South Padre Island is the tropical tip of Texas and the best value in Ocean Front property in the United States. We are also named on MSN.com as one of the top 10 beaches! Thanks in part to our white sand and turquoise-blue surf. Many factors are contributing to the successful real estate market in the South Padre Island area.
These include: the available room for expansion on the north end of the island, the comparatively low prices for beachfront property (vs. Florida and California), the uncertainty of the stock market, and the large number of baby boomers retiring. The median price for real estate in the area has held its own and has increased from 2006, to 2007 and is up for 2008! The beach front high-rise condominium projects are doing particularly well.
[South Padre Island Residential Sales are up 55% in 2009 and Alice Donahue Real Estate is the leader in sales volume by a wide margin.]
South Padre Island is also very close to Matamoros Mexico. Guide companies offer shuttle services to our southern neighbor daily. Mexico is known for inexpensive public markets, a terrific dining scene, and bustling nightspots.
The natural beauty of its beaches, its vibrant business climate and the friendly people that call the Island home matches South Padre's rich history. The white, sandy beaches of South Padre are known throughout the United States and beyond, with the emerald water of the Gulf of Mexico serving as the perfect backdrop for spectacular sunsets. read more ...