Santa Barbara is a top coastal destination in California known for its Mediterranean architecture and beautiful Pacific Ocean views. The city attracts numerous visitors with its pleasant summer weather, making it a preferred spot for vacation rentals. The rental market can be lucrative, albeit it only covers a fraction of the high home prices and mortgage expenses. The area's charm, temperate climate, and destinations like wineries appeal to families and more upscale vacationers, while real estate retains its value even amidst high costs.
Santa Barbara is popular for summer vacation rentals because it is pretty great weather-wise during that time of year.
If rented over a 14-week summer season, a home here would generate around $49,301 in income.
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