I've yet to see any condo slips increase in value in my area. Most
people who buy in when a new marina is built have to sell at a loss and
that's if they can find a buyer. Things they never tell you..........
You don't own it. You are usually only "buying" for 99 years which
really makes the pitch that it will always increase in value a big lie.
Any time things need rebuilding you have to anti up. Oh but they do
tell you about annual condo fees. Most of the time if you add a few
hundred bucks to the condo fees you can just rent somewhere else. I
know people who have bought slips only to be told the first season that
"by the way" new shorepower pedestals are going to be installed at the
cost of a grand per slip "owner" The big advantage of renting you can
sailaway at the end of the season if you want.