The coastal market is no longer dominated by holiday-home buyers. Flexible working, coupled with a desire to step away from technology (at least for some of the time), means that more people are choosing to live full-time by the sea. So what are the current trends and market drivers?
The joy of living on an island is that nowhere in the UK is more than 70 miles from the sea. Now that flexible working patterns are here to stay, more homeowners are in a position to set up their primary residence on the coast.
“From Anglesey to Aldeburgh, Polzeath and North Berwick, we’ve seen a significant increase in buyers looking to improve their work-life balance while living by the sea,” says James Toogood, a director in the Country Department, who focuses on the sale of prime properties in the south and southwest. “Elements such as accessibility and the quality of internet communications are more important than ever, especially for those relocating full-time.”
Different locations will attract different sorts of buyers, depending on their interests. But the wish list will often include finding an area with a strong community spirit that residents can embrace, whether they are there for the summer or year-round; good pubs and restaurants; and a strong selection of local independent shops.