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Very few property investments are expected to generate profitable returns during this current economic recession. This realization makes it important for investors to consider what properties have experienced limited damages during this recessionary period. Located 15 miles south of Charleston, South Carolina, Kiawah Island property is one of few properties across the nation that has experienced minimal economic impact from the current recession. While many islands are located off of the coast of South Carolina, Kiawah Island is by far one of the most luxurious. Kiawah Island property is valued at an average of $1,000,000. Like most property values during the recession, Kiawah Island property has declined in value over the past year, specifically at a 6% rate. However, when considering the national average decline of 12%, it is apparent that Kiawah Island has been somewhat resilient to the current economic downturn.Charleston is known for its abundance of islands, but Kiawah Island is undoubtedly one of the featured locations in the area. The property values have been sustained due to a number of reasons. For one, the 8.3% unemployment rate on the island is lower than the national average. In addition, the cost of living on the island is 40% higher than the national average, which is a remarkable difference. Given these figures, it is no secret that wealthy individuals, families, and retirees are the central components of Kiawah Islands economy. The frequent circulation of funds throughout the area is the primary reason that the property values have not declined at the same rate as the national average. A smart investor will realize that funds will most like continue to be injected into the economy, especially since there is still considerable property available for purchase. In summary, despite the current economic recession, Kiawah Island has shown remarkable resilience.

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