert, so it can get very hot during the summer months - but everybody has air conditioning and misters. It's a dry heat!
If you're into exercising, the temperature is lovely for running in the early mornings or once the sun has gone down.
You'll also find that the city's healthcare and cost of living are pretty pocketbook-friendly. If you have kids, aside from playing in the pool, there are many fun activities available - there's even a Children's Discovery Museum.
It’s a Welcoming Community
Palm Springs is a pretty easy going place. Not everyone will know your name, but they will be helpful and ultimately make you feel comfortable whenever you visit.
The city is also very welcoming to members of the LGBTQ+ community. Palm Springs hosts the world’s largest lesbian event, Dinah Shore Weekend, every April and has achieved a perfect equality score in the Human Rights Campaign.
There’s Every Kind of Activity
Whether you want to chill out or work up a sweat, Palm Springs will have an activity for you.
The surrounding San Jacinto Mountains are truly a sight to behold - and they're also an adventure waiting right at your doorstep. The Palm Springs Aerial Tramway can take you to the top to enjoy the fresh air, stunning views...and excellent dining options!
The renowned Joshua Tree National Park is nearby if you're into hiking. If you're into a round of golf, Palm Springs has several world-class courses, such as Indian Canyons, Tahquitz Creek, and many, many more.
Palm Springs also hosts many big festivals and events throughout the year, notably the International Film Festival, Coachella Arts and Music Festival, and Modernism Week.
And, if you'd rather do nothing at all, you can just chill by the pool. The Greater Palm Springs area has over 50,000 swimming pools - the highest rate per capita in the United States!
It’s Easy to Rent Out When You’re Not in Town
When you're not residing in Palm Springs, you may consider renting out your second home. This is a great option if you're a part-time homeowner.
Palm Springs is a hugely popular tourist destination. Golfers love the amazing courses, and Coachella concert-goers flock here every summer. It's also a popular destination for weddings, pool parties and art lovers. Renting out your home when you're away has never been easier.
There are strict regulations for renting your home, especially regarding short-term rentals like Airbnb. You are only allowed to host an Airbnb 32 times per year. However, once you understand the guidelines, renting out your home is stress-free!
You can check out the rental regulations for Palm Springs here. You should consider contacting a professional to guide you through these regulations, just to be safe.
Are you interested in learning more about owning a second home or vacation home in Palm Springs? Get in touch with me, and I'll be your local guide to everything that's related to the Palm Springs real estate market.
Posted by Geoffrey Moore on
Leave A Comment