Why Buy Now?

For Family…

  • Invest in your family's future… today
  • Enjoy the community and the "quality of life" while your investment
    works for you
  • Family enjoyment and usage … priceless
  • Escape to tranquility on your island paradise and leave your stress behind

For a Solid Real Estate Investment…

  • Capital appreciation over the past 10, 20 and 30 years has been outstanding and should continue for years to come
  • WW II and baby boomer generations - the wealthiest in our country's history - will bequeath an astronomical $41,000,000,000,000 (trillion) over the first half of this century to children, friends and charity
  • 77,000.000 ( million) baby boomers are reaching retirement age
  • Population Shift … The Sun Belt is in the path of growth and will draw affluent younger retirees. In the next 25 years the State of South Carolina is projected to see its population increase by 20 to 30 percent
  • Demand will outstrip supply as Hilton Head island is a world-class internationally acclaimed oceanfront destination.
  • Over 2,225,000 (million) visitors a year come to Hilton Head Island
  • Hilton Head Island is within a 15 hour drive-to-radius for 105,000,000 (million) people. It is also especially attractive to international visitors from Canada, England, France and Germany
  • Establishes a forced savings program
  • Interest rates remain extremely attractive providing additional buying power
  • Lenders provide outstanding leverage as purchasers can own with a down payment as low as 10 percent
  • Condominiums and homes can be rented to help defer costs for those owners who desire
  • Outstanding real estate tax write-offs, where applicable
  • Community offers an outstanding niche in resort living because of superior land planning and design, overabundance of resort amenities - all on a subtropical Island surrounded by the Atlantic Ocean
  • Hilton Head Island represents a wonderful opportunity for families to have quality time and relaxing moments together and yet have an outstanding real estate investment that will enhance their investment portfolio.
  • Hilton Head Island real estate has become the most valued investment for many families, excluding their primary residence.

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Hilton Head Island
Property Tax Information

Real estate taxes are determined by the county tax assessor and are based on an appraised value of the property, comparable sales, condition of property, ect. The appraised value is then multiplied by 4 percent for residents and 6 percent for non-resident property owners and corporations. This figure gives what is known as the assessed value. The assessed value is then multiplied by the appropriate mileage rate based on the district the property is located in.

Please note, "The first $20,000 of the fair market value of a home is exempt from property taxes for citizens who are 65 or older; citizens who are totally and permanently disabled; and citizens who are legally blind, if they have been a South Carolina resident for at least one year."*

Tax District
District Number
Millage Rate
Hilton Head Plantation
510
185.01
Palmetto Hall
510
185.01
Port Royal
510
185.01
Indigo Run
510
185.01
Spanish Wells
510
185.01
 
 
Shipyard
550
179.19
Forest Beach
 
 
South Beach
550
179.19
Sea Pines Plantation
550
179.19
Wexford
520
188.71
Long Cove
520
188.71
Palmetto Dunes
520
188.71
Shelter Cove
520
188.71
Leamington
520
188.71
 
 
Windmill Harbour
501
186.51
 
 
Areas in Shipyard
 
 
* Information taken from Beaufort County 2009 Millage Information - www.bcgov.net

 



SHELTER COVE PLAZA
32 Shelter Cove Lane, Suite P
Hilton Head Island, SC 29928
843.785.2452    800.845.9506
843.785.2511 Fax
andrew@schembrarealestate.com