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You are here: Home / Palm Springs Real Estate News / Coachella

Coachella

Coachella

Coachella

Coachella, also known as Coachella Valley Music and Arts Festival is known for its music. The vast amount of music genres Coachella offers draws in hundreds of thousands of people year-after-year, from different countries and cultures. Over the years, Coachella has gained so much popularity, that what was once a one-day event, now takes place over a two-day time span.

For anyone that owns a Palm Springs vacation rental, Coachella can become one of their greatest sources of annual income. Currently, every hotel in the Palm Springs area is SOLD OUT. Here is a list of the hotels currently sold out in Palm Springs, the Hilton 24.3 miles away, the Renaissance 26.2 miles away, Homewood Suites La Quinta 6.6 miles away, Renaissance Indian Wells 8.7 miles away, Westin Mission Hills Golf Resort and Spa 16.6 miles away, Rivera Palm Springs Resort & Spa 25.7 miles away, and the list goes on.

Why Invest in Real Estate

A home close to Coachella, could be your ticket to generating some amazing returns. That is, if you were to purchase it as a vacation rental, it would become a great source of income. See below what hotels are charging for only a 3-day stay

  • The Hilton, which is 24.3 miles away from the festival, offers a 3-day package ranging from $3,079 up to $6,445
  • The Renaissance Indian Wells Resort & Spa which is 26.2 miles away has a 3-day package ranging from $2,689 to $5,905
  • The Rivera Palm Springs Resort & Spa 25 miles away has a 3-day package that ranges from $2,755 to $6,150

Vacation Rentals

What ever your circumstances might be for buying a home, Palm Springs, CA is one of the few cities where real estate is still affordable. Today, the market for Palm Springs real estate is thriving and the values are exceptional. So if you are looking for an ideal investment, a vacation home, or retirement property, there is a Palm Springs home just for you, one that suits your needs and your budget.

If you are in the market and looking to invest in a vacation rental, you may want consider buying a home in Palm Springs. Vacation rentals in Palm Springs go fast, summer, spring, or fall it does not matter, vacationers will come and go year round because of what Palm Springs has to offer. Palm Springs is a place where there is always something to do, but what truly makes Palm Springs such a big draw for vacationers near and far, is the list of well-known events like Modernism Week, Coachella, the BNP Paribas Open, and the Stagecoach Festival just to name a few.

Rented Out For Months

Consider the possibilities of the money you could make with a vacation rental in Palm Springs. The shear amount of people the signature events draw in, could keep your vacation rental rented out for months. So, whether you simply want to have a home in one of America’s hottest vacation spots, or you are looking to grow your sources of income, owning a vacation rental in Palm Springs offers you a regular source of steady income, or a place that can be enjoyed by you, your family, and your friends.

Investing in Palm Springs Real Estate

Town Real Estate is currently offers multiple homes only miles away from the annual two-day event known as Coachella, and only minutes away from other major annual events. Owning a vacation rental in Palm Springs could mean having a regular steady source of income. From signature events, to family vacations, we can help you find just the right investment. So, whether you are looking for a new source of income or simply looking for a place to call home, we have you covered!

 

Discover Affordable Palm Springs, Real Estate TODAY!

Earn rental income or simply soak up some fun in the sun during cold winter days.

Looking for a Second Place to Call Home? Contact us today to get started!

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Filed Under: Palm Springs Real Estate News Tagged With: Buying a Home in Palm Springs, Coachella, Investing in a Vacation Rentals, Palm Springs Real Estate, Residual Income Ideas, Vacation Rentals

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Great Communication and a Wealth of Knowledge…

We could not be happier with the amazing service Vince provided in both the sale of our old home and the purchase of our new home. Vince was recommended to us by a close friend whom used his services in the past. Vince has great communication and a wealth of knowledge on Bay Area real… Read more “Great Communication and a Wealth of Knowledge…”

G.T., San Jose

Attention to Detail was Flawless…

I recently had the pleasure of being a clients of Vince during a real estate transaction which I handled remotely from the East Coast. Vince found the property for me. Did all the research and connected me with anyone I needed to know including mortgage brokers, inspectors, etc. Vince helped me negotiate the best deal… Read more “Attention to Detail was Flawless…”

Michael C

Goes Above and Beyond…

Vince D’Angerio is one of the best real estate professionals I have had the pleasure to work with in my life.  He is detailed oriented, client focused, knowledgeable, cares about his clients – both on the buyer and seller side and most of all, he goes above and beyond to make sure his clients expectations… Read more “Goes Above and Beyond…”

Michael in Seattle

Geoffrey was Personal, Prompt…with Patience and Expertise…

Geoffrey Moore was referred to us through another agent.  Geoffrey went to work to find the property that was a good match for our needs. We saw at least 20 properties. Geoffrey was personable, prompt and always got back to us in a timely manner. After deciding on just the right one, this is where… Read more “Geoffrey was Personal, Prompt…with Patience and Expertise…”

Mark and Bryan, Los Angeles

I loved working with Vince…

I loved working with Vince because he was always available to answer any questions, to explain to us what was happening. He never called with a problem without having several solutions to better serve us and provide us with a smooth transaction

Lynda Figueroa

Easy, stress free…kind, caring and respectful…

We would like very much to says how pleased we are with Kevin Stern at Town Real Estate. The process from the beginning to the end was easy, stress free, when some questions or issue came up, Kevin alway said I’ll take care of it! Kevin was kind, caring and respectful. we definitely would refer… Read more “Easy, stress free…kind, caring and respectful…”

Jeannie Cao

Professional, personal, honest…I wouldn’t consider using anyone else!

Kevin represented me in the sale of my Palm Springs home and also represented us in the purchase of our new home in Rancho Mirage. He is highly knowledgeable, professional, honest, personable and punctual. In our search for a new home, Kevin pointed out several issues of concern that the property inspector missed; for which… Read more “Professional, personal, honest…I wouldn’t consider using anyone else!”

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