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The 25 best places to buy a vacation home in the US, ranked

Business Insider | Aug 20, 2019, 08.22PM IST

smoky mountains cabin

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Towns in the Great Smoky Mountains are favorites for vacation homes.

A vacation home not only serves as a perfect getaway, but as a great investment - especially if you buy one in the right place.

Property management company Vacasa recently released their 2019 report on the top places to buy a vacation home. To determine its rankings, Vacasa looked at home sales data in vacation destinations across the US and overlaid it with actual performance data for thousands of vacation rental properties.

Turns out, the mountains and the beach are battling it out for top spots. Vacation home buyers are loving both the Great Smoky Mountains and Florida beaches - but they're also buying everywhere from Oregon and Hawaii to Vermont.

Read more: Rich millennials are buying vacation homes before starter homes. There are 3 things you should consider before buying one, says a financial expert.

Below, see the top places in the US to buy a vacation home, ranked in order of increasing average investment property returns.

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