Best Areas to Invest in Virginia Beach

Key Takeaways

• Virginia Beach remains a strong real estate market due to rising rental demand, affordability, and a high quality of life, making it attractive for both renters and property investors.

• Top investment neighborhoods offer different opportunities: Colony Acres appeals to higher-income professionals and families, Pocahontas Village benefits from strong demand and affordability, while Burton Station presents long-term growth potential through planned community development.

• Location and amenities drive investment value in Virginia Beach, with neighborhoods offering access to jobs, transportation, shopping, schools, and beaches showing the strongest demand and potential for property appreciation.

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Finding the best neighborhoods in Virginia Beach, VA to invest in can be a challenge for people looking to purchase real estate. As an investor, it is necessary to conduct proper research and due diligence before making any commitments to avoid a bad investment.

If you’re thinking of investing in Virginia Beach, VA real estate, that’s a great idea.

Over the past few years, Virginia Beach, VA has been experiencing a significant increase in rental demand. In fact, properties throughout many neighborhoods in Virginia Beach have been selling faster than ever before.

Virginia Beach, VA, is considered an attractive place for renters, thanks to its affordability, high quality of life, and location along the Atlantic Ocean. As a popular beach town in the Hampton Roads region, it continues to attract all.

Considering the high demand for rental housing, this market has great potential for real estate investors.

But you may be wondering: Which neighborhoods in Virginia Beach are best for real estate investing?

In this article, we are highlighting some of the best neighborhoods in Virginia Beach to invest in.

1. Colony Acres

Homes in Colony Acres tend to be priced slightly higher than Virginia Beach homes in most neighborhoods.

You can find many types of properties in Colony Acres, but the most common are single-family homes with three to five bedrooms.

Most of these houses were constructed between 1970 and 1999. However, many houses are still being built today, providing contemporary housing options at a variety of price points. The houses in this neighborhood are known to be larger than most in the country.

The levels of income in this neighborhood are relatively higher than in other Virginia Beach areas.

Several major companies have also relocated to the surrounding areas, seeking to take advantage of the Commonwealth’s business-friendly laws and creating more job opportunities.

The most notable company to recently relocate here is Haulotte North America. They moved their corporate offices to Chandler Creek Road, just outside Colony Acres.

The Commonwealth’s business-friendly laws are likely to attract other major companies to the area. In turn, this will increase migration to the area and create a greater demand for properties. This tight-knit community also has a relaxed atmosphere that appeals to many.

2. Burton Station

Compared to the other best neighborhoods in Virginia Beach, Burton Station has a lower income average and a high number of vacant homes. This indicates that the property market in this community is relatively slow.

However, there is hope for the future of Burton Station. The vision for growth in Burton Station is centered around its historical roots.

The main aim is to provide the necessary amenities that would cater to the needs of residents living there. This plan includes the establishment of neighborhood shopping centers, a community center, and several planned communities designed to encourage long-term growth.

Currently, Burton Station is surrounded by areas that are mostly occupied by students and government workers. This is partly due to its accessibility to Virginia Beach and other nearby cities within Hampton Roads.

The neighborhood is also located next to Norfolk International Airport, making it a convenient area for business travelers.

Even though Burton Station might not be as active a market as other Virginia Beach neighborhoods, it has great growth potential. If you plan on investing for the long term, this is definitely one of the places you should consider.

3. Pocahontas Village

This Virginia Beach neighborhood offers a more suburban feel and attracts all due to its easy access to the city and nearby beaches.

It is centrally located near the western border of Virginia Beach and has convenient access to Interstate 264 and the I-64 beltway.

The neighborhood offers residents several amenities, including shopping centers, supermarkets, big-box retailers, department stores, Pembroke Mall, and recreational parks such as Mount Trashmore Park and nearby Red Wing Park.

The convenient access to amenities makes Pocahontas Village desirable, and these features have a significant impact on housing costs in the area.

This neighborhood has low housing vacancy rates, indicating strong demand for its properties. Most homes in this area are single-family residences or townhomes.

The properties in Pocahontas Village are slightly more affordable compared to other Virginia Beach neighborhoods, making it appealing to investors seeking attractive price points.

Pocahontas Village has the right mix of amenities and transportation access, resulting in increased demand for its properties. Along with relatively affordable housing prices, this neighborhood promises strong returns for real estate investors.

Other Neighborhoods in Virginia Beach

Bay Colony

Just a short biking distance from the ocean, Bay Colony is one of the best Virginia Beach neighborhoods for those who love coastal living. The homes are found along winding streets, and the neighborhood is also home to Princess Anne Country Club, which features a golf course, pool, tennis courts, and dining options.

Chic’s Beach

Chic’s Beach, also known as Chesapeake Beach, is a peaceful waterfront community located along the shores of Chesapeake Bay. There are relatively few tourists in this area, allowing residents to enjoy a quieter lifestyle while still having access to beaches, seafood restaurants, marinas, and charming beach cottages.

Lynnhaven Colony, Ocean Park, Marina Shores, Cape Story, and Ocean Lakes are popular surrounding communities.

Pungo

In the southeast corner of Virginia Beach, you’ll find Pungo. This neighborhood is located near the city limits and offers a more rural atmosphere while remaining a short drive from Sandbridge Beach. It’s also near Back Bay National Wildlife Refuge, where residents can enjoy hiking, biking, and nature exploration.

Christopher Farms

Centrally located in southern Virginia Beach between Holland Road and Princess Anne Road is Christopher Farms. This friendly neighborhood offers farmers markets, Landstown Commons shopping center, grocery stores, and access to excellent schools.

Seatack

Seatack is located in Downtown Virginia Beach. Living here means residents have everything they need within a short distance, including shopping, entertainment, restaurants, and beach access.

Little Neck

Little Neck is a great neighborhood. The most affordable homes can be found near Virginia Beach Boulevard, Kings Grant, and Middle Plantation. Residents also enjoy proximity to Town Center and Joint Expeditionary Base Little Creek-Fort Story.

Asheville Park

Located in southern Virginia Beach, Asheville Park is only a short drive from Sandbridge Beach, where residents can enjoy hiking, kayaking, and fishing. The neighborhood also offers convenient access to outdoor recreation and open green spaces.

North End

If you’re looking for a relaxed coastal neighborhood, North End is an excellent choice. Stretching from Atlantic Avenue north of 38th Street to Shore Drive, it offers easy access to the boardwalk, nearby First Landing State Park, and beautiful oceanfront scenery. Some residents choose to join the Marriott Beach Club, which features rooftop dining and other amenities.

Additional Areas Worth Exploring

Investors may also want to consider communities such as Broad Bay Island, which offers waterfront living and luxury homes, as well as Ocean Lakes, a well-established residential area known for its convenient location and strong community appeal.

Bottom Line

If you’re considering investing in real estate, there are many reasons to choose Virginia Beach neighborhoods!

The best Virginia Beach neighborhoods show a lot of promise right now or have great potential for growth in the future.

The city of Virginia Beach is desirable to many because of its high quality of life and its affordable lifestyle. This has resulted in the growth of housing demand over the past few years. This means that Virginia Beach homes are likely to continue increasing in value, making it a great place for property investment.

We hope this article about the Virginia Beach neighborhoods to invest in was helpful!

If you want to invest in Virginia Beach properties, you should seek out the services of a reputable property management company. At Limehouse Property Management, we have a wealth of experience managing properties in the Virginia Beach area.

Our property management professionals offer services that help landlords and property investors maximize their returns. Get in touch with us today to find out how we can assist you in your investment journey.