Investing in Oceanfront Rental Property Now Maintenance Free

07/17/2008

Investing in Oceanfront Rental Property Now Maintenance Free
Grande Villas, Emerald Isle Realty partnership eases owner stress

INDIAN BEACH, N.C. (July 17, 2008) –  Grande Villas at Indian Beach and Emerald Isle Realty announce today a partnership that will simplify owning a second home for rental purposes. This partnership will include an exclusive on-site property manager and first-class services designed to enhance the experience of both investor and renter.

The joint venture is just one of the many ways Grande Villa’s developers are working to make the rental process easier for owners who are interested in supplemental income. Marketing to renters, maintenance and housekeeping are just a few of the services standard to Emerald Isle Realty’s property management services. 

“The partnership between Emerald Isle Realty and Grande Villas allows investors the luxury of handing over the everyday work that is associated with owning and renting an oceanfront condominium,” says Tom Ryan of Greystone Property Development.  “The Crystal Coast has a very busy vacation season. This is a win-win situation we are happy to offer to our investors.”

Emerald Isle Realty’s rental experts have projected a peak income between $3,000 and $6,000 a week due to the steady demand on the North Carolina coastal market.

About Grande Villas at Indian Beach
Grande Villas at Indian Beach is an elegant new luxury condominium development being built on North Carolina’s Crystal Coast. Located on Indian Beach in a perfect natural setting, these spectacular oceanfront residences offer club-class living, breathtaking views and unlimited recreational opportunities. The Crystal Coast has become one of the most sought-after and exceptional values for second home buyers, vacationers and retirees on the East Coast. For more information, please visit www.gvcondos.com.

About Emerald Isle Realty
Emerald Isle Realty’s legendary Southern hospitality began in 1962 when Mildred Batten Simmons and her husband Clarence moved to Emerald Isle to pursue their love of salt water fishing. Over 45 years later, they are the classic choice for real estate on the Carolina coast. Emerald Isle Realty is always highly selective when choosing a partnership and their staff is eagerly anticipating the Summer 2008 grand of the reception area and on-site rental office at Grande Villas. For more information, please visit www.emeraldislerealty.com.