Benefits Of Owning A Home In Rehoboth Beach

Friday, May 14, 2021   /   by Jay Lesko

Benefits Of Owning A Home In Rehoboth Beach

If you are thinking of uprooting your family and moving to Delaware, chances are good that you have already formed a short list of cities, towns and neighborhoods that might be best suited to you and your family’s lifestyle. 

Without a doubt, there are a lot of great places to check out in Delaware, but one of the best is without a doubt Rehoboth Beach. 

If you want to learn a bit more about Rehoboth Beach and living in Delaware as a whole, then you have certainly come to the right place! 

Let’s break down the top benefits of owning a home in Rehoboth Beach together. 

Vacation vibes and revenue opportunities

One great aspect of owning a home in Rehoboth is that you will own property in one of the prime vacation spots on the mid-Atlantic shore. Rehoboth Beach offers residents and visitors a taste of pristine oceanside living, complete with laid back vibes, wonderful beaches, and of course remarkable oceanfront views. 

A side benefit that comes with living in such a desirable locale is that you will have the chance to make quite a bit of money from renting out your home. 

Close to major cities

Another fantastic benefit of living in Rehoboth Beach – and Delaware as a whole – is that you get to live in really close proximity to many of the most important cities in the world without having to actually live in the city itself. Cities such as Washington D.C., Baltimore and Philadelphia are all short trips in the car away. New York City is even in reach if you are willing to make a longer-than-usual commute by car or train.


Tax benefits

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Aside from real estate taxes, the entire state of Delaware offers its residents really attractive tax benefits. For example, the state does not collect a sales tax or social security. Moreover, if you plan on retiring in Delaware, retirees are able to receive up to $12,500 in pension funds before state income taxes are applied to it. Finally, Delaware doesn’t charge any inheritance taxes or personal property taxes. 

Top medical infrastructure

While there has been some concern regarding a possible primary physician care shortage in downstate Delaware, the vast majority of the state – and the wider Mid-Atlantic region – has some of the best medical practices in the entire world. Whether you have unique medical concerns that will require a specialist, or simply want to make sure that you have top care as you get older, then Rehoboth Beach and the rest of the state of Delaware is a really great place to be. 

Conclusion

Now that you have a better idea of what Rehoboth Beach and the surrounding areas have to offer, you probably are a bit closer to making the decision when it comes to where you want to move. All you have to do now is book a trip to Delaware and see all that it has to offer with your own two eyes. 

Iron Valley is your locally, independently owned and operated real estate agency in Rehoboth. Our agents are local experts that are your resource for Rehoboth Beach, DE homes for sale & real estate. As seasoned real estate agents in Rehoboth Beach DE, we offer an extensive portfolio of real estate properties that include new build and single family homes for sale, including bay, and oceanfront properties.