Introduction
When it comes to finding the perfect vacation spot, Angel Fire, New Mexico, offers a unique blend of natural beauty, outdoor activities, and a thriving short-term rental market. Whether you’re searching for an Airbnb, short-term rental, or vacation rental, Angel Fire has it all. In this comprehensive guide, we’ll delve into the details of Angel Fire’s short-term rental market and provide valuable insights for both travelers and potential property investors.
Angel Fire Real Estate Overview
Before diving into the specifics of the short-term rental market, let’s take a look at the current state of real estate in Angel Fire.
Home Values and Appreciation
According to Zillow, Angel Fire’s median home value stands at an impressive $471,975. Even more interesting is the fact that homes in the area have depreciated by only 2.90%. This steady appreciation makes it an attractive destination for real estate investors.
Property Taxes
If you’re considering purchasing a property for short-term rental purposes, it’s crucial to understand the associated property taxes. In Angel Fire, the average property tax rate is 0.86%, a factor to consider when evaluating potential returns on investment.
Short-Term Rental Market
Now, let’s shift our focus to the thriving short-term rental market in Angel Fire.
Rental Supply and Demand
Chalet data reveals that there are currently 1,030 active short-term rentals in Angel Fire. This robust supply caters to the demand generated by the town’s popularity among tourists and outdoor enthusiasts.
Rental Performance
The average daily rate for short-term rentals in Angel Fire is $379.30, with an occupancy rate of 44%. This translates to an impressive annual revenue of $48,900 for property owners. The average gross yield stands at an attractive 10.36%, making it a lucrative market for potential investors.
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Angel Fire: Beyond Short-Term Rentals
While the short-term rental market is undoubtedly a significant aspect of Angel Fire’s appeal, there’s more to explore in this charming town.
Community and Lifestyle
Angel Fire boasts a welcoming community and a laid-back mountain lifestyle. The town’s median household income is an essential consideration, and although this information is not readily available, it contributes to the overall quality of life.
Climate
Angel Fire enjoys a mountain climate with cool summers and snowy winters. This makes it an ideal destination for skiing, hiking, and other outdoor activities throughout the year.
Population and Sports
Angel Fire is a small town with a population of approximately 1,000 residents. While it may not have major sports teams or colleges, it offers a close-knit community and access to outdoor adventures.
Crime Rate
Angel Fire’s status as a peaceful mountain town is reflected in its low crime rate, making it a safe and attractive destination for tourists and property investors alike.
Tourism and Attractions
Understanding the tourist landscape is essential for property investors and travelers alike.
Visitor Demographics
Tourists flock to Angel Fire from various regions, including nearby cities like Santa Fe and Albuquerque. Understanding where visitors are coming from can help property owners target their marketing efforts effectively.
Total Visitors
The exact number of visitors to Angel Fire can vary seasonally. However, the town attracts outdoor enthusiasts, nature lovers, and those seeking a peaceful mountain retreat.
Tourist Attractions
Some of Angel Fire’s biggest tourist attractions include the Angel Fire Resort, which offers skiing and golf, and the stunning Carson National Forest, which provides endless opportunities for outdoor exploration.
Peak Season
To make the most of the short-term rental market, it’s crucial to know when the peak season occurs.
Peak Season Timing
Angel Fire experiences its peak tourist season during the winter months, thanks to its fantastic skiing conditions. However, the town also attracts visitors throughout the year, with summer being popular for hiking and outdoor activities.
Conclusion
In conclusion, Angel Fire, New Mexico, offers a thriving short-term rental market, making it an excellent choice for both travelers and property investors. With its impressive property values, steady appreciation, and attractive rental performance, Angel Fire stands out as a prime destination in the world of Airbnb and short-term rentals. Moreover, the town’s natural beauty, low crime rate, and diverse tourist attractions make it an appealing choice for those seeking a unique vacation experience. Whether you’re looking to book your next getaway or explore investment opportunities, Angel Fire, NM, has something special to offer.
