Vacasa ranks Navarre No. 3 in U.S. for best place to buy a beach house

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Well-known short-term rental management company Vacasa has ranked Navarre Beach as one of the top markets in the country to invest in a rental home to get the most bang for your buck.

Navarre Beach’s third-place ranking should come as no surprise to those paying attention to the real estate market over the last year. Experts say demand has increased significantly in the Panhandle area, causing a huge inflation of housing prices.

Those prices — though they have increased significantly in the eyes of locals — are still much more affordable to out-of-towners who otherwise would be looking in markets like South Florida or other coastal communities.

Housing market watch:Pensacola’s median home prices hit new record. What experts say is driving up costs.

More reasons to love Navarre:ABC liquor and Starbucks to join Elevate Navarre, luxury apartment and retail development

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