Pensacola Property Market and Real Estate Guide

(Pensacola, Florida - FL, USA)

Florida is always a popular place to live and many people choose this state to retire in, due to its many modern facilities and amenities aimed at older generations. Pensacola boasts a collection of beautiful white beaches and is predominantly a seaport city.

The mild winters and pleasant summers make Pensacola an attractive place for families to live and there are many good schools in the area. Around 50,000 people currently live in the coastal city and the downtown area is home to the majority of the local businesses.

Homes suitable for families are located on the outskirts of Pensacola. Retirees often choose to rent or buy homes in retirement villages that boast their own facilities and cater for an older clientele. Greater Pensacola is home to many properties at good prices, in comparison to the luxury homes available that overlook Pensacola Beach and often sell for millions of US dollars.

Renting Serviced Apartments

There is not a whole lot of choice for those who wish to rent serviced apartments in Pensacola, but there are a few options mainly found close to the city center. Rent is on the high side as Pensacola is a popular city to reside, and renters can expect to pay around three times as much for an apartment with sea views than those found on the outskirts.

More popular are winter or holiday homes, which are similar and popular among Northern 'Snowbirds' who reside in the city seasonally. Expect to pay considerably more during the winter, when demand is high.

Buying Apartments and Houses

Buying property in Pensacola is a good investment opportunity and there is always the option to make an income through renting out property here, especially properties that are based close to the coastal regions. Like other cities in Florida, there is a continual demand for second or retirement homes, and a constant turnover. Those who cannot afford properties in cities such as Fort Lauderdale or Naples tend to find themselves much further up the Gulf coast, in this part of Florida.

It is vital to use the services of a reputable solicitor when non-US citizens purchase property in the US and the process can be lengthy and time consuming, although not overly complicated. The majority of the time will be taken up by paperwork. Be prepared for the authorities to not only take their time with your application, but also go through every detail pertaining to your personal and financial background.

Real Estate Agents

Finding an English speaking agency in Pensacola is simple and there are also a few who offer Spanish speaking agents. The downtown region is home to a handful of local agents, while others can be found on the Internet or through local phone directories.

Check out the following Pensacola realtors and real estate agents:

Donovan Realty
Address: 223 East Government Street, Pensacola, Florida FL, 32501, USA
Tel: +1 850 432 6104
Donovan Realty is a small agency that has been running for many generations and the local knowledge of the company is second to none.

Remax Horizons Realty
Address: 1335 Creighton Road, Pensacola, Florida FL, 32504, USA
Tel: +1 850 476 6000
Remax Horizon Realty handles both sales and rentals in the city center and the surrounding areas, and boast many luxury beachside properties on their books.

Connell and Manziek
Address: 2107 Airport Boulevard, Pensacola, Florida FL, 32504, USA
Tel: +1 850 478 4141
Connell and Manziek specialise in commercial and residential sales, covering the city of Pensacola, as well as many of the surrounding areas.