A vacation home does not have to represent a rational or logical acquisition. It is, after all, a luxury, not a necessity. But buying this second—or third or fourth—residence does not have to be a foolish act, either. Indeed, the purchase can prove to be a lucrative investment if it occurs in the right place at the right time. Here we identify 10 locations—five in the United States and five abroad (mostly countries where the U.S. dollar has remained strong)—where the best time to buy might be right now.
Abu Dhabi
Aspen/Snowmass Village, ColoradoBelize
Coeur d’Alene, Idaho
Croatia
CuraçaoLas VegasMauiMiamiSt. Kitts and Nevis