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Friday, January 1, 2010

Vacation Homes For Sale Chilmark; Excellent Return On Investment

Chilmark is situated in the quieter up-island end of Marthas Vineyard island, seven miles off the coast of Massachusetts. The market for vacation homes for sale Chilmark is fairly buoyant but its not really a budget location. On the positive side vacation homes for sale Chilmark provide you with a fantastic escape bubble in an internationally popular destination. The rental potential is a powerful reason for considering vacation homes for sale Chilmark.

At the so called �budget� end of the spectrum, $700k will buy you a recently renovated two bedroom cottage. Vacation homes for sale Chilmark of this size can potentially sleep 6 (using a bed settee in the living area) and can demand $1000 per week off season and as much as $2500 per week in high season depending on its proximity to views, roads, attractions and amenities.

Mid-market, one million dollars will bag you a 4 bedroom, 2 bathroom house in a secluded location capable of sleeping 10 people. The low season rental for this size of property would be around $2500 and high season up to $5000 making vacation homes for sale Chilmark real money-spinners.

The top of the market is represented by ten million dollar properties like the private peninsula with its own 3 mile stretch of coastline and a converted Dutch barn set in a few hundred acres of conservation land. With 4 bedrooms, vacation homes for sale Chilmark like this can demand rental of over $6000 per week in high season purely for the privacy and peace.

This end of the island has less in the way of immediate attractions than down island although the beaches of Lucy Vincent and Menemsha where the best sunsets on the island can be seen are within easy reach of vacation homes for sale Chilmark.

Marthas Vineyard has a much slower pace of life than the mainland although, in the summer, the narrow roads can become quite congested with tourist traffic. Vacation homes for sale Chilmark benefit from being at the quieter end of the island

Many vacation homes for sale Chilmark are constructed using traditional materials and there is often a quaint reference to the 19th century gingerbread cottages at Oak Bluffs. As a private holiday home, the purchase of vacation homes for sale Chilmark may seem extravagant but if you can afford it, there is little to match the ambience of Marthas Vineyard Island. As a business investment vacation homes for sale Chilmark could provide a very healthy return.

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