Why invest in New Hampshire?
The state of New Hampshire is known for its scenic landscapes, engaging vibrant communities and strong economy. It is rapidly becoming an attractive destination for real estate investors. While big cities often steal the spotlight, the true investment potential lies in some of the smaller regions of this beautiful state. These hidden gems offer unique opportunities for those looking to maximize their returns while enjoying the benefits of investing in a stable and growing market. Some of the recommended areas we invest in include:
1. Durham NH
Image Source: Beards Creek Community
Living in Durham offers residents a country/suburban feel with a nice mix of a commercial downtown area, rental apartments, and fabulous small neighborhoods filled with homeowners. People are attracted to the town for its natural beauty, lively downtown area, (where the University of New Hampshire has its main campus), and the public schools, which rate as some of the highest in the state. With a population of 14,921, weekends and holidays will be filled with activity and excitement throughout the community. It is a town diverse in age groups and occupational endeavors.
The town’s diversity helps to create its identity. Their vision encourages mixed residential and commercial development in and near the downtown including retail establishments, offices, services, eateries, and other businesses that will serve local needs and interests while attracting visitors from neighboring vicinities.
Durham is also known for being the home of the University of New Hampshire, where townspeople flock to football and hockey games.
Real estate investors in Durham can capitalize on the strong demand for both long-term and short-term rentals. As home to the University of New Hampshire, it is attracting a large student population and creating a consistent need for rental properties.
2. Keene NH
Image Source: Nextdoor
Keene is one of the most unique and beautiful towns in New Hampshire, rich with history, gorgeous nature scenes, and classic New England architecture. Settled in the Connecticut river valley, this area offers an abundance of delicious restaurants, entertainment, and engaging museums. Investing here offers several advantages. Similar to Durham, Keene is the home to Keene State College which can bring a consistent flow of students and creates a strong demand for rental properties. Keene is also known to have a high quality of life, with good schools and a low crime rate. These types of factors are attractive to families and retirees which can lead to stable and growing demand for housing. Over the past few years we have invested in Keene, and have seen an increase in property equity and rental rates.
3. Plymouth, NH
Image Source: Nextdoor
Plymouth, New Hampshire is a very cozy community, with lots of fun and engaging opportunities for recreational and outdoor adventures with just a short drive. Plymouth is perfectly located between New Hampshire’s Lakes Region and the White Mountains. The area itself attracts tourist all year-round that can provide short-term vacation rentals and tourism-related investments. Plymouth’s central location provides easy access to major destinations like the White Mountain National Forest, Lake Winnipesaukee and ski resorts such as Waterville Valley and Loon Mountain. This makes Plymouth and attractive location for both full time residents and seasonal visitors. Plymouth is also home to Plymouth State University, which attracts students from the tri-state area, and helps to support rental real estate investment.
4. Portsmouth NH
Image Source: WSL
Portsmouth, New Hampshire offers a variety of advantages for real estate investors due to its unique blend of economic, cultural and geographic factors. It boasts a robust and diverse economy with key industries including healthcare, education, technology, and tourism. Major employers and a thriving job market makes it attractive for both residential and commercial investors. Its desirable location, vibrant downtown and proximity to the coast create a high demand for housing.
The population growth of the city and and limited land for development contribute to rising property values and rental prices making it a lucrative market for investors.
This historic seaport city bustles with a steady stream of tourists which help support the strong market for short-term and long-term rentals. Rental rates in Portsmouth are much higher than in surrounding communities, which helps to attract higher-income professionals into the area. This in turn supports the local restaurants and downtown area.
Investors in Portsmouth can benefit from steady rental income, and growing market prices and rental rates. Particularly in areas close to downtown and the waterfront.
These regions combined makes New Hampshire a highly attractive state for real estate investments, offering a mix of economic stability, growth potential, and quality of life benefits that can lead immediate and long-term returns.