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Short sale listings are landing in waves all over the market in the Newport Beach area, and as they do, there has never been a better time to buy a condo with a view of the ocean at such bargains. Prices play loose and fast all over the Newport Beach landscape ranging anywhere from $300,000 to $3 million. With so much diversity in quality and location, the time has never been better to nab one of these condos for your own. After all, even the cheapest locations have fast and easy access to the beach, which, alone, is worth what you could get it for on a short sale listing. As you remember the key to real estate investing successfully is to buy low and sell high, consider for a moment that many properties in the following areas are selling at less than 50% the original value. Newport Heights Want a terrific view of the ocean along with walking distance to the beach? If so, then you want to stay in Newport Heights. But even if you don't buy to own, you can still keep this condo rented out through most of the year, thus providing you with a steady source of year round income. Located within walking distance of Balboa Peninsula and Lido Isle, Newport Heights boasts mostly two and three bedroom homes for the individual or the small family. West Newport Lido Area If you can afford a little higher quality of condo or investment, then you should consider those available in the West Newport Lido Area. This region has many bay and ocean front views that will have you the envy of every tourist, who ventures into the Newport Beach area. If you are a boater, you can take particular joy in the fact that most of these homes and condos come with boat slips, so deep sea fishing or a nice little cruise is never far away. Babloa Peninsula If Newport Heights and the Lido region don't do it for you, then you can always head down the street to the Balboa Peninsula. There are many attractions in this area that command tourist attention each year. Among them are the Newport Pier, Balboa Fun Zone, and fine dining and shopping. Balboa Peninsula is quite simply a place for everyone, no matter what their background or family living situation is. Once you have weighed the options that are at your disposal, you need to look for the right agent to close the deal. Remember to get a really good price, you will need the short sale, and it takes an agent with experience to get your offer in and seen before the competition leaves you out in the cold for good.
View the latest Newport Beach Real Estate for sale. There are also many Newport Beach Ocean View Condos For Sale.
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