Showing posts with label Rehoboth By The Sea. Show all posts
Showing posts with label Rehoboth By The Sea. Show all posts

Sunday, December 5, 2010

Dewey Beach Leaseholds...... Series 1.

2004, I changed my life. I was six years into "Boot Camp", all work and no play, and it was time to have fun...... not just once in a while, but every week!
Childhood Summer memories at Dewey and Rehoboth Beach prodded me to return and find the fun. Since I loved life at the beach as a sand-crab the theory was as an adult I would too!
Summer of 2004, I looked for my beach cottage. As a kid we rented lease-hold cottages on the beach block; as an adult I wanted the same experience.
Summer 2004, what a crazy real-estate market I came into! In my humble opinion the prices for fee-simple and lease-holds were beyond inflated.
I decided not to buy a price-inflated fee-simple beach property, and instead I wanted a property not more than three blocks from the beach; and the cheapest one would do just fine. Thus I bought my Rehoboth By The Sea Leasehold "Beachy Cottage", Second Block from the ocean.
I bought a life style. I found a community of over 300 property owners that did the same as myself.
The lease-hold is the same as buying a fancy vehicle or boat. The money is spent for pleasure and not as an investment.
Sometimes, I do call my beachy-cottage: My Beached Boat.
I am happy to be moored two blocks from the finest beach in Dewey!

Beach Blessings,