I am curious about the second home rental market in Miami. How is the vacation-home rental market in 2009? I am investor planning to buy a house in South Beach.

Casa Ileana - 4 Bedroom

4BR hillside Alta Vista on the south side of Old Town, large heated pool and terrace overlooking bay and town, completely renovated, floating basins, granite countertop in kitchen, unique decor, master suite with large bath and seating area takes up entire upper floor, 2 bedrooms on main level, one with palapa seating area overlooking jungle, 4th bedroom on lower level with private jacuzzi. Located within blocks of Romantic Zone, Olas Altas and Los Muertos beach. daily maid and partial cook service click on the link in blue above for info and fotos, also listed as 4BR Ileana. It is also located in Puerto Vallartas "Romantic Zone" in the friendly Los Muertos Beach area. Bars, restaurants, tour agencies abound. As an extension of the living area and kitchen, the spacious terrace and pool become the focal of the house with breathtaking views of Puerto Vallarta, Mexico and the bay. This vacation rental casa has been renovated and redecorated providing modern comfort along with old world charm. Accommodations include; beautiful rock walls, winding stairways, wrought iron details, a modern kitchen and unique ethnic decor all add to the mystique. The master bedroom features a large sitting area and an impressive bathroom with a huge Jacuzzi reminiscent of a luxurious Roman bath. One of the guest rooms incorporates the surrounding jungle into the living space, providing a private palapa getaway with vines and hammocks.

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