Holidaying in UK gives property prices a lift
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The thousands of Britons who abandoned foreign
holidays in favour of "staycations" have been good news for home
owners in our holiday resorts.
House prices in 19 of Britain’s biggest holiday
destinations actually rose in June and July - includingi n Bath,
pictured - compared to last year, according to statistics released
by property search engine www.nestoria.co.uk
The mountains, glens and rugged coastline of the Scottish
Highlands saw a 45 per cent rise in house sale prices from the
2008-2009 summer season in Thurso. The romantic moorland, beautiful
countryside and river valleys have attracted staycationers to South
Hams in Devon, which saw a rise of 16 per cent.
These figures are in stark comparison to the UK’s other
favourite holiday destination, Spain, which saw continued decreases
in house prices. The popular Canary Island of Tenerife and party
island Ibiza faired the worst of all Spanish holiday locations,
showing declines of seven per cent and six per cent respectively
from their summer 2008 figures.
Spain’s largest island and a holiday spot for many celebs,
Mallorca, has seen property prices drop by four per cent and in
Benidorm, playground of young Brits in the summer and retirees in
the winter, prices have dropped by one per cent.
"The holiday villa or apartment in sunny Spain doesn’t
look so attractive to Brits now, as the popularity of staycations
is driving many to enjoy their own backyard," said Nestoria’s Ed
Freyfogle. "The good news is many Brits who have purchased holiday
homes locally can sit pretty on their treasured nest
eggs."
THE BIGGEST RISING AREAS IN THE UK
1 Thurso in the Scottish Highlands
2 South Hams in Devon
3 Poole in Dorset
4 Brockenhurst in the New Forest
5 Wildboarclough in the Peak District
6 Oxford in the Cotswolds
7 Bath
8 Brighton and Hove
9 Stratford-Upon-Avon in the Cotswolds
10 Cambridge
11 Lyndhurst in the New Forest
12 Dorset
13 Torquay on the south Devon coast
14 Blaenau Ffestiniog in Snowdonia
15 Inverness in the Scottish Highlands
Tuesday, September 15 2009
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