North Carolina Beaches Provide New Real Estate Hotspot

(PRWEB) July 8, 2006 -- New Resorts, LLC was established in the fall of 2004 by David O’Connell, and began with the vision of selling one oceanfront preconstruction condo-hotel project, the Prince Resort in Cherry Grove Beach. In less than two years, New Resorts has become a successful marketing company with 40-plus employees and agents, and has acquired a number of other preconstruction projects in order to attract every type of buyer with every type of budget.

North Myrtle Beach condos presently being marketed by the company include the Prince Resort, (three beachfront high-rises) and The Grove Condominiums (32 elegant oceanfront condominium residences) in Cherry Grove.

Myrtle Beach preconstruction resorts they represent include Aqua Bay, a 172 unit art-deco oceanfront high-rise, and several completed projects; The Anderson Ocean Club, and the Bay View Resort, which are in the final stages of construction. Recently, the Coral Beach underwent a successful condo-conversion and is presently being remodeled and improved.

Last and largest of all is the Sea Mist Resort in Myrtle Beach. Sea Mist is the largest condominium/hotel redevelopment in South Carolina history. It comprises 12 acres including oceanfront towers, and over 4 city blocks on the south end of Ocean Boulevard.

It will have a 30,000 square foot water park, indoor wave pool, restaurants, shops, spas, arcades and landscaped parks. Sea Mist will change the look and feel of its “South Beach” location beyond compare.

This year, New Resorts decided to broaden its spectrum. The latest market trend reports indicate that the next hot spot for growth is Brunswick County, in North Carolina. According to Jenny Burns, real estate reporter for the Sun News, “Builders see Brunswick County as the next Promised Land.”

Preconstruction is a growing trend in all North Carolina beaches, particularly in Carolina Beach, NC and the southern NC beaches of Sunset Beach, Holden Beach, and Calabash, NC.

The Brunswick County area is very attractive to both builders and home buyers. N.C. Board of Transportation member Lanny Wilson says builders are finding that “Officials in Brunswick County seem to be more receptive about development and in some cases less restrictive than Horry County. The restrictions that they do have in place are 35 and 60 feet height limits which make the area more attractive to home buyers.”

He states that “Brunswick County commissioners are planning to spend $330 million on highways and strategies to figure out a road system that will meet the needs of more than 55,000 home sites that have been recorded.”

Some of the nation’s largest homebuilders are already very active in Brunswick County. Centex, D.R. Horton, and Bill Clark Homes have been buying and building for several years. Now Lennar Corporation and Portrait Homes are also entering the N.C. coastal market.

Based on all the activity, New Resorts, LLC has sought out opportunities for individual investors to participate in this booming market. They are accepting reservations for Somerset at Spring Mill Plantation. Somerset is in the Calabash, NC area, and comprises 116 lots designated for custom homes. There are no time limits for construction and buyers are free to choose their own builder. This is an amazing opportunity and very affordable - with lots starting in the mid-eighties.

Call New Resorts, LLC for more information, or join their mailing list. Further news about Somerset at Spring Mill Plantation will soon be available on the New Resorts website.

Investment Waterfront Property and
Oceanfront Real Estate
New Resorts LLC
2423 US 17 South
North Myrtle Beach, SC 29582
866-947-2537 (Toll-free)
843-361-7253
www.NewResorts.com

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