Why is Tortuga Dunes a good real estate investment?
Impacting the viability of Tortuga Dunes as an investment are the two classic economic forces, supply and demand. As for supply, of the nearly 372 miles of Gulf shorefront stretching from Port Arthur to Brownsville, only 6.5 percent is available for development. Three quarters of Texas shoreline is allocated to parks, refuges or otherwise protected land that cannot be developed, and about 15 percent is already developed, leaving small parcels like that occupied by Tortuga Dunes. And, of the development currently in progress, Tortuga Dunes has distinguished itself as the rare project that is doing just about everything right. In terms of demand, according to the National Association of Realtors® Profile of Second-Home Owners, two-thirds of these owners want to be close to an ocean, river or lake. Considering that Tortuga Dunes has drawn nearly 1,000 inquiries from people in 42 of the 50 states and two Canadian provinces, demand for waterfront – and for the quality proposition inherent i
