Coastal property in the UK is much more expensive

Despite the fact that increasingly in the United Kingdom fall rains and some places are flooding, property located on the shore of the sea or other body of water cheaper in comparison with real estate, located in the heart of the island.

The average increase in the price of apartments is about 60% .

When compared more closely, it becomes clear that this rather average figure – so, the most expensive real estate on the beachfront property in the South-Western part of the English coast, where real estate is more expensive by 75%.

Luxury property in London on the river Thames on average 55% more homes in the South East of England have an increase in price 44%, and on the East coast – 41%.

In the report of the influential real estate Agency Knight Frank, which is dedicated to waterfront properties in the UK, said that not only the location of real estate can be a decisive factor influencing the price – first and foremost, people appreciate convenience and comfort. So, a good access to water can really be the circumstance for which the buyer is willing to pay a good premium.

Private path to water can be a significant factor, raising the price of coastal property to 115%. Property at sea, which includes the possibility of mooring or pontoon may be higher by 104% and 100%, respectively. A property with a private dock or beach access is more expensive by 89% and 85% .

If you compare the real estate by type of banks where the property is located – the most prized real estate at the mouth of the rivers . Followed by a property in the UK, located in the port cities, and then really just coastal property. The small increase in price – about 37 percent of real estate land has property on the banks of lakes.

The demand for coastal property in the UK is becoming global.

Last year marked a 6% increase in the number of buyers from abroad who are interested in coastal real estate. Among foreign buyers are leading buyers of USA, Germany and Australia. Buyers of real estate on the shoreline becoming younger and younger. Last year more than 60% of the buyers were people over the age of 50, this year – more than 60% of people 40 years and younger.

® Helen Entree. 31. 07. 2014

Student housing in Canterbury

Investment in student housing

Investment in student housing. Luton and Richmond.

New South Quarter

Bow Church

Holland Park Avenue

EDRIDGE Croydon

West One in Luton

Richmond

Apartments with one and two bedrooms at metro Lewisham (2)

Minster House

The complex “Luxury” on Hammersmith

Studio in Lewisham

AVENU